Which of the following statements with regard to construction of railways in colonial India by the British companies is /are NOT true? 1. The companies were guaranteed a return of 5 per cent on their investment by Government of India 2. The railways were to be managed mainly by the Government 3. There was no system of preferential freight charges 4. The companies were to get the land free from the Government Select the correct answer using the code given below :

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Which of the following statements with regard to construction of railways in colonial India by the British companies is …

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