UPSC CDS I 2024 GK Paper

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Question : 78 of 120
 
Marks: +1, -0
Consider the following statements about the initial development of railways in India by the British:
1. Private financial investors for railways would get land free from the British Government in India. 
2. The investors would get a return of 5 percent on their capital from the government if they ran at a loss or secured inadequate profit.
3. The railways would be jointly managed with the government.
How many of the above statements is/are correct? 
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