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    Question

    What happens to the undertakings of the International

    Airports Authority and the National Airports Authority on the appointed day, as per the Airports Authority of India Act?
    A The undertakings are dissolved Correct Answer Incorrect Answer
    B The undertakings are privatized Correct Answer Incorrect Answer
    C The undertakings are merged into a new entity Correct Answer Incorrect Answer
    D The undertakings are transferred to the Authority constituted under section 3 Correct Answer Incorrect Answer

    Solution

    The undertakings are transferred to the Authority constituted under section 3, Explanation: Section 13.   Undertakings of the International Airports Authority and the National Airports Authority to vest in the Authority: (1) On and from the appointed day, there shall be transferred to, and vest in, the Authority constituted under section 3, the undertakings of the International Airports Authority and the National Airports Authority.

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