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With reference to the Power Sector in India, consider the following statements:
1. Electricity is a state subject under the seventh schedule of the Indian constitution.
2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector.
3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level.
Which of the statements given above is/are correct?
- a)1 and 2 only
- b)2 only
- c)2 and 3 only
- d)1, 2 and 3
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
With reference to the Power Sector in India, consider the following st...
- Recently, the Ministry of Power has issued an order for the setting up of District Level Committees to improve the quality of electricity supply in the country.
- All States and Union Territories will have to notify and ensure establishment of these District Electricity committees, under intimation to the Ministry of Power.
- It will oversee all power related schemes of the government and also its impact on the provision of services to the people. It will meet at District Headquarters at least once in three months. Hence, statement 3 is correct.
- India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste.
- India is the third-largest producer and second-largest consumer of electricity in the world.
- 100% FDI (Foreign Direct Investment) is permitted under automatic route in the power sector. Hence, statement 2 is correct.
- Electricity is a concurrent subject (Seventh Schedule of the Constitution). Hence, statement 1 is not correct.
- The Ministry of Power is primarily responsible for the development of electrical energy in the country.
- It administers the Electricity Act, 2003 and the Energy Conservation Act, 2001.
Most Upvoted Answer
With reference to the Power Sector in India, consider the following st...
Explanation:
1. Electricity is a state subject under the seventh schedule of the Indian constitution:
- This statement is correct as per the Indian Constitution, where electricity is listed as a state subject under the seventh schedule. This means that the regulation and development of electricity within states are primarily under the jurisdiction of the respective state governments.
2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector:
- This statement is also correct. The Indian government allows 100% FDI in the power sector under the automatic route, which means that foreign investors do not require prior approval from the government to invest in power projects in India.
3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level:
- This statement is incorrect. While district-level committees may exist to oversee certain aspects of power-related schemes, the overall regulation and implementation of power-related policies and schemes are usually managed by higher-level authorities such as state electricity boards, regulatory commissions, and the central government.
Therefore, the correct answer is option C) 2 and 3 only, as statements 2 and 3 are accurate while statement 1 is also correct but not included in the options.
1. Electricity is a state subject under the seventh schedule of the Indian constitution:
- This statement is correct as per the Indian Constitution, where electricity is listed as a state subject under the seventh schedule. This means that the regulation and development of electricity within states are primarily under the jurisdiction of the respective state governments.
2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector:
- This statement is also correct. The Indian government allows 100% FDI in the power sector under the automatic route, which means that foreign investors do not require prior approval from the government to invest in power projects in India.
3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level:
- This statement is incorrect. While district-level committees may exist to oversee certain aspects of power-related schemes, the overall regulation and implementation of power-related policies and schemes are usually managed by higher-level authorities such as state electricity boards, regulatory commissions, and the central government.
Therefore, the correct answer is option C) 2 and 3 only, as statements 2 and 3 are accurate while statement 1 is also correct but not included in the options.
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With reference to the Power Sector in India, consider the following statements:1. Electricity is a state subject under the seventh schedule of the Indian constitution.2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector.3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?
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With reference to the Power Sector in India, consider the following statements:1. Electricity is a state subject under the seventh schedule of the Indian constitution.2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector.3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Power Sector in India, consider the following statements:1. Electricity is a state subject under the seventh schedule of the Indian constitution.2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector.3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Power Sector in India, consider the following statements:1. Electricity is a state subject under the seventh schedule of the Indian constitution.2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector.3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.
With reference to the Power Sector in India, consider the following statements:1. Electricity is a state subject under the seventh schedule of the Indian constitution.2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector.3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Power Sector in India, consider the following statements:1. Electricity is a state subject under the seventh schedule of the Indian constitution.2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector.3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Power Sector in India, consider the following statements:1. Electricity is a state subject under the seventh schedule of the Indian constitution.2. 100% Foreign Direct Investment (FDI) is permitted under automatic route in the power sector.3. The District Electricity committees will oversee all power related schemes of the government and its impact at district level.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.
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