Multiple choice

Directions: Choose the correct option for the given question.

Government has hiked petrol and diesel prices w.e.f. February 15, 2008 mid-night by

  1. Rs. 2 per litre each

  2. Rs. 1 per litre and Rs. 2 per litre respectively

  3. Rs