Explanation
- A
1 and 2 only
(a) 1 and 2 only. Statement 1 is false: PNGRB (2006 Act, Board from 2007) is not India’s first regulator — SEBI, TRAI and others came earlier. A code that keeps 1 is not the key.
- B
2 and 3 only
(b) 2 and 3 only. PNGRB’s mandate includes promoting competitive markets in gas. Appeals from PNGRB go to the Appellate Tribunal for Electricity (APTEL). Statement 1 fails. That pair is the official key.
- C
1 and 3 only
(c) 1 and 3 only. Statement 1 is false. Not the key.
- D
1, 2 and 3
(d) 1, 2 and 3. Statement 1 is false, so the all-correct code fails.
Summary. Official key is (b). PNGRB is a 2006-statute gas and petroleum downstream regulator, not the first Indian regulator. It is to foster competitive gas markets. APTEL is its appellate forum. Honour (b).
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2017 · Q20 · General Studies · 2 marks
With reference to the 'Prohibition of Benami Property Transaction Act, 1988 (PBPT Act)', consider the following statements: 1. A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction. 2. Properties held benami are liable for confiscation by the Government. 3. The Act provides for three authorities for investigations but does not provide for any appellate mechanism. Which of the statements given above is/are correct? -
2025 · Q60 · General Studies · 2 marks
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