Spectrum Auction fetched GoI 1.10 lakh crore
Q. What amount of money was fetched by the government in the Spectrum auction that concluded on 25th Mar’15?- Published on 30 Mar 15a. 1 Thousand Crore
b. 1.10 Lakh Crore
c. 110 Lakh Crore
d. 1100 Crore
ANSWER: 1.10 Lakh Crore
The auction concluded today after 19 days and 115 rounds of bidding. However, 11 percent airwaves stayed unsold. The process of auction was conducted for 800 MHz, 900 Mhz, 1800 MHz and 2100 MHz covering both mobile telephony and broadband, including 4G.
