Correct option is C
STATCOM, which stands for Static Synchronous Compensator, is a type of Flexible AC Transmission System (FACTS) device used for voltage regulation and reactive power compensation in power systems.
STATCOM operates as follows:
It uses power electronic converters to provide reactive power compensation.
It is connected in parallel (shunt) to the system.
The device operates by switching converters to inject or absorb reactive power, thereby regulating the voltage and improving power quality.
Given this information, the correct answer is (c) Switched converter type shunt compensator