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  1. The abbreviation (TRAI) stands for
    1. Taxation Research and Analysis Institute
    2. Tourist Resort’s Agents of India
    3. Telecom Regulatory Authority of India
    4. Trade-Ralated Accounts and Indices
Correct Option: C

The Telecom Regulatory Authority of India (TRAI) is the independent regulator of the telecommunications business in India. It was established on 20 February 1997 by an act of parliament called “Telecom Regulatory Authority of India Act 1997.”



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