please give the characteristic of railway station
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railway stations were helpful for every one because in railway station there are so many trains which help us to go home and other places
Crys111:
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Characteristics:
1. Public Utility Service:
Railways provide an essential service to the public. It being a public utility service, requires protection and investments by government.
2. Huge Investments:
The railways require huge investments for purchase of land, laying of tracks, constructing railway stations and sheds, buying automobiles, etc.
3. Privileges:
The railways require special privileges to provide efficient transport service. Railways’ require special property rights for purchase of land, construction of bridges and railway lines.
4. Special Rate Fixation:
The railways fix separate rate for passengers and goods traffic. The same rates are applicable to all persons and all areas of the country. Rail services are available to all members or the public on equal terms.
5. Non-transferability:
Once the railway lines are laid down then these tracks cannot be used for any other purpose. So railway services are non- transferable.
I hope it will become helpful to you ...
1. Public Utility Service:
Railways provide an essential service to the public. It being a public utility service, requires protection and investments by government.
2. Huge Investments:
The railways require huge investments for purchase of land, laying of tracks, constructing railway stations and sheds, buying automobiles, etc.
3. Privileges:
The railways require special privileges to provide efficient transport service. Railways’ require special property rights for purchase of land, construction of bridges and railway lines.
4. Special Rate Fixation:
The railways fix separate rate for passengers and goods traffic. The same rates are applicable to all persons and all areas of the country. Rail services are available to all members or the public on equal terms.
5. Non-transferability:
Once the railway lines are laid down then these tracks cannot be used for any other purpose. So railway services are non- transferable.
I hope it will become helpful to you ...
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