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Seoul Metro Wiki2Web Clarity Challenge

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Study Guide: Seoul Metro: Operations, Finances, and Infrastructure

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Seoul Metro: Operations, Finances, and Infrastructure Study Guide

Seoul Metro Overview & Governance

Seoul Metro, officially known as Seoul Transportation Corporation, is a privately-owned entity primarily responsible for operating subway lines 1 through 9.

Answer: False

Explanation: Seoul Metro is a municipal-owned corporation, not privately-owned, and is controlled by the Seoul Metropolitan Government.

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The establishment of Seoul Transportation Corporation on May 31, 2017, resulted from the merger of Seoul Metro Corporation and Seoul Metropolitan Rapid Transit Corporation, aiming to enhance operational efficiency across subway lines 1 through 9.

Answer: True

Explanation: Seoul Transportation Corporation was indeed formed on May 31, 2017, through the consolidation of Seoul Metro Corporation and Seoul Metropolitan Rapid Transit Corporation, with the stated goal of more efficiently operating the subway system.

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Baek Ho serves as the Chief Executive Officer of Seoul Metro, and the corporation's headquarters is situated in the Gangnam District of Seoul.

Answer: False

Explanation: While Baek Ho is the Chief Executive Officer, Seoul Metro's headquarters is located in the Seongdong District, not the Gangnam District.

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What is the complete official designation of the corporation widely recognized as Seoul Metro?

Answer: Seoul Transportation Corporation

Explanation: The full official name of the corporation commonly known as Seoul Metro is Seoul Transportation Corporation.

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Who currently holds the position of Chief Executive Officer for Seoul Metro?

Answer: Baek Ho

Explanation: Baek Ho is identified as the current Chief Executive Officer of Seoul Metro.

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By which entity is Seoul Metro primarily owned?

Answer: Seoul Metropolitan Government

Explanation: Seoul Metro is a municipal-owned corporation, with ownership vested in the Seoul Metropolitan Government.

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In the context of the Seoul Metropolitan Government, what specific assets does Seoul Metro control?

Answer: The railways and stations owned by the Seoul Metropolitan Government.

Explanation: Seoul Metro controls the railways and stations that are owned by the Seoul Metropolitan Government.

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Financial Performance & Challenges

In the fiscal year 2023, Seoul Metro reported a net income of KRW -5172.8 hundred million, signifying a net loss for the period.

Answer: True

Explanation: Seoul Metro's financial statements for 2023 indeed show a net income of KRW -5172.8 hundred million, confirming a net loss.

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A notable financial challenge for Seoul Metro stems from the public policy granting free subway access to seniors aged 70 and over, which significantly contributes to its operational deficit.

Answer: False

Explanation: The policy in question grants free subway access to seniors aged 65 and over, not 70 and over, which is a key factor contributing to Seoul Metro's financial deficit.

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Since 2020, Seoul Metro has incurred an accumulated net loss of 14 trillion won, primarily driven by an approximate annual net loss of 1 trillion won.

Answer: True

Explanation: The financial data indicates that Seoul Metro has experienced an annual net loss of approximately 1 trillion won since 2020, leading to a cumulative net loss of 14 trillion won.

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The Korea Railroad Corporation (Korail) is reported to be experiencing financial challenges analogous to those faced by Seoul Metro.

Answer: True

Explanation: The source indicates that the Korea Railroad Corporation (Korail) is indeed facing a financial problem similar to that of Seoul Metro.

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What was the reported total revenue for Seoul Metro in the fiscal year 2023?

Answer: KRW 1.8707 trillion

Explanation: In 2023, Seoul Metro's total revenue was KRW 1.8707 trillion.

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According to the provided information, which of the following represents a significant financial challenge for Seoul Metro?

Answer: Policy allowing seniors aged 65 and over to ride for free.

Explanation: The policy allowing seniors aged 65 and over to ride for free is explicitly stated as a significant financial challenge contributing to Seoul Metro's deficit.

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What is the accumulated net loss incurred by Seoul Metro since 2020?

