Multiple Choice Questions on Consider the following statements Shakti policy is the policy of the Ministry of Jal Shakti to produ........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Consider the following statements Shakti policy is the policy of the Ministry of Jal Shakti to produ...........

Economic Affairs Energy
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    Consider the following statements

    1. Shakti policy is the policy of the Ministry of Jal Shakti to produce electricity from river water.
    2. This scheme is intended to reduce the dependence on imported electricity and promote domestic industry.

    Select the correct statement.

    1 only

    Incorrect Answer

    2 only

    Incorrect Answer

    Both

    Incorrect Answer

    None

    Correct Answer
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    Explanation:

    Both statements are incorrect.

    • The Ministry of Power has announced a Scheme for Procurement of Aggregate Power of 4500 MW on competitive basis for five years on Finance, Own and Operate (FOO) basis under SHAKTI Policy. 

    • The aim of the Shakti scheme is to ensure the availability of coal to all the Thermal Power Plants in India, in a way that is transparent and objective.

    • The scheme also aims to reduce the dependence on imported coal and promote domestic industries. 

    Hence option 4th is correct.

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