Union Cabinet approved the Policy for Early Monetization of Coal Bed Methane (CBM) Gas Marketing and Pricing Freedom. In this context, consider the following statements.nI. As part of the policy, CBM contractors cannot sell the CBM to its any affiliate, in the event contractor cannot identify any buyer. II. Royalty and other dues to the Government shall be payable on the basis of prices or selling prices notified by Petroleum Planning u0026 Analysis Cell (PPAC).nChoose the correct option

Union Cabinet approved the Policy for Early Monetization of Coal Bed M

1.	Union Cabinet approved the Policy for Early Monetization of Coal Bed Methane (CBM) Gas Marketing and Pricing Freedom. In this context, consider the following statements.nI. As part of the policy, CBM contractors cannot sell the CBM to its any affiliate, in the event contractor cannot identify any buyer. II. Royalty and other dues to the Government shall be payable on the basis of prices or selling prices notified by Petroleum Planning u0026 Analysis Cell (PPAC).nChoose the correct option
A.	Only I
B.	Only II
C.	Both I and II
D.	Neither I nor II
Answer» C. Both I and II