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Consider the following statements regarding National Highways Authority of India:
- It is a central authority to develop, maintain and manage the National Highways in India.
- It works under the Ministry of Road Transport and Highways.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regardingNational Highways Authority...
Statement 1: National Highways Authority of India is a central authority to develop, maintain and manage the National Highways in India.
Statement 2: It works under the Ministry of Road Transport and Highways.
The correct answer is option 'C' - Both 1 and 2.
Explanation:
The National Highways Authority of India (NHAI) is an autonomous agency of the Government of India, responsible for the development, maintenance, and management of National Highways in the country. Let's examine each statement in detail:
1. National Highways Authority of India is a central authority to develop, maintain and manage the National Highways in India.
The statement is correct. The NHAI was established in 1988 under the National Highways Authority of India Act, 1988. Its primary function is to develop, maintain, and manage the National Highways network in India. The NHAI is responsible for the planning, construction, operation, and maintenance of National Highways and any other highways entrusted to it by the central government.
2. It works under the Ministry of Road Transport and Highways.
The statement is correct. The NHAI operates under the administrative control of the Ministry of Road Transport and Highways (MoRTH). MoRTH is responsible for the formulation and implementation of policies and programs for the development and regulation of road transport in India. The NHAI works in close coordination with MoRTH to achieve the objectives of the National Highways development program.
In conclusion, both statements are correct. The National Highways Authority of India (NHAI) is a central authority that develops, maintains, and manages the National Highways in India. It operates under the Ministry of Road Transport and Highways (MoRTH). The NHAI plays a crucial role in the development and maintenance of the National Highways network in the country.
Statement 2: It works under the Ministry of Road Transport and Highways.
The correct answer is option 'C' - Both 1 and 2.
Explanation:
The National Highways Authority of India (NHAI) is an autonomous agency of the Government of India, responsible for the development, maintenance, and management of National Highways in the country. Let's examine each statement in detail:
1. National Highways Authority of India is a central authority to develop, maintain and manage the National Highways in India.
The statement is correct. The NHAI was established in 1988 under the National Highways Authority of India Act, 1988. Its primary function is to develop, maintain, and manage the National Highways network in India. The NHAI is responsible for the planning, construction, operation, and maintenance of National Highways and any other highways entrusted to it by the central government.
2. It works under the Ministry of Road Transport and Highways.
The statement is correct. The NHAI operates under the administrative control of the Ministry of Road Transport and Highways (MoRTH). MoRTH is responsible for the formulation and implementation of policies and programs for the development and regulation of road transport in India. The NHAI works in close coordination with MoRTH to achieve the objectives of the National Highways development program.
In conclusion, both statements are correct. The National Highways Authority of India (NHAI) is a central authority that develops, maintains, and manages the National Highways in India. It operates under the Ministry of Road Transport and Highways (MoRTH). The NHAI plays a crucial role in the development and maintenance of the National Highways network in the country.
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Community Answer
Consider the following statements regardingNational Highways Authority...
The Central government is working on a proposal to launch a fresh InvIT for national highways where domestic retail investors can hold units of the trust.
- It is collective investment scheme similar to a mutual fund, which enables direct investment of money from individual and institutional investors in infrastructure projects
- These are like mutual funds in structure which can be established as a trust and registered with Sebi.
- An InvIT has 4 parties namely; Trustee, Sponsor(s) and Investment Manager and Project Manager.
- While the trustee (certified by Sebi) has the responsibility of inspecting the performance of an InvIT, sponsor(s) are promoters of the company that set up the InvIT.
What is NHAI InvIT?
- It is the infrastructure investment trust sponsored by the National Highways Authority of India (NHAI) to support the government’s National Monetisation Pipeline (NMP).
- It is a Trust established by NHAI under the Indian Trusts Act, 1882 and SEBI (Security and Exchange Board of India) regulations.
Key facts about National Highways Authority of India
- It was constituted by an Act of Parliament in 1988 under the administrative control of the Ministry of Road Transport and Highways.
- It has been set up as a Central Authority to develop, maintain and manage the National Highways entrusted to it by the Government of India.
- The Authority consists of a full-time Chairman and not more than five full-time Members and four part-time Members who are appointed by the Central Government.
Hence both statements are correct.
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Consider the following statements regardingNational Highways Authority of India: It is acentral authoritytodevelop, maintain andmanage the National Highways in India. It works under the Ministry of Road Transport and Highways.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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