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    Question

    Which financial institution highlighted India’s

    progress in fossil fuel subsidy reforms, specifically mentioning a “remove, target, and shift” approach?
    A IMF Correct Answer Incorrect Answer
    B World Bank Correct Answer Incorrect Answer
    C Asian Development Bank (ADB) Correct Answer Incorrect Answer
    D United Nations Correct Answer Incorrect Answer
    E Reserve Bank of India Correct Answer Incorrect Answer

    Solution

    The ADB commended India’s efforts in fossil fuel subsidy reforms, noting the “remove, target, and shift” approach to enhance efficiency and sustainability.

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