Which one of the following airports in India is the first to be owned by public limited company?
A
Dambolin Airport, Goa
B
Cochin Airport
C
Hyderabad Airport
D
Bangalore Airport
Correct Answer: Option B
Explanation
1. The question asks which airport in India was the first to be owned by a public limited company.
2. Cochin International Airport (CIAL), located in Nedumbassery, Kerala, holds this distinction.
3. It was incorporated as a public limited company (Cochin International Airport Limited) in 1994 and built with public-private partnership, a novel model for airports in India at the time. It became operational in 1999.