1. The government provided free land to the companies involved
2. The government provided 5 percent interest on the invested amount of the companies
3. It was decided to divide the profit equally between the government and the companies
Choose the correct option from the codes given below :
Answer: 1, 2 & 3
Notes: The "Guarantee system" for Rail Network development in India was started in 1849. As per the terms the government provided free land to the companies involved. The government provided a 5 percent interest on the invested amount of the companies and it was decided to divide the profit equally between the government and the companies after paying the amount of interest.
