New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    With reference to the Aviation Sector of India, consider

    the following statements: 1.    It is currently the world's 5th-largest civil aviation market. 2.    Over the past few years, India’s international passenger traffic had remained stagnant. Which of the statements given above is/are correct?
    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C Both 1 and 2 Correct Answer Incorrect Answer
    D Neither 1 nor 2 Correct Answer Incorrect Answer

    Solution

    India's Civil Aviation is among the fastest-growing aviation markets globally and will be a major growth engine to make India a USD 5 trillion economy by 2024. India is currently the world's 3rd-largest civil aviation market. India's domestic passenger traffic is projected to rise to 16 crores in the 2023-24 fiscal year and to 35 crores by 2029-30.

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