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The correct answer is option 1, which states that only component 1 is a part of the Integrated Power Development Scheme launched by the Government of India.
To understand this, let`s dissect the options:
Option 1: It states that strengthening of sub-transmission and distribution networks in the urban areas is a component of the scheme. This means that the scheme includes activities to improve the infrastructure related to electricity transmission and distribution in urban areas.
Option 2: It states that metering of distribution transformers/feeders/consumers in the rural areas is a component of the scheme. This means that the scheme includes activities to install meters for monitoring electricity consumption in rural areas.
Option 3: It states that both options 1 and 2 are components of the scheme. However, this is incorrect as the correct answer mentioned is option 1.
Option 4: It states that neither option 1 nor option 2 is a component of the scheme. However, this is also incorrect as option 1 is indeed a component of the scheme.
In conclusion, the explanation clarifies that only component 1, which is strengthening of sub-transmission and distribution networks in the urban areas, is a part of the Integrated Power Development Scheme launched by the Government of India.