Which of the following statements with regard to construction of railways in colonial India by the B...........

Indian Freedom Struggle (1857-1947) History

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% on their investment by Government of India.

2. The railways were to be managed mainly by the Government.'

3. There was no system bf preferential freight charges.

4. The companies were to get the land free from the Government.

Select the correct answer using the code given below.

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Explanation:

First of all India was the colony of British.British looked to India as a source of raw materials. So to carry these raw materials to port ,they needed some kind of communication.Railway was the best way forward.Secondly railway was developed as a source of profit for Britist capital class.They were promised of the 5% return for their investment.Railway acted as source of oppression by reaching to large number of people.Railway even acted as a pacifier in the event of rebellion so that soldiers can be reached at the trouble site within short time.Apart from these negatives there were some positives as Railway acted a source of unification for the people of India as many people could travel to remote places.