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India's first gas exchange, the Indian Gas Exchange (IGX), was launched as a wholly owned subsidiary of Indian Energy Exchange. Which of the following statements are correct ? 1. It is a digital trading platform that will allow buyers and sellers to trade both in the spot market and in the forward market for imported natural gas. 2. It will allow trade across three hubs — Dahej and Hazira in Gujarat and Kakinada in Andhra Pradesh. 3. Imported Liquified Natural Gas (LNG) will be regassified and sold to buyers through the exchange, removing the requirement for buyers and sellers to find each other. 4. Only inter-governmental trade in domestically produced natural gas is allowed on the gas exchange. Select the correct answer using the code given below :
Correct Answer: (c)
Official keyThis question appeared in the PPSC Prelims 2021 examination (GS-I). It is Question 17 out of 100 questions in this paper.
This question was part of the PPSC Prelims 2021 (GS-I). The PPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all PPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.