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Which spectrum auction method allows bidders to bid on multiple frequency blocks simultaneously?
- Sealed Bid
- English Auction
- Simultaneous Multiple Round Auction
- Dutch Auction
Answer: Simultaneous Multiple Round Auction
SMRA (Simultaneous Multiple Round Auction) allows bidders to bid on multiple spectrum lots across bands in multiple rounds, with prices rising based on demand. Used in India's 2G/3G/4G/5G auctions. Promotes price discovery, reduces exposure risk (bidding on complementary blocks), and enhances efficiency vs sequential auctions.