Answer: 14 trillion won

Explanation: Since 2020, Seoul Metro has accumulated a total net loss of 14 trillion won.

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What was Seoul Metro's reported operating income for the fiscal year 2023?

Answer: KRW -8452.01 hundred million

Explanation: Seoul Metro's operating income in 2023 was KRW -8452.01 hundred million, indicating an operational loss.

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What impact are demographic trends, specifically a declining birthrate and an aging population, projected to have on Seoul Metro's financial stability?

Answer: Further worsen public finances, leading to discussions about raising the age limit for free passes.

Explanation: A declining birthrate and an aging population are expected to further exacerbate Seoul Metro's public finances, potentially leading to discussions about increasing the age limit for free passes.

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Which other South Korean railway corporation is identified as encountering a financial challenge comparable to that of Seoul Metro?

Answer: The Korea Railroad Corporation (Korail)

Explanation: The Korea Railroad Corporation (Korail) is noted to be experiencing a financial problem similar to that of Seoul Metro.

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Subway Line Operations & Characteristics

Seoul Metro maintains full operational control over subway lines 2, 5, 6, 7, 8, and 9, while providing partial service and through-operation with Korail on lines 1, 3, and 4.

Answer: True

Explanation: Seoul Metro is indeed the sole operator for lines 2, 5, 6, 7, 8, and 9, and it shares operational responsibilities with Korail for lines 1, 3, and 4, facilitating through-operation.

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The segment of Seoul Subway Line 1 under Seoul Metro's direct control extends from Cheongnyangni station to Yongsan station, comprising 10 stations.

Answer: False

Explanation: The Seoul Metro-controlled section of Line 1 runs from Cheongnyangni station to Seoul station, not Yongsan station, and includes 10 stations.

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The comprehensive service operation length for Seoul Subway Line 1 spans 200.6 kilometers, encompassing 97 stations.

Answer: True

Explanation: The total service operation length for Seoul Subway Line 1 is 200.6 kilometers, serving 97 stations, as indicated by the operational data.

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Seoul Subway Line 2 features a total length of 60.2 kilometers and incorporates 51 stations.

Answer: True

Explanation: Seoul Subway Line 2 is accurately described as having a total length of 60.2 kilometers and comprising 51 stations.

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The Seoul Metro-managed segment of Line 3 extends from Jichuk station to Ogeum station, encompassing 34 stations and a total length of 38.2 kilometers.

Answer: True

Explanation: The Seoul Metro-controlled section of Line 3 indeed operates from Jichuk station to Ogeum station, covering 34 stations and 38.2 kilometers.

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In terms of service operation, Seoul Subway Line 3 extends from Daehwa station to Suseo station, serving 44 stations.

Answer: False

Explanation: For service operation, Seoul Subway Line 3 runs from Daehwa station to Ogeum station, not Suseo station, and serves 44 stations.

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The Seoul Metro-controlled segment of Line 4 operates from Danggogae station to Sadang station, encompassing 26 stations and a length of 31.7 kilometers.

Answer: False

Explanation: The Seoul Metro-controlled section of Line 4 runs from Danggogae station to Namtaeryeong station, not Sadang station, covering 26 stations and 31.7 kilometers.

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Seoul Subway Line 5 spans a total length of 63.0 kilometers and serves 57 stations, with its route extending from Banghwa station to either Hanam Geomdansan or Macheon stations.

Answer: True

Explanation: Seoul Subway Line 5 is accurately described as having a total length of 63.0 kilometers, serving 57 stations, and running from Banghwa station to Hanam Geomdansan or Macheon stations.

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Seoul Subway Line 6 operates from Eungam station to Sinnae station, encompassing 39 stations and a total length of 36.4 kilometers.

Answer: True

Explanation: Seoul Subway Line 6 indeed runs from Eungam station to Sinnae station, covering 39 stations with a total length of 36.4 kilometers.

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The Seoul Metro-controlled segment of Line 7 extends from Jangam station to Onsu station, encompassing 41 stations and a total length of 46.9 kilometers.

