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With reference to the Union Budget 2021-22, consider the following statements:
1. A new scheme will be launched at a cost of `18,000 crore to support augmentation of public bus transport services.
2. Government plans to deploy two new technologies i.e. ‘MetroLite’ and ‘MetroNeo’ to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities.
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 sta...
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 `18,000 crore 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 much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities.
Budget proposed Central counterpart funding to:
  • Kochi Metro Railway Phase-II of 11.5 km at a cost of `1957.05 crore.
  • Chennai Metro Railway Phase –II of 118.9 km at a cost of `63,246 crore.
  • Bengaluru Metro Railway Project Phase 2A and 2B of 58.19 km at a cost of `14,788 crore.
  • Nagpur Metro Rail Project Phase-II and Nashik Metro at a cost of `5,976 crore and `2,092 crore respectively.
  • Hence both statements are correct.
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With reference to the Union Budget 2021-22, consider the following statements:1. A new scheme will be launched at a cost of `18,000 crore to support augmentation of public bus transport services.2. Government plans to deploy two new technologies i.e. ‘MetroLite’ and ‘MetroNeo’ to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities.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 a cost of `18,000 crore to support augmentation of public bus transport services.2. Government plans to deploy two new technologies i.e. ‘MetroLite’ and ‘MetroNeo’ to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities.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 Union Budget 2021-22, consider the following statements:1. A new scheme will be launched at a cost of `18,000 crore to support augmentation of public bus transport services.2. Government plans to deploy two new technologies i.e. ‘MetroLite’ and ‘MetroNeo’ to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities.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 Union Budget 2021-22, consider the following statements:1. A new scheme will be launched at a cost of `18,000 crore to support augmentation of public bus transport services.2. Government plans to deploy two new technologies i.e. ‘MetroLite’ and ‘MetroNeo’ to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities.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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