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      Question

      How has India’s fossil fuel subsidy in the oil and gas

      sector changed from 2013 to 2023, according to the Asian Development Bank (ADB)?
      A Increased by 25% Correct Answer Incorrect Answer
      B Remained the same Correct Answer Incorrect Answer
      C Reduced by 85% Correct Answer Incorrect Answer
      D Increased by 85% Correct Answer Incorrect Answer
      E Reduced by 50% Correct Answer Incorrect Answer

      Solution

      India’s fossil fuel subsidy in the oil and gas sector decreased by 85%, from $25 billion in 2013 to $3.5 billion in 2023, due to targeted reforms aimed at reducing reliance on fossil fuels and promoting renewable energy.

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