Answer: True

Explanation: The Seoul Metro-controlled section of Line 7 is accurately described as running from Jangam station to Onsu station, covering 41 stations and a total length of 46.9 kilometers.

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Seoul Subway Line 8 operates from Amsa station to Moran station, serving 17 stations and spanning a total length of 17.7 kilometers.

Answer: True

Explanation: Seoul Subway Line 8 is correctly stated to run from Amsa station to Moran station, serving 17 stations with a total length of 17.7 kilometers.

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Among the following, which subway line is fully operated by Seoul Metro?

Answer: Line 5

Explanation: Seoul Metro fully operates subway lines 2, 5, 6, 7, 8, and 9. Line 5 is among these.

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What is the total length of the Seoul Subway Line 1 segment directly controlled by Seoul Metro?

Answer: 7.8 kilometers

Explanation: The Seoul Metro-controlled section of Line 1 has a total length of 7.8 kilometers.

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How many stations are encompassed within Seoul Subway Line 2?

Answer: 51 stations

Explanation: Seoul Subway Line 2 comprises 51 stations.

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What is the total operational length of Seoul Subway Line 7?

Answer: 60.1 kilometers

Explanation: The total length of the service operation for Seoul Subway Line 7 is 60.1 kilometers.

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For the service operation of Seoul Subway Line 4, what are its designated starting and ending stations?

Answer: Jinjeop or Danggogae to Sadang or Oido

Explanation: Seoul Subway Line 4's service operation runs from Jinjeop or Danggogae stations to Sadang or Oido stations.

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Maintenance Depots & Rolling Stock

The Gimpo Depot is designated for Seoul Subway Line 9, and it also provides heavy maintenance for Line 7.

Answer: False

Explanation: While the Gimpo Depot is designated for Seoul Subway Line 9, it does not provide heavy maintenance for Line 7. Dobong Depot provides heavy maintenance for Line 6, and Godeok Depot provides heavy maintenance for Line 8.

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The Gunja Depot is utilized for the maintenance of Seoul Subway Lines 1 and 2, whereas the Sinjeong Depot is exclusively designated for Line 2.

Answer: True

Explanation: The Gunja Depot serves both Line 1 and Line 2 for maintenance, and the Sinjeong Depot is indeed specifically for Line 2.

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The 1000 series (I) and 2000 series (I) are classified as current or active rolling stock series utilized by Seoul Metro.

Answer: False

Explanation: The 1000 series (I) and 2000 series (I) are listed as retired or withdrawn rolling stock series, not current or active ones. The current active series include the 1000 series (II) and 2000 series (II).

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Which maintenance depot is responsible for providing heavy maintenance services for Seoul Subway Line 4?

Answer: Jichuk Depot

Explanation: The Jichuk Depot provides heavy maintenance for Seoul Subway Line 4.

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Among the following, which rolling stock series is categorized as retired or withdrawn from service by Seoul Metro?

Answer: 3000 series (I)

Explanation: The 3000 series (I) is listed among the retired or withdrawn rolling stock series previously used by Seoul Metro.

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Which maintenance depot is specifically designated for Seoul Subway Line 6?

Answer: Sinnae Depot

Explanation: The Sinnae Depot is designated for Seoul Subway Line 6.

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Which maintenance depots are designated to serve Seoul Subway Line 5?

Answer: Godeok Depot and Banghwa Depot

Explanation: The Godeok Depot and Banghwa Depot are designated to serve Seoul Subway Line 5.

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Organizational Affiliations

Seoul Metro holds membership in the Community of Metros benchmarking organization, which lists it under the European region.

Answer: False

Explanation: Seoul Metro is a member of the Community of Metros (CoMET) benchmarking organization, but it is listed under the Asia region, not the European region.

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Seoul Metro holds membership in which international benchmarking organization for metropolitan rail systems?

Answer: Community of Metros (CoMET)

Explanation: Seoul Metro is a member of the Community of Metros (CoMET) benchmarking organization.

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