Banking Sample Paper IBPS PO (Main) Sample Test Paper-3

  • question_answer
    Statement: Now senior citizens will have the option to avail either the full concession provided to them on rail tickets or half of it. The new system will be operationalized shortly after upgrading the ticketing software. The Railways bears 43 per cent of the cost of train fare. Which of the following statements, if true, would tend to STRENGTHEN the argument?

    A)  Railways will lose out the percentage of people travelling.

    B)  Railways will minimize its loss incurred on the senior-segment section in the country.

    C)  Senior citizens will not give up the subsidy as one-third of population is that of senior citizens in the country.

    D)  Fare of the Indian Railways is quite less compared to that in other parts of the world.

    E)  Railway is the most convenient mode of transport used by the Indian citizen.

    Correct Answer: B

    Solution :

    Since Railways earns very less revenue from the passenger segment, the giving up of subsidy will help it minimize its loss incurred on the segment.


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