INSIGHT UPSC QUIZ

GS History Modern India
Q.

Which of the following statements is/are correct regarding the introduction of Railways during British India?

1. Private contractors who built the railways during British were offered guaranteed return.

2. Railways were built predominantely by capital provided by Indian investors.

Select the correct answer using the code given below.

Explanation:

Statement 1 is correct. Private contractors who built the railways were offered guaranteed return of 5 per cent.

Statement 2 is not correct because it was built predominantely by British capital.

Thus, Option A is Correct.

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