CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much did Airtel pay to the government towards AGR dues?
A
Rs. 5, 000 crores
B
Rs. 10, 000 crores
C
Rs. 15, 000 crores
D
Rs. 20, 000 crores
Explanation: 

Detailed explanation-1: -Airtel pays ₹8, 312 crore to government towards spectrum dues - The Hindu BusinessLine.

Detailed explanation-2: -Bharti Airtel has paid Rs 8312.4 crore to the Department of Telecom towards dues for spectrum acquired in the recently concluded 5G auctions. Bharti Airtel has paid Rs 8312.4 crore to the Department of Telecom towards dues for spectrum acquired in the recently concluded 5G auctions.

Detailed explanation-3: -The company had AGR dues worth Rs 43, 000 crore as of FY17. It has already paid Rs 18, 004 crore of this. Last December, Airtel had prepaid Rs 15, 519 crore to DoT, clearing all dues relating to airwaves bought in the 2014 sale.

Detailed explanation-4: -The government has asked Vodafone Idea’s interest on AGR dues worth Rs 16, 133 crore to be converted into equity.

Detailed explanation-5: -The Supreme Court, on Monday, had reserved its order in the AGR case wherein Vodafone Idea, Bharti Airtel and Tata Telecommunications sought rectification of errors by the Department of Telecommunications (DoT) in the calculation of the dues.

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