2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs.23 lakh
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Rs.25 lakh
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Rs.27 lakh
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Rs.29 lakh
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Detailed explanation-1: -KSRTC’s debt service commitments were about 4% of total income during FY21-FY22. And it is likely to be at about INR1,180 million during FY23-FY24.
Detailed explanation-2: -KSRTC’s income per day is Rs 4.39 crore but the expenditure amounts to Rs 8.76 crore. These costs include pensions and salaries. The daily loss of KSRTC is Rs 4.37 crore.
Detailed explanation-3: -Bengaluru: The Karnataka State Road Transport (KSRTC), which suffered losses previous year, has made a turnaround and recorded a profit of ‘10.29 crore.
Detailed explanation-4: -Karnataka RTC, which was once in loss, is now marching towards profit due to key tweaks in the way of its operations. Also, Karnataka RTC is the top revenue grabber public transportation service provider among the south Indian states. In fact, the town-to-town services are the major contributors to the revenue.