Consider the following statements:1.Day-Ahead-Market (DAM) is the stock trading market available to early investors.2.The Surplus Power Portal (PUShP) aims to reduce the fixed cost burden on Distribution Companies (DISCOMs).Select the correct option using the code given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B

Notes:

Explanation –

Statement 1 is incorrect. Day-Ahead-Market (DAM) is the electricity trading market for delivery on the following day.

Statement 2 is correct. The Surplus Power Portal (PUShP) aims to reduce the fixed cost burden on Distribution Companies (DISCOMs).