Consider the following statements with respect to Ujwal DISCOM Assurance Yojna (UDAY) scheme:

  1. The scheme envisages power DISCOMs to convert their debt into state bonds.
  2. The scheme is optional for the States.

Which of the above statements is/are correct?

Answer: [C] Both 1 and 2

Both the statements are correct.

This question is a part of GKToday's Integrated IAS General Studies Module