2019 Economy - Regulatory Bodies (Energy Sector)

Consider the following statements : 1. Petroleum and Natural Gas Regulatory Board (PNGRB) is the first regulatory body set up by the Government of India. 2. One of the tasks of PNGRB is to ensure competitive markets for gas. 3. Appeals against the decisions of PNGRB go before the Appellate Tribunals for Electricity. Which of the statements given above are correct?

• 1 and 2 only
• 2 and 3 only
• 1 and 3 only
• 1, 2 and 3