Question

According to the Union Budget 2023-24, consider the following statements. 

1. National Green Hydrogen Mission, with an outlay of 19,700 crores

2. It shall facilitate transition of the economy to low carbon intensity, but increase dependence on fossil fuel imports. 

3. This Budget provides 35,000 crore for priority capital investments towards energy transition and net zero objectives, and energy security by the Ministry of Petroleum & Natural Gas. 

Which of the above statements is/are not correct? 

A 1 only Correct Answer Incorrect Answer
B 1 and 2 only Correct Answer Incorrect Answer
C 1 and 3 only Correct Answer Incorrect Answer
D 2 only Correct Answer Incorrect Answer
E 1, 2 and 3 Correct Answer Incorrect Answer

Solution

This Budget provides 35,000 crore for priority capital investments towards energy transition and net zero objectives, and energy security by the Ministry of Petroleum & Natural Gas.

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