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Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.
The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. That's a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But it's time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.
The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.
Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the government's coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways' losses in 1992/93, with freight traffic subsidies taking up the rest.
Freight traffic subsidy cuts should prove more easy if this year's budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.
One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.
To its credit, however, the railways have been looking around for sources of funds other than the budget.
Q. According to the author, what should the Railways do as regards freight subsidy?
  • a)
    It should introduce subsidy for more items
  • b)
    It should be very courageous
  • c)
    It should remove or reduce subsidies of more items
  • d)
    Author's views are not explicit
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Direction: Read the following passage carefully and answer the questio...
Understanding the Author's Perspective on Freight Subsidy
The author presents a clear stance regarding the management of freight subsidies by the Indian Railways. The key argument revolves around the necessity of reducing or removing subsidies on freight traffic to tackle the financial shortfall the Railways is experiencing.
Key Points Supporting Option C
- Historical Context: The passage mentions that in the 1993/94 budget, subsidies on four commodities were removed without causing price hikes or public uproar. This indicates a precedent for successfully reducing subsidies.
- Potential for More Cuts: The author suggests that given the lack of negative repercussions from previous cuts, the Railways should feel "emboldened" to pursue further subsidy reductions. This implies that the author believes it is both feasible and necessary to reduce subsidies on more freight items.
- Comparison to Passenger Subsidies: The author contrasts the ease of cutting freight subsidies with the challenges of reducing passenger subsidies, highlighting that freight subsidy cuts are more straightforward. This comparison reinforces the idea that action should be taken on freight subsidies first.
- Financial Necessity: The context of a significant financial shortfall (Rs 1000 crore) underlines the urgency for the Railways to seek alternative funding solutions. Reducing freight subsidies is presented as a viable strategy to address this shortfall.
Conclusion
In summary, the author advocates for the Indian Railways to actively pursue the removal or reduction of freight subsidies as a critical measure in responding to its financial challenges. This aligns with option 'C', as it reflects the author's belief in taking decisive action to alleviate the Railways' economic burdens.
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Community Answer
Direction: Read the following passage carefully and answer the questio...
The answer is (c) There is sufficient information in Paragraph 4 .
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Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. Which of the following has the same meaning as the word dip as it has been used in the passage.

Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q.Which of the following has the same meaning as the words tricky as it has been used in the passage?

Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q.Which of the following is true regarding the passenger fare charged by the Railways?

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Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer?
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Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC CGL. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free.
Here you can find the meaning of Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following passage carefully and answer the questions. Your answer to these questions should be based on passage only.The news that the Indian Railways are going to incur a shortfall of Rs 1000 crore in their resources generation - and will, therefore, have to seek budgetary support to that extend - will not surprise many. Thats a scenario that has been played out for years now, and the outcome, too, has been predictable - with railways budget doing is duty by doling out public money. But its time to look at the problem differently, in view of the current concerns of the government in economizing its charity and the feeling that the railways have to stand on their own legs.The Railways have, over the last few months, continued to experience a shortfall of Rs 85 crore per month, a feature that could add to their woes if it continue. Fall in expected goods traffic, in the rate per tonne and also a dip in passenger traffic have contributed to the shortfall. All these may not be new concerns for the Railways; the relevant point, however, is how the system and the government hope to tackle it.Clearly, budgetary support should be considered only in the last instance, after various measures to both reduce expenditure and raise resources have been tried out. Consider subsidies on passenger traffic --- the expenditure which really digs into the governments coffers. In fact, passenger traffic subsidy accounted for nearly 90 per cent of the railways losses in 1992/93, with freight traffic subsidies taking up the rest.Freight traffic subsidy cuts should prove more easy if this years budget exercise is any indication. Till now, sixteen commodities were subsidized. In 1993/94, budget subsidy on four commodities were removed. Prices did not rise, there was little protest and now the Railways ought to be emboldened to do more Reduction in passenger subsidies is more tricky given the dependence of such a large population, mostly poor, on the system and most governments have been reluctant to do much. In fact, passenger rates have been hiked very few times and that, too, only in recent years.One area where the Railways could do a lot more pruning is in shutting uneconomic branch lines. For instance, in 1992/93 it was found that 114 branch lines contributed a loss of Rs 121 crore.To its credit, however, the railways have been looking around for sources of funds other than the budget.Q. According to the author, what should the Railways do as regards freight subsidy?a)It should introduce subsidy for more itemsb)It should be very courageousc)It should remove or reduce subsidies of more itemsd)Authors views are not explicitCorrect answer is option 'C'. 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