Questions Related to economics

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

In India, regulatory and developmental aspects of Air Transport are with _________.

  1. Department of Civil Aviation, Government of India

  2. Airports Authority of India

  3. Private Sector Companies

  4. None of the above

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

The Ministry of Civil Aviation is the nodal ministry responsible for the formulation of national policies and programs for the development and regulation of civil aviation in India.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

_________ was established in $11^{th}$ plan to safeguard interest of users & service providers at Indian Airports.

  1. AAI

  2. NACIL

  3. AERA

  4. CAEAC

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

The Airports Economic Regulatory Authority (AERA) was established in 2008 to regulate tariffs and other charges for aeronautical services at major airports.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

CAEAC stands for ____________.

  1. Civic Awareness Economic Advisory Council

  2. Civil Aviation Economic Advisory Council

  3. Corporate Ascendancy Economic Advisory Council

  4. None of the above

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

CAEAC is the acronym for the Civil Aviation Economic Advisory Council, which provides expert advice on economic matters related to the aviation sector.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

In India, Domestic and International Air Traffic is operated by ____________.

  1. government

  2. private sector

  3. both (a) and (b)

  4. neither (a) nor (b)

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

Air traffic in India is managed by a mix of government-owned entities (like Air India historically) and private sector airlines, making both sectors active participants.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

In India, Private Sector is allowed to participate in ________.

  1. domestic air traffic only

  2. international air traffic only

  3. both (a) and (b)

  4. neither (a) nor (b)

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

The Indian government liberalized the aviation sector, allowing private players to operate both domestic and international flights.