Correct AnswerB. Electricity Act, 2003
Quick Explanation
The Electricity Act, 2003 consolidates the legal framework relating to generation, transmission, distribution, trading and use of electricity in India. It replaced/consolidated major earlier electricity statutes and established the modern sector framework.
Detailed Explanation
Concept & Reasoning
The Act addresses licensing, open access, regulatory commissions, tariff principles, grid operation, transmission and distribution among other matters. The Energy Conservation Act, 2001 has a different focus: efficient use of energy and conservation. IS 3043 and IS 732 are technical standards, not sector-wide legislation.
How to Solve It in the Exam
Sector structure/regulation → Electricity Act; efficiency/conservation → EC Act.
Important Exam PointMatch the scope words in the stem with the statute's objective.
Related Revision Path
This question sits in the revision path Electrical Laws, Standards and Energy Policy → Electricity Legislation → Electricity Act 2003 .