Multiple choice general knowledge culture

Father of all scams. The issue came to light after the auction of airwaves for 3G services which amounted to 67,719 crore (US\$15.03 billion) to the exchequer. A report submitted by the Comptroller and Auditor General based on the money collected from 3G licenses found that the loss to the exchequer due to under pricing of the 2G spectrum was 176,379 crore (US\$39.16 billion).

  1. Government

  2. Anna Hajare-did u smile

  3. A Raja

  4. Public-did u smile
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The 2G spectrum scam involved A. Raja, the then Telecom Minister. The CAG report estimated a loss of Rs 176,379 crore due to underpricing of 2G spectrum licenses compared to the revenue from 3G auctions.

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