Answer: Option C
Answer: (c)
The Airports Economic Regulatory Authority (AERA) is a statutory body constituted under the Airports Economic Regulatory Authority of India Act, 2008 with its head office at Delhi.
The statutory functions of the AERA as enshrined in the Airports Economic Regulatory Authority of India Act, 2008 are as below:
To determine the tariff for the aeronautical services taking into consideration of the various expenses
To determine the amount of the Development Fees in respect of major airports.
To determine the amount of Passenger Service Fee
To monitor the set Performance Standards relating to quality, continuity and reliability of service
Airports Authority of India (AAI) was constituted by an Act of Parliament and came into being on 1st April 1995 and it is entrusted with the responsibility of creating, upgrading, maintaining and managing civil aviation infrastructure both on the ground and air space in the country.
The Directorate General of Civil Aviation (DGCA) is the regulatory body in the field of Civil Aviation, primarily dealing with safety issues. It is responsible for the regulation of air transport services to/from/within India and for enforcement of civil air regulations, air safety, and airworthiness standards.
The DGCA also coordinates all regulatory functions with the International Civil Aviation Organisation (ICAO).