Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 4366)
4366.
Which ministry announced that the Generating Companies and the Transmission Companies have been advised to charge Late Payment Surcharge at a rate not exceeding 12% per annum?
The Power Ministry
Ministry of Road Transport and Highways
Ministry of Defence
Ministry of Electronics and Information Technology
Answer: Option
Explanation:
On August 22, 2020, the Power Ministry announced that the Generating Companies and the Transmission Companies have been advised to charge Late Payment Surcharge at a rate not exceeding 12% per annum. With this, the financial burden on Discoms is to ease out.
Discussion:
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