Consider the following statements regarding 39 Rail Development authority 39 1 It will work un...........

Geography Transport

Consider the following statements regarding 'Rail Development authority'

1. It will work under Finance ministry.

2. It will be mandated to set passenger and freight tariff.

Which of the given above statement (s) is/ are correct?

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Ministry of Railways Prepares Concept Paper On Rail Development Authority of India

The Authority will undertake four key functions:

The Authority can initially be set up through an executive order and can be subsequently strengthen through a legislation process.

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