Consider the following statements about Operating Ratio in Indian Railways:
1)The higher the operating ratio of Indian Railways the better is the condition of Indian Railways.
2)Operating ratio of Indian Railways is high on account of social service obligation imposed in Budget.
Which of the above statements is/are correct?

A. 1 Only

B. 2 Only

C. Both 1 & 2

D. Neither 1 nor 2

Answer: Option B

Solution(By Examveda Team)

Operating ratio of Indian Railways is high on account of social service obligation imposed in Budget.