According to Railway Budget 2016-17, increase in passenger fares is uline{1cm}

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

According to Railway Budget 2016-17, increase in passenger fares is _________

A	22 %
B	20 %
C	25 %
D	No Increase

Explanation:

Detailed explanation-1: -Railways are preparing a Plan size of Rs. 1, 21, 000 crore in 2016-17.

Detailed explanation-2: -The capital outlay for 2016-17 was set at ₹1.21 lakh crore (US$15 billion), a 20% increase from last year. The revenue from traffic was projected at ₹1.85 lakh crore (US$23 billion).

Detailed explanation-3: -Outlay: The total proposed outlay for 2017-18 is Rs 1, 31, 000 crore which is an 8% increase from the 2016-17 budget estimates (Rs 1, 21, 000 crore). Revenue: Railways’ revenue for 2017-18 is estimated at Rs 1, 78, 350 crore which is a 9% increase from the revised estimates of 2016-17.

Detailed explanation-4: -The Railway Minister, Suresh Prabhu, today while presenting his second railway budget promised to build 17, 000 bio-toilets on trains and additional toilets at 475 stations in this financial year.

There is 1 question to complete.