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  9. Q17

PPSC PCS 2020 · Question 17 of 95

Recently, Pan-India Real Time Market in electricity was launched. Which of the following statements are correct about the market? 1. Real time market is an organized market platform enabling buyers and sellers to meet their energy requirement closer to real time operation. 2. The auctions will be held 50 times a day. 3. It became operational on two platform: Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL). Select the correct answer using the code given below:

Economy

  1. AOnly 1 and 2
  2. BOnly 2 and 3
  3. COnly 1 and 3Correct
  4. D1,2 and 3

Answer: C. Only 1 and 3

Explanation

Statements 1 and 3 are correct: the real-time electricity market went live on IEX and PXIL in June 2020; auctions are held 48 (not 50) times a day.

Source: https://cdn.mindspritesolutions.com/examrace/SPSC/Punjab-PSC/Punjab-PSC-Past-Papers/Punjab-Civil-Service-2020-Official-Paper-1-Part-1.pdf

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