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Question : Market-Based Economic Dispatch (MBED) mechanism is related to which of the following ministries?

Option 1: Ministry of Power

Option 2: Ministry of Corporate Affairs

Option 3: Ministry of Finance

Option 4: Ministry of Micro, Small and Medium Enterprises


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Ministry of Power


Solution : The correct answer is the Ministry of Power .

The market-based economic dispatch (MBED) mechanism, which is handled by the Union Ministry of Power, represents a significant departure from the current voluntary, decentralised pool-based electricity market.

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