GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Railway is an example of:
A
Private Sector
B
Public Sector
C
Secondary Sector
D
None of these
Explanation: 

Detailed explanation-1: -Railways is a public sector undertaking as it is set up and run by the Government of India. It is not owned by private individuals.

Detailed explanation-2: -Apart from its functions as the top Railway executive body for the administration, technical supervision and direction of the Railways, the Railway Board function also as a Ministry of the Government of India and exercises all the powers of Central Government in relation to the Railways.

Detailed explanation-3: -The Private Sector Investment Each of these trains will have at least 16 coaches. These private trains will be other than the already existing trains and will be deployed on routes where there is high demand than the available capacity.

There is 1 question to complete.