BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
TRAI is the regulator of the telecommunications sector in India. In which year TRAI was established?
A
1999
B
1997
C
1998
D
1996
Explanation: 

Detailed explanation-1: -Telecom Regulatory Authority of India(TRAI) Act, 1997.

Detailed explanation-2: -The TRAI Act was amended by an ordinance, effective from 24 January 2000, establishing a Telecommunications Dispute Settlement and Appellate Tribunal (TDSAT) to take over the adjudicatory and disputes functions from TRAI.

Detailed explanation-3: -The main purpose of these two institutions established under the TRAI Act is to regulate telecommunication services, adjudicate disputes, dispose appeals and protect the interest of the service providers as well as the consumers. The Act also aims at promoting and ensuring orderly growth of the telecom sector.

There is 1 question to complete.