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With reference to the Union Budget 2021-22, consider the following statements:
1. A new scheme will be launched at the cost of '18,000 crores to promote the increase in public bus transport services.'
2. Government plans to deploy two new technologies, i.e. 'MetroLite' and 'MetroNeo' to provide Tier-2 and peripheral areas of Tier-1 cities with metro rail systems at a much lower cost with the same experience, convenience and safety.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
With reference to the Union Budget 2021-22, consider the following st...
The public transport system in urban areas got a major boost in the Budget for the year 2021-22.
  • A new scheme will be launched at a cost of Rs.18,000 crores to support augmentation of public bus transport services. It will facilitate deployment of innovative PPP models to enable private sector players to finance, acquire, operate and maintain over 20,000 buses.
  • Government plans to deploy two new technologies i.e. ‘MetroLite’ and ‘MetroNeo’ to provide metro rail systems at a much lesser cost with the same experience, convenience and safety in Tier-2 cities and peripheral areas Tier-1 cities.
The budget proposed Central counterpart funding to:
  • Kochi Metro Railway Phase-II of 11.5 km at a cost of Rs.1957.05 crores.
  • Chennai Metro Railway Phase –II of 118.9 km at a cost of Rs. 63,246 crores.
  • Bengaluru Metro Railway Project Phase 2A and 2B of 58.19 km at a cost of Rs.14,788 crores.
  • Nagpur Metro Rail Project Phase-II and Nashik Metro cost Rs.5,976 crores and Rs.2,092 crores respectively.
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With reference to the Union Budget 2021-22, consider the following statements:1. A new scheme will be launched at the cost of '18,000 crores to promote the increase in public bus transport services.'2. Government plans to deploy two new technologies, i.e. 'MetroLite' and 'MetroNeo' to provide Tier-2 and peripheral areas of Tier-1 cities with metro rail systems at a much lower cost with the same experience, convenience and safety.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Union Budget 2021-22, consider the following statements:1. A new scheme will be launched at the cost of '18,000 crores to promote the increase in public bus transport services.'2. Government plans to deploy two new technologies, i.e. 'MetroLite' and 'MetroNeo' to provide Tier-2 and peripheral areas of Tier-1 cities with metro rail systems at a much lower cost with the same experience, convenience and safety.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Union Budget 2021-22, consider the following statements:1. A new scheme will be launched at the cost of '18,000 crores to promote the increase in public bus transport services.'2. Government plans to deploy two new technologies, i.e. 'MetroLite' and 'MetroNeo' to provide Tier-2 and peripheral areas of Tier-1 cities with metro rail systems at a much lower cost with the same experience, convenience and safety.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Union Budget 2021-22, consider the following statements:1. A new scheme will be launched at the cost of '18,000 crores to promote the increase in public bus transport services.'2. Government plans to deploy two new technologies, i.e. 'MetroLite' and 'MetroNeo' to provide Tier-2 and peripheral areas of Tier-1 cities with metro rail systems at a much lower cost with the same experience, convenience and safety.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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