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

Which of the following statements with regard to the construction of railways in colonial India by the British companies is/are NOT true? 1. The companies were guaranteed a return of 5 percent on their investment by the 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: Correct Answer 2 and 3 only

The Correct Answer is 2 and 3 only.

  • Initially, the railways were operated by private companies. Hence Statement 2 is Not True.
  • They were granted free land and given a guarantee of minimum returns on capital.
  • In the Guarantee System, any company that constructed railways in India was guaranteed a rate of interest of  5% on its capital investment. Hence Statement 1 is True.
  • This guarantee was to be honored by the East India Company which then controlled large parts of India. Hence, Statement 4 is True.
  • There was a system of preferential freight charges. Hence Statement 3 is Not True.

Related Questions

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Public opinion may be passive and false or active and real. It is claimed in theory that all governments are ultimately based on the opinion or sanction of the governed. But we find that in practice the people's rights are often trodden down and tyranny and oppression are allowed to continue. The government does it not because the people want it to do so but because they are too idle, too uneducated and too disunited or timid to oppose the govern ment. Such public opinion is passive and false and not an active verdict. But when we find people alert, intelligent and determined to let the government know their will, when they want to exercise actively their voice in the management of their country, we have an instance of true or active public opinion. True public opinion is formed by and expressed through the press, the platform, political parties and educational institutions. These have sacred duties to perform, duties on which depends the ultimate good of the entire community. The press today wields a tremendous influence, So it should support the causes and move ments and condemn the wrong one's and thus teach people to form correct opinion. A free and fair press ventilates the grievances of the public. Thus a healthy relationship develops between the people and the government through out an unbiased press. Political parties also help to create and regulate opinions. No less important part is played by the educational Institutions which train the minds of the young people who will be the citizens of tomorrow. It has been said that modern Germany and China have been made by their universities. It is necessary that the young and the growing minds should imbibe the spirit of fellow-feeling, the spirit of tolerance, the habit of compromise, and show due regard for the feelings and opinion of others without which a democratic society cannot function, let alone succeed. When there is true awakening of the people, we shall have the real and conscious public opinion. And justice will reign on earth and truly will the voice of the people be the voice of God.
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