UPSC CSE Prelims 2002 Q132 — Indian Economy PYQ with Answer

With reference to power sector in India consider the following statements:

1. Rural electrification has been treated as a Basic Minimum Service under the Prime Minister’s Gramodaya Yojana.

2. 100 per cent Foreign Direct Investment in power is allowed without upper limit

3. The Union Ministry of Power has signed a Memoranda of Understanding with 14 states.

Which of these statements is/are correct?