Q. With reference to Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) scheme consider the following statements:
1.It aims to reduce the dependence on imported coal and promote domestic industries.
2.It is beneficial for the public sector banks which have huge unpaid loans by the power companies.
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Statement 1 and 2 are correct. SHAKTI aims to reduce the dependence on imported coal and promote domestic industries. It is beneficial for the public sector banks which have huge unpaid loans by the power companies.

Source: ForumIAS