BNT 20502: Quiz 1

'Rail Industry' can be defined as.....

• Activities that contribute to the construction, operation, maintenance, and disposal of rail related vehicle (passenger and cargo)

• Activities that contribute to the design and development, construction, operation, and disposal of rail related vehicle (passenger and cargo)

• Activities that contribute to the design and development, operation, maintenance, and disposal of rail related vehicle (passenger and cargo)

• Activities that contribute to the design and development, construction, operation, maintenance, and disposal of rail related vehicle (passenger and cargo)

What is the fundamental innovations in the development of transportation?

• Wheel, Navigation, Teleport, Automobile, Airplane

• Navigation, Wheel, Railway, Automobile, Airplane

• Airplane, Navigation, Submarines, Locomotives, Cruise

• Wheel, Navigation, Railway, Rockets, Airplane

Arrange the evolution of railways from the latest to the oldest.

• Steam Locomotive, Diesel Locomotive, Electric Locomotive, High Speed Rail

• High Speed Rail, Diesel Locomotive, Electric Locomotive, Steam Locomotive

• High Speed Rail, Electric Locomotive, Diesel Locomotive, Steam Locomotive

• Steam Locomotive, Electric Locomotive, Diesel Locomotive, High Speed Rail

The railway organization evolution starts from...

• Privatization > Government body > State Administration > Small private enterprises

• Small private enterprises > State Administration > Government body > Privatization

• Small private enterprises > Government body > State Administration > Privatization

• Government body > State Administration > Small private enterprises > Privatization

The development of local rail industry faces several challenges such as..... (ANSWERS CAN BE MORE THAN 1)

• Politics

• Human Capital

• Economy

• Policy & Regulation

• Environment

Railway inherit serious handicaps as a results of decades state protectionism, such as.....

• Administration & organization flexibility

• Staff shortages in technical matters

• High costs due to modern operating methods and staff overcrowding

• High costs due to obsolete operating methods and staff overcrowding

What are the benefits of railway privatization/enterprise?

• Government financial support

• Efficient and better structure of administration

• More political interference

• High profit business

The asset owners will face difficulty in maintaining the railway structure if there is

• Empty rolling stocks

• High traffic of passengers

• No separation of infrastructure from operation

• Less discount fare for the society

Railways contribute to the development of both transport and the economy, since the

• Have huge transport capacity and provide integrate
• Relieve congestion and consume high energy

• Helps in quick movement of goods from one place to another with no fare discount for students and elders

• Facilitate short distance travel and transport of bulky goods

In trade liberalization,

• The real ruler should be the market forces and the state interfere in economic affairs

• There are more government regulations and restrictions

• The state does not interfere in economic affairs a
• More barriers will be added to reduce the costs of goods sold in importing countries