CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much does the Central government plan to raise from airwaves auction in 2019?
A
Rs 7.54 trillion rupees
B
Rs 6.25 trillion rupees
C
Rs 5.83 trillion rupees
D
Rs 4.31 trillion rupees
Explanation: 

Detailed explanation-1: -The price of the spectrum increased by more than 44.8 per cent over the base price of Rs 18.65 crore per block (each block of 0.2 MHz).

Detailed explanation-2: -2012 auction: 2G Spectrum, Rs 9,400 crore No bids were received for the pan-India spectrum, which cost Rs 14,000 crore.

Detailed explanation-3: -In March 2015, the spectrum auction fetched the government Rs 1,10,000 crore, and in December 2016 the spectrum auction brought in Rs 65,789 crore to the public exchequer.

Detailed explanation-4: -Apart from that, the spectrum is pretty expensive. Just to give you a figure that Counterpoint Research shared - In India, per MHz of 5G spectrum is costing around Rs 317 crore to the telcos.

There is 1 question to complete.