Indian Railways, SHG - GS questions based on daily current affairs

1)   Which of the following is correctly matched amount of Insurance as per the Optional Travel Insurance Scheme for Railway Passengers?

1) In case of Death- Rs. 15 lakh
2) Permanent Total Disability – Rs. 10 Lakh
3) Transportation of mortal remains – Rs. 10 Thousand

a. 2, 3
b. 1, 2
c. 1, 3
d. All of the above
Answer  Explanation 

ANSWER: 2, 3

The amount of compensation to be given to passengers are as follows -

  • In case of Death- Rs.10 lakh
  • Permanent Total Disability – Rs. 10 Lakh
  • Permanent Partial Disability – Rs.7.5 Lakh
  • Hospitalization Expenses for Injury – Rs.2 Lakh &
  • Transportation of mortal remains – Rs.10 Thousand

2)   Which of the following is/are true regarding Insurance Cover for Railway Passengers?

1) It is only for passengers booking tickets through IRCTC website i.e. e-ticket.
2) The objective behind the scheme is to maximize compensation to the passengers.

a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2
Answer  Explanation 

ANSWER: Both 1 and 2


  • An Optional Travel Insurance Scheme on a pilot basis for one year has been launched w.e.f 01/09/2016 for the railway passengers who book e-ticket through official website of Indian Railway Catering & Tourism Corporation (IRCTC).
  • Under the scheme reserved passengers who expire or are disabled permanently or partially due to train accident and untoward incidents during train journey will be entitled to sum assured as per the details given below.
  • The objective behind the scheme is to maximize compensation to the passengers for the loss caused to them by train accident and untoward incidents.

3)   Underinvestment in Indian Railways has led to

1) Congestion
2) Strained Capacity
3) Poor Services
4) Weak financial health of railways
5) Below potential contribution to economic growth

a. 2, 3, 4, 5
b. 1, 2, 3, 4
c. 2, 3, 4
d. All of the Above
Answer  Explanation 

ANSWER: All of the Above

This has effectively led to railways ceding significant share in passenger and especially freight traffic to the road sector. Conceptually, there is a strong case for channeling resources to transport infrastructure in India given the widely known spillover effects of transport networks to link markets, reduce a variety of costs, boost agglomeration economies, and improve the competitiveness of the economy, especially manufacturing which tends to be logistics-intensive.