Correct Answer : Option (C) - 1905
* The Railway Board, responsible for overseeing the management and operations of Indian Railways, has been functioning since 1905 without statutory authority.
* This historical context is significant as the Railways (Amendment) Bill, 2024 seeks to grant it a formal legal status, consolidating provisions of the Indian Railway Board Act, 1905 into the Railways Act, 1989.
* This step aims to streamline railway governance and bring historical practices under a modern legislative framework.