Which of the following statements is/are correct with reference to the Airports Economic Regulatory Authority of India Bill 2021?
A. Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 got approval of both houses of Parliament.
B. It seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. The 2008 Act established the Airport Economic Regulatory Authority (AERA).
C. Both A & B
D. None of these
Explanation:
Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 got approval of both houses of Parliament. It seeks to amend the Airports Economic Regulatory Authority of India Act, 2008. The 2008 Act established the Airport Economic Regulatory Authority (AERA). AERA regulates tariffs and other charges (such as airport development fees) for aeronautical services rendered at major airports in India.
