With reference to the Petroleum and Natural Gas Regulatory Board (PNGRB), consider the following statements: 1. It is a statutory body. 2. PNGRB regulates the production of crude oil and natural gas in India. 3. Appeals against the decisions of PNGRB are heard by the Appellate Tribunal for Electricity. Which of the statements given above is/are correct? |ForumIAS

[A] 1 and 2 only

[B] 1 and 3 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: B

Notes:

Explanation:

Statement 1 is correct: PNGRB is a statutory body established under the Petroleum and Natural Gas Regulatory Board Act, 2006.
Statement 2 is incorrect: PNGRB does not regulate the production of crude oil and natural gas; it regulates activities like refining, transportation, storage, distribution, and marketing of petroleum products and natural gas.
Statement 3 is correct: Appeals against PNGRB’s decisions are heard by the Appellate Tribunal for Electricity established under the Electricity Act, 2003.

Source- cnbc