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Question
Road Transport V/s Rail Transport
Solution
|
Sr. No. |
Basis of Difference |
Road Transport |
Rail Transport |
|
1. |
Speed |
Road transport has limited speed due to bad road conditions, accidents, etc. |
It has considerable speed since it runs on tracks which rarely get disturbed. |
|
2. |
carrying capacity |
It has a limited carrying capacity. |
It has a huge carrying capacity. |
|
3. |
Cost of construction and maintain |
It requires limited capital investment in terms of construction of road, vehicles and their maintenance. |
The cost of construction of trains, railway tracks is high. Also the maintenance of trains, tracks and stations are high. |
|
4. |
Distance |
Recommended for a short distance. |
Recommended for both short and long-distance. |
|
5.
|
Transport charges |
Transport charges are not fixed but are high due to increased fuel prices. |
Transport charges are relatively low and are fixed according to the distance. |
|
6. |
Door to door service |
It provides door to door service. |
It does not provide door to door service. |
|
7. |
Means of transport |
It uses animal carts, motor-cycles three and four-wheelers. |
It uses passenger and goods trains. |
|
8. |
Ownership |
Ownership is in the hands of private parties. |
Ownership is in the hands of the government. |
|
9. |
Safety |
It provides limited safety to goods from sun, rain, wind, etc. |
Goods are kept in locked wagons which provides protection against sun, wind, rain, etc. |
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| a. | RBI | 1 | Recurring deposit account |
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| 6 | Salaried people | ||
| 7 | 24 hours service | ||
| 8 | Commercial bank | ||
| 9 | Cash credit | ||
| 10 | Withdrawal before fixed period of time. |
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An account holder enjoys the privileges of any number of withdrawals.
Write a word or phrase or a term which can substitute the following:
The type of insurance where the principle of indemnity is not applicable
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