Current Affairs · Corporate Policies & Schemes
Which of the following statements about the PI Relaxation and Cash Discount Scheme introduced by Bharat Coking Coal Limited (BCCL) is INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1For coal offtake below 120% of QQ, Performance Incentive (PI) shall be applicable only on raw coal as per existing FSA provisions.
- 2For coal offtake exceeding 140% of QQ, a Cash Discount of 10% shall be extended on quantities lifted beyond 100% of QQ.
- 3For coal offtake between 120% and 140% of Quarterly Quantity (QQ), a Cash Discount of 10% shall be provided on coal lifted beyond 100% of QQ.✓
- 4The scheme is applicable for the first quarter of Financial Year 2026–27.
Correct answer
For coal offtake between 120% and 140% of Quarterly Quantity (QQ), a Cash Discount of 10% shall be provided on coal lifted beyond 100% of QQ.
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