MCQ
Rail freight licensing MCQ - Practice Questions with Answers
Solve 1 Rail freight licensing questions for RAS/RPSC preparation.
Practice questions
Q1Consider the following statements about the new all-India licensing system for container train operators: 1. Every new applicant must pay a refundable registration fee of ₹25 crore. 2. A permission may be extended for another 20 years on satisfactory performance without an extension fee. Which of the statements given above is/are correct?
Explanation
Statement 1 is incorrect because the uniform ₹25 crore registration fee is non-refundable. Statement 2 is correct: permission can be extended for another 20 years on application and satisfactory performance, with no extension fee.
You've seen 1 of 1 sample questions
Unlimited practice on Rail freight licensing comes with the RAS Test Series + Practice pack or Gate Pass.
More topics in Indian Economy
Monetary & Fiscal PolicyEconomic Growth & Sustainable DevelopmentIndustrial Growth & Economic ReformsService Sector, Energy & TransportAgricultural DevelopmentSkill Development & Social JusticeMeasurement of Development & HDIFiscal Federalism & Finance CommissionBilateral TradePower SectorStatistical System of IndiaCentralised Payment SystemPublic FinanceAtal Pension YojanaDigital GovernancePayment SystemsFinancial MarketsSocial Security SchemesIndustrial PolicyGST AdministrationGDP and Growth ForecastsSEBI and Capital MarketsCustoms TariffInsurance & Maritime TradeVenture CapitalRural EmploymentForeign Trade and Balance of PaymentsInternational OrganizationsTrade AgreementsInflation and GrowthStartup India FundingExternal SectorInflation StatisticsEnergy SecurityCredit GuaranteeFood SecurityAgricultural ProcurementMacroeconomic IndicatorsStartup EcosystemTransport InfrastructureCivil Aviation MinistryPower and Energy DemandRoDTEP SchemeInfrastructureProduction Linked IncentiveAviation SectorMiningRoDTEP Export SchemeAgriculture MarketsAgricultural MarketingAgricultural PricingEnergy InfrastructureNational AccountsDirect TaxesEnergyMining Sector ReformHighway TollingFertiliser SecurityElectronic Toll CollectionLabour Force ParticipationEconomyFree Trade AgreementsFree Trade AgreementNITI Aayog Trade Watch QuarterlyDigital PaymentsGDP EstimatesTextile ExportsGender StatisticsMerchandise Trade CompositionEconomic Concepts and Indian EconomyEnergy DemandGeneral Knowledgeupsc-p1-economy-inflationPoverty, unemployment, inflation and inclusive growthPublic finance: budget, taxation, GST and fiscal policyPoverty, unemployment and inflationupsc-p1-economy-money-rbi-monetary-policyPublic finance: budget, taxation and GSTMoney, banking and the financial system (RBI)Money, banking and the financial system (RBI, monetary policy)upsc-p1-economy-external-sector-bopupsc-p1-economy-banking-systemupsc-p1-economy-basics-national-incomeupsc-p1-economy-planning-niti-aayogupsc-p1-economy-intl-economic-institutionsupsc-p1-economy-international-trade-wtoupsc-p1-economy-financial-markets-sebiupsc-p1-economy-agriculture-economicsupsc-p1-economy-digital-fintechupsc-p1-economy-reforms-lpgupsc-p1-economy-taxation-gstupsc-p1-economy-inclusive-growthupsc-p1-economy-foreign-investment-fdiupsc-p1-economy-fiscal-policy-budgetIndian RailwaysInflationupsc-p1-economy-industry-msmeRajasthan GKInternational Tradeupsc-p1-geography-india-transportupsc-p1-economy-demographics-hdiupsc-p1-economy-employment-labourStartupsupsc-p1-current-affairs-economy-budget-surveyShip Recyclingupsc-p1-economy-infrastructure-pppGreen RevolutionTourismSteel Sectorupsc-p1-geography-world-agriculture-economicupsc-p1-economy-poverty-unemploymentupsc-p1-geography-india-industriesPlanning CommissionMSMEQuality Control OrdersAgriculture PolicyPension and Social SecurityCoal ProductionIndia PostBanking and FinanceIndia TradeIndian EconomyHandloom / IIHT Sutra 2026Agricultural PolicyContainer Manufacturing Assistance SchemeRural DevelopmentEleventh Five Year PlanPSU MergersPMAY-UrbanFCV tobacco marketIndustrial classificationContainer Train LicensingAgricultural revolutionsDigital FinanceFertilizers/Green UreaInvestment Friendliness IndexCooperativesTextilesTobacco Board reviewUPI chargesKolkata MetroCritical