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NHAI (National Highways Authority of India) is a Government body established through?
  • a)
    Act of Parliament
  • b)
    President
  • c)
    Prime Minister
  • d)
    Lok Sabha
  • e)
    Rajya Sabha
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
NHAI (National Highways Authority of India) is a Government body estab...
Answer 1. Act of Parliament
Explanation NHAI is a Government body established through an Act of Parliament.
Moody’s Baa3 rating of NHAI is based on ensured availability of funding from Indian Government which in itself is a stable funding source.
Cess on the sale of diesel and petrol for the Central Road Fund, revenues from operating roads, toll revenues and revenue share for Public Private Partnerships (PPP) projects comprise other avenues of funding for NHAI.
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NHAI (National Highways Authority of India) is a Government body established through?a)Act of Parliamentb)Presidentc)Prime Ministerd)Lok Sabhae)Rajya SabhaCorrect answer is option 'A'. Can you explain this answer?
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