📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Consider the following Statements and choose the option

    with correct Statements. I- Ministry of Civil Aviation has launched Regional Connectivity Scheme - UDAN (UdeDeshkaAamNagrik) in 2016. II- The aim of the Scheme is to stimulate regional air connectivity and making air travel affordable to the masses. III- UDAN is not a market driven scheme, hence, it requires Government intervention.
    A Only I & II Correct Answer Incorrect Answer
    B II & III Correct Answer Incorrect Answer
    C Only II Correct Answer Incorrect Answer
    D I & III Correct Answer Incorrect Answer
    E I, II, & III Correct Answer Incorrect Answer

    Solution

    Ministry of Civil Aviation has launched Regional Connectivity Scheme - UDAN (UdeDeshkaAamNagrik) on 21.10.2016 to stimulate regional air connectivity and making air travel affordable to the masses. UDAN is a market driven scheme. Interested airlines based on their assessment of demand on particular routes, submit their proposals at the time of bidding under UDAN.

    Practice Next
    More Financial Management Questions

    Relevant for Exams:

    ask-question