MineralsNITI AayogUnincorporated SectorLogisticsHorticultureVariable Rate Repo AuctionCBDC-based welfare transfersWindfall TaxeSaras and DAY-NRLMroadsupsc-p1-current-affairs-art-culture-heritageupsc-p1-current-affairs-reports-indicesupsc-p1-economy-govt-schemes-programmesupsc-p1-economy-public-finance-fcForeign Investmentupsc-p1-geography-india-agricultureForeign TradeDefence ProductionPFRDA and Pension ReformTaxation and Capital MarketsTrade and ReportsTypes of government budgetUPI institutional frameworkUPI transaction trendsUdyam RegistrationUnified Payments InterfaceUnion Budget 2024-25: fiscal deficitUnion Budget reformsUnion tax revenueUrban Cooperative BanksVariable Rate RepoWealth Tax in IndiaWhite RevolutioniFMSupsc-p1-current-affairs-science-tech-newsupsc-p1-economy-sustainable-development-sdgupsc-p1-environment-agriculture-environmentupsc-p1-environment-sustainable-developmentupsc-p1-geography-economic-resource-locationupsc-p1-geography-world-minerals-industriesupsc-p1-science-tech-blockchain-quantumMGNREGA Wage PaymentMonetary PolicyAgricultural Export LogisticsAgricultural exportsAgricultural finance institutionsAgricultural income taxAgricultural missionsAgricultural price support schemesAgricultural technologyAgricultureAgriculture SchemesAgriculture and MSPAgriculture and allied sectorsAsset Reconstruction FundBank GovernanceBanking & FinanceBanking Cyber SecurityBanking and Insolvency ResolutionBanking history in IndiaBanking system healthBanking: Statutory Liquidity RatioBlue RevolutionCAG Rajasthan state financeCoal Exchange RegistrationCoal Exchange RegulationCoal Mines and EmploymentCommercial Coal MiningCommercial Coal Mining EligibilityConsumer protectionCooperative MobilityCooperative SectorCrop Area CoverageCustoms DutyDairy CooperativesDairy ProcessingDairy SectorDefence and SecurityDelayed PaymentsEconomic planning in IndiaEmployment and unemployment surveysEnergy PolicyEnergy and MiningEnergy and Power SectorEnergy securityExternal TradeFCNR(B) InflowsFRP and dealer stock capFertiliser SubsidyFertiliser supplyFinance Commission devolutionFinancial inclusion and creditFinancial institutionsFinancial sector regulatorsFiscal policy formulationFive Year PlansFive-Year PlansFood security institutionsForeign Trade Policy and export schemesForeign Trade and ExportsForeign direct investmentGI legal frameworkGI product categoriesGSTIN structureGas PricingGeographical IndicationsGobardhanGoods and Services Tax NetworkGovernment Schemes and Credit PolicyGovernment SchemesGreen SteelGreen Urea and Green HydrogenHorticulture ExportsHuman capital formationHuman development indicesIBC and Banking SectorImport protection policyIncome inequality measuresIndia Post Q1 RevenueIndia-UK CETAIndian currency notesIndian economy at independenceIndustrial CorridorsIndustrial sectorsIndustry and ManufacturingInflation and Price IndicesInternational RelationsKeynesian economicsKharif SowingKharif Sowing 2026Land PortsLiquidity Adjustment FacilityLucknow-Kanpur ExpresswayMNREGA: women reservationMSME paymentsManufacturing IncentivesMaritime SectorMineral ResourcesMinimum Support PriceMobile Phone Manufacturing SchemeMoong procurementNABARD and rural creditNICDPNarasimham CommitteeNational Food Security MissionNational Income Accounting base yearNational Shipping BoardNational Steel PolicyNew Economic Policy of IndiaOnion bufferOperation Flood and White RevolutionPFRDA NPS ReformPM Jan Dhan YojanaPM Jan Dhan Yojana benefitsPM SVANidhiPM-AASHAPayment regulationPer capita incomePostal ServicesPoverty measurementPradhan Mantri Jan Dhan YojanaPurchasing Power ParityRBI Forex Swap and FCNR(B)RBI NBFC RegulationRBI USD-INR swap facility and FCNR(B) windowRail ConnectivityRailway Budget Madhya PradeshRailway EngineeringRailway Gauge ConversionRailway InfrastructureRajasthan off-budget borrowingRegional Rural BanksReserve Bank of IndiaSAFTASEBI enforcement orderSEBI monetary directionsSTP SchemeScheme IncentivesSecurities and Exchange Board of IndiaShipping Freight OutgoSocial welfare schemesSpecial Economic ZonesState-wise STP UnitsSubsidiesSugar price measures and figuresSugarcane FRP and sugar market measuresTReDSTalabira Coal Production