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Consider the following statements about Perform Achieve and Trade (PAT) scheme:
1. It is a flagship program of the Bureau of Energy Efficiency (BEE) under the National Mission for Enhanced Energy Efficiency (NMEEE).
2. It is being implemented under the National Mission for Enhanced Energy Efficiency (NMEEE).
Q. Which of the statements given above is/arecorrect?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements about Perform Achieve and Trade (PAT...
Introduction:
The Perform Achieve and Trade (PAT) scheme is a flagship program of the Bureau of Energy Efficiency (BEE) under the National Mission for Enhanced Energy Efficiency (NMEEE). It is aimed at promoting energy efficiency and reducing energy consumption in energy-intensive industries.

Explanation:
Statement 1: It is a flagship program of the Bureau of Energy Efficiency (BEE) under the National Mission for Enhanced Energy Efficiency (NMEEE).
This statement is correct. The PAT scheme is indeed a flagship program of the Bureau of Energy Efficiency (BEE), which is a statutory body under the Ministry of Power, Government of India. The BEE is responsible for promoting energy efficiency and conservation in various sectors of the economy.

Statement 2: It is being implemented under the National Mission for Enhanced Energy Efficiency (NMEEE).
This statement is also correct. The PAT scheme is implemented under the National Mission for Enhanced Energy Efficiency (NMEEE), which is one of the eight national missions under the National Action Plan on Climate Change (NAPCC). The NMEEE aims to promote energy efficiency in key sectors of the economy and achieve a substantial reduction in energy consumption.

Conclusion:
Both statements 1 and 2 are correct. The Perform Achieve and Trade (PAT) scheme is a flagship program of the Bureau of Energy Efficiency (BEE) under the National Mission for Enhanced Energy Efficiency (NMEEE). It is aimed at promoting energy efficiency and reducing energy consumption in energy-intensive industries. The scheme is implemented under the NMEEE, which is one of the national missions under the National Action Plan on Climate Change.
Community Answer
Consider the following statements about Perform Achieve and Trade (PAT...
  • Perform Achieve and Trade (PAT) scheme is a flagship program of the Bureau of Energy Efficiency under the National Mission for Enhanced Energy Efficiency (NMEEE). NMEEE is one of the eight national missions under the National Action Plan on Climate Change (NAPCC) launched by the Government of India in the year 2008.
  • PAT scheme is a market-based compliance mechanism to accelerate improvements in energy efficiency in energy-intensive industries. The energy savings achieved by notified industries is converted into tradable instruments called Energy Saving Certificates (ESCerts). The ESCerts after issuance by the Bureau of Energy Efficiency are traded at Power Exchanges.
  • Hence, option (c) is the correct answer.
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Consider the following statements about Perform Achieve and Trade (PAT) scheme:1. It is a flagship program of the Bureau of Energy Efficiency (BEE) under the National Mission for Enhanced Energy Efficiency (NMEEE).2. It is being implemented under the National Mission for Enhanced Energy Efficiency (NMEEE).Q. Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements about Perform Achieve and Trade (PAT) scheme:1. It is a flagship program of the Bureau of Energy Efficiency (BEE) under the National Mission for Enhanced Energy Efficiency (NMEEE).2. It is being implemented under the National Mission for Enhanced Energy Efficiency (NMEEE).Q. Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements about Perform Achieve and Trade (PAT) scheme:1. It is a flagship program of the Bureau of Energy Efficiency (BEE) under the National Mission for Enhanced Energy Efficiency (NMEEE).2. It is being implemented under the National Mission for Enhanced Energy Efficiency (NMEEE).Q. Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements about Perform Achieve and Trade (PAT) scheme:1. It is a flagship program of the Bureau of Energy Efficiency (BEE) under the National Mission for Enhanced Energy Efficiency (NMEEE).2. It is being implemented under the National Mission for Enhanced Energy Efficiency (NMEEE).Q. Which of the statements given above is/arecorrect?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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