Question : Statement 1: Inadequate investment in the power sector has been a major challenge to ensuring reliable and uninterrupted power supply in India.
Statement 2: Insufficient financial resources and delayed project implementation are factors contributing to inadequate investment in the power sector.
Option 1: Both statements are true.
Option 2: Statement1 is true, and Statement 2 is false.
Option 3: Statement 1 is false, and Statement 2 is true.
Option 4: Both statements are false.
Correct Answer:
Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 accurately highlights that inadequate investment in the power sector has been a significant challenge in ensuring reliable and uninterrupted power supply in India. Insufficient investment can lead to inadequate infrastructure development, maintenance, and upgrading, resulting in power shortages and unreliable electricity supply.
Statement 2 correctly identifies insufficient financial resources and delayed project implementation as factors contributing to inadequate investment in the power sector. The power sector requires substantial financial resources for infrastructure development, capacity expansion, and technology upgrades. Delays in project implementation can further hinder the timely completion of power projects and lead to cost overruns.
Therefore, both statements are true as they correctly identify the challenges associated with inadequate investment in the power sector and its implications on reliable power supply in India.
