Which of the following statements with regard to construction of railways in colonial India by the British companies is /are NOT true ? 1. The companies were guaranteed a return of 5 per cent on their investment by Government of India 2. The railways were

examrobotsa's picture

Submitted by examrobotsa on

Q: 6 (CAPF/2015)

Which of the following statements with regard to construction of railways in colonial India by the British companies is /are NOT true ?
1. The companies were guaranteed a return of 5 per cent on their investment by Government of India
2. The railways were to be managed mainly by the Government
3. There was no system of preferential freight charges
4. The companies were to get the land free from the Government
Select the correct answer using the code given below:

question_subject: 

Economics

question_exam: 

CAPF

stats: 

0,26,53,27,26,18,8

keywords: 

{'railways': [1, 0, 2, 3], 'colonial india': [0, 0, 0, 2], 'british companies': [0, 0, 0, 1], 'construction': [2, 2, 4, 14], 'preferential freight charges': [0, 0, 0, 1], 'companies': [0, 0, 0, 1], 'india': [8, 1, 7, 13], 'government': [5, 0, 0, 1]}

Option 1 states that the British companies were guaranteed a return of 5% on their investment by the Government of India. This statement is true.

Option 2 states that the railways were to be managed mainly by the Government. This statement is false, as the railways were actually managed by the British companies.

Option 3 states that there was no system of preferential freight charges. This statement is true.

Option 4 states that the companies were to get the land free from the Government. This statement is false, as the companies had to purchase the land for the railways.

Therefore, the correct answer is option 2, which states that statements 2 and 3 are false. The railways were not managed mainly by the Government, and there was no system of preferential freight charges.