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With reference to the NITI Aayog’s Draft Battery Swapping Policy, consider the following statements:
1. During Budget 2019-2020, the Central Government announced plans to introduce a Battery Swapping Policy and interoperability standards.
2. The overall vision is to catalyse the large-scale adoption of electric vehicles (EVs) by improving efficient and effective use of scarce resources.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
With reference to the NITI Aayog’s Draft Battery Swapping Policy...
NITI Aayog released a draft battery swapping policy under which all metropolitan cities with a population above 40 lakh will be prioritised for development of battery swapping network under the first phase.
NITI Aayog’s Draft Battery Swapping Policy:
  • During Budget 2022-2023, the Central Government announced plans to introduce a Battery Swapping Policy and interoperability standards, with the intent of building and improving the efficiency of the battery swapping ecosystem, thereby driving EV adoption.
  • The overall vision is to catalyse the large-scale adoption of EVs by improving efficient and effective use of scarce resources (viz. public funds, land, and raw materials for advanced cell batteries) for the delivery of customer centric services.
    The Policy addresses key technical, regulatory, institutional, and financing challenges that will help develop battery swapping ecosystems to unlock the large-scale adoption of battery swapping in India.
Hence only statement 2 is correct.
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With reference to the NITI Aayog’s Draft Battery Swapping Policy, consider the following statements:1. During Budget 2019-2020, the Central Government announced plans to introduce aBattery Swapping Policyandinteroperability standards.2. The overall vision isto catalyse the large-scale adoption of electric vehicles (EVs) by improving efficient and effective use of scarce resources.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
Question Description
With reference to the NITI Aayog’s Draft Battery Swapping Policy, consider the following statements:1. During Budget 2019-2020, the Central Government announced plans to introduce aBattery Swapping Policyandinteroperability standards.2. The overall vision isto catalyse the large-scale adoption of electric vehicles (EVs) by improving efficient and effective use of scarce resources.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about With reference to the NITI Aayog’s Draft Battery Swapping Policy, consider the following statements:1. During Budget 2019-2020, the Central Government announced plans to introduce aBattery Swapping Policyandinteroperability standards.2. The overall vision isto catalyse the large-scale adoption of electric vehicles (EVs) by improving efficient and effective use of scarce resources.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the NITI Aayog’s Draft Battery Swapping Policy, consider the following statements:1. During Budget 2019-2020, the Central Government announced plans to introduce aBattery Swapping Policyandinteroperability standards.2. The overall vision isto catalyse the large-scale adoption of electric vehicles (EVs) by improving efficient and effective use of scarce resources.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
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