Official Answer Key & Detailed Solution
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Correct Answer: Option (D) — Providing for financial turnaround and revival of power distribution companies
Concept & Option Breakdown
Standard Reference VerifiedUDAY (Ujwal DISCOM Assurance Yojana) was launched in 2015 by the Ministry of Power for the operational and financial turnaround of state-owned Power Distribution Companies (DISCOMs).
UDAY stands for Ujwal DISCOM Assurance Yojana — DISCOM points directly to power distribution companies.
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