UPSC Exam > UPSC Questions > With reference to the privatization of Indian...
Start Learning for Free
With reference to the privatization of Indian Railways, consider the following statements:
1. The FDI Policy permits 100% FDI in the railway's infrastructure sector.
2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.
Which of the statements given above is/are correct?
1. The FDI Policy permits 100% FDI in the railway's infrastructure sector.
2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.
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?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
With reference to the privatization of Indian Railways, consider the f...
Privatization of Indian Railways
Statement 1: The FDI Policy permits 100% FDI in the railways infrastructure sector.
The statement is correct. The Indian government has allowed 100% Foreign Direct Investment (FDI) in the railways infrastructure sector. This move was initiated to attract foreign investment and promote the modernization and development of the Indian Railways. The FDI policy permits foreign companies to invest in railway infrastructure projects such as high-speed tracks, modernization of existing railway stations, construction of new railway lines, and the development of railway-related facilities.
Statement 2: Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.
The statement is correct. Tejas Express, a luxurious semi-high-speed train, became the first passenger train to be operated by an entity other than Indian Railways. The train is operated by the Indian Railway Catering and Tourism Corporation (IRCTC), which is a subsidiary of Indian Railways. The introduction of Tejas Express is part of the government's initiative to involve private entities in the operation of trains to improve passenger services and enhance the efficiency of the railway system.
Explanation:
The privatization of Indian Railways is a step towards modernization and improving the efficiency of the railway system in India. It aims to attract private investment, introduce new technologies, and provide better services to passengers.
The government has allowed 100% FDI in the railways infrastructure sector to encourage foreign companies to invest in railway projects. This decision will not only bring in much-needed capital but also help in the implementation of advanced technologies and expertise in the sector.
Tejas Express, a semi-high-speed train, is the first passenger train to be operated by a non-railway entity. The IRCTC, a subsidiary of Indian Railways, is responsible for the operation of this train. This move is a part of the government's plan to involve private entities in the operation of trains to improve services and provide a better travel experience for passengers.
Overall, the privatization of Indian Railways and the allowance of 100% FDI in the railways infrastructure sector are steps in the right direction to modernize and improve the efficiency of the railway system in India.
Statement 1: The FDI Policy permits 100% FDI in the railways infrastructure sector.
The statement is correct. The Indian government has allowed 100% Foreign Direct Investment (FDI) in the railways infrastructure sector. This move was initiated to attract foreign investment and promote the modernization and development of the Indian Railways. The FDI policy permits foreign companies to invest in railway infrastructure projects such as high-speed tracks, modernization of existing railway stations, construction of new railway lines, and the development of railway-related facilities.
Statement 2: Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.
The statement is correct. Tejas Express, a luxurious semi-high-speed train, became the first passenger train to be operated by an entity other than Indian Railways. The train is operated by the Indian Railway Catering and Tourism Corporation (IRCTC), which is a subsidiary of Indian Railways. The introduction of Tejas Express is part of the government's initiative to involve private entities in the operation of trains to improve passenger services and enhance the efficiency of the railway system.
Explanation:
The privatization of Indian Railways is a step towards modernization and improving the efficiency of the railway system in India. It aims to attract private investment, introduce new technologies, and provide better services to passengers.
The government has allowed 100% FDI in the railways infrastructure sector to encourage foreign companies to invest in railway projects. This decision will not only bring in much-needed capital but also help in the implementation of advanced technologies and expertise in the sector.
Tejas Express, a semi-high-speed train, is the first passenger train to be operated by a non-railway entity. The IRCTC, a subsidiary of Indian Railways, is responsible for the operation of this train. This move is a part of the government's plan to involve private entities in the operation of trains to improve services and provide a better travel experience for passengers.
Overall, the privatization of Indian Railways and the allowance of 100% FDI in the railways infrastructure sector are steps in the right direction to modernize and improve the efficiency of the railway system in India.
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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?
Question Description
With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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 UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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 UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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?.
With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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 UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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 UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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?.
Solutions for With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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? defined & explained in the simplest way possible. Besides giving the explanation of
With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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?, a detailed solution for With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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? has been provided alongside types of With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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? theory, EduRev gives you an
ample number of questions to practice With reference to the privatization of Indian Railways, consider the following statements:1. The FDI Policy permits 100% FDI in the railways infrastructure sector.2. Recently, Tejas Express became the first passenger train to be run by an entity other than Indian Railways.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? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup