Essential General Knowledge Questions on Indian Railways

Finance and Budget

71. Q: What is the primary source of revenue for Indian Railways?
    A: Freight services
72. Q: What is the term used for the yearly financial plan of Indian Railways?
    A: Railway Budget
73. Q: Which ministry oversees the operations of Indian Railways?
    A: Ministry of Railways
74. Q: What is the purpose of the Railway Finance Corporation (RFC)?
    A: To raise funds for Indian Railways
75. Q: Which initiative aims to reduce the operational cost of Indian Railways?
    A: Mission Zero Defect
76. Q: What does ‘operating ratio’ indicate in railway finance?
    A: The ratio of operating expenses to revenue
77. Q: What is the significance of the ‘National Rail Plan’?
    A: To create a long-term strategy for railway development
78. Q: What is the main focus of the ‘Dedicated Freight Corridor’ (DFC) project?
    A: To build dedicated freight lines to improve logistics efficiency
79. Q: What is the role of the Railway Board in Indian Railways?
    A: To oversee policy formulation and administrative control
80. Q: Which initiative aims to attract private investment in Indian Railways?
    A: Public-Private Partnership (PPP) model