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UPSC Economics Poverty as a Challenge / एक चुनौती के रूप में गरीबी Question Bank Planning, Unemployment and Poverty in India

  • question_answer
    Which one of the following is a purpose of 'UDAY', a scheme of the Government?          [IAS Prelims 2016]            

    A) Providing technical and financial assistance to start-up entrepreneurs in the field of renewable sources of energy

    B) Providing electricity to every household in the country by 2018

    C) Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time

    D) Providing for financial turnaround and revival of power distribution companies

    Correct Answer: D

    Solution :

    Ujwal DISCOM Assurance Yojana (UDAY) is the financial turnaround and revival package for electricity distribution companies of India (DISCOMs) initiated by the Government of India with the intent to find a permanent solution to the financial mess that the power distribution is in. Ref: Economic Survey Vol.2, page 125.


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