Multiple choice

TRAI is the regulatory authority for _____ in India.

  1. railways

  2. telecom

  3. banking

  4. secondary market

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

TRAI stands for Telecom Regulatory Authority of India, established in 1997 to regulate telecommunications services. It sets tariffs, ensures fair competition, and protects consumer interests in the telecom sector. SEBI regulates securities markets, while MTNL and BSNL are telecom service providers (not regulators).