New Click here to Enroll in NaBFID Analyst Intro Class on May 6

    Question

    Recently Ministry of Railways has increase it which of

    the following registration charges for all goods after increasing the charges of wheat and iron ore to curb exports?
    A Fare Correct Answer Incorrect Answer
    B Track Correct Answer Incorrect Answer
    C Wagon Correct Answer Incorrect Answer
    D Demand Correct Answer Incorrect Answer
    E Export Correct Answer Incorrect Answer

    Solution

    Ministry of Railways has now made a fourfold increase in the charges for all goods months after it hiked wagon registration charges of wheat and iron ore to curb exports. The registration charges to book a wagon have been revised to Rs 6,000 per wagon, as against Rs 1,500 earlier. Moreover, the charge for booking an entire rake, or goods train, has been revised to Rs 100,000 from the earlier Rs 50,000. The wagon registration fee is a subset of total freight charges and the hikes will not have any significant impact on the overall freight rates. The new policy is only to ensure that non-serious transporters don’t choke the wagon supply by booking more than they need.

    Practice Next