Q1. Anil Kumar Lahoti was appointed as the new Chairman of TRAI in 2024. What does TRAI regulate?
- (a) Railways
- (b) Airports
- (c) Telecom services
- (d) Stock Markets
Answer & solution
Answer: (c) Telecom services
TRAI stands for the Telecom Regulatory Authority of India. It was established in 1997 under the TRAI Act to regulate telecom services, protect the interests of consumers, and ensure fair competition in the telecommunications sector. Anil Kumar Lahoti was appointed as its new Chairman in 2024.
(a) Railways: Regulated by the Railway Board under the Ministry of Railways; a separate sector from telecommunications.
(b) Airports: Regulated by the Airports Authority of India (AAI) and the AERA (Airports Economic Regulatory Authority of India); not TRAI.
(d) Stock Markets: Regulated by SEBI (Securities and Exchange Board of India); not related to telecommunications.