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With reference to Dedicated Freight Corridor Corporation of India Limited (DFCCIL), consider the following statements:
1. It is the statutory body for establishing the freight corridors under the Freight Corridor Act of 2016.
2. It is administered by the Ministry of Road Transport and Highways.
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 'D'. Can you explain this answer?
Most Upvoted Answer
With reference to Dedicated Freight Corridor Corporation of India Limi...
Option D is correct: Dedicated Freight Corridor Corporation of India (DFCCIL) is a Special Purpose Vehicle set up under the administrative control of Ministry of Railways to undertake planning & development, mobilization of financial resources and construction, maintenance and operation of the Dedicated Freight Corridors. DFCCIL has been set up with 100% equity by Ministry of Railways.  The Ministry of Railways, under the direction of the Indian Government, had taken up the dedicated freight corridor (DFC) project. The project involves the construction of six freight corridors traversing the entire country. The purpose of the project is to provide a safe and efficient freight transportation system.
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With reference to Dedicated Freight Corridor Corporation of India Limited (DFCCIL), consider the following statements:1. It is the statutory body for establishing the freight corridors under the Freight Corridor Act of 2016.2. It is administered by the Ministry of Road Transport and Highways.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 'D'. Can you explain this answer?
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