With reference to Revamped Distribution Sector Scheme (RDSS) consider the following statements:1.It aims to reduce the Aggregate Technical & Commercial (AT&C) losses to pan-India levels of 12-15% and Average Cost of Supply (ACS)-Average Revenue Realized (ARR) gap to zero by 2024-25.2.The scheme has been launched for the duration of five years.3.India Electrification Corporation (IFC) is the nodal agency for the implementation of the scheme.How many of the above statements are correct?

Q. With reference to Revamped Distribution Sector Scheme (RDSS) consider the following statements:
1.It aims to reduce the Aggregate Technical & Commercial (AT&C) losses to pan-India levels of 12-15% and Average Cost of Supply (ACS)-Average Revenue Realized (ARR) gap to zero by 2024-25.
2.The scheme has been launched for the duration of five years.
3.India Electrification Corporation (IFC) is the nodal agency for the implementation of the scheme.
How many of the above statements are correct?

[A] Only one

[B] Only two

[C] All three

[D] None

Answer: B

Notes:

Explanation –

Statements 1 and 2 are correct. RDSS aims to reduce the Aggregate Technical & Commercial (AT&C) losses to pan-India levels of 12-15% and Average Cost of Supply (ACS)-Average Revenue Realized (ARR) gap to zero by 2024-25. Government of India has launched the RDSS for the duration of 5 years i.e., from (FY 2021-22 to FY 2025-26).

Statement 3 is incorrect. Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) have been nominated as the nodal agencies for the implementation of the scheme.

Source: ForumIAS

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS