GATE 2025 AR — Planning – Question 53
Under the 2013 land-acquisition compensation and resettlement Act, who determines what value for acquisition compensation?
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Correct answer: (A) Collector; market value
Explanation
The Collector determines market value under the statutory valuation provisions, A. Relevant reference values and transaction evidence inform that determination; circle rate is an input or benchmark rather than a replacement for the statutory market-value concept. The final compensation calculation may include further statutory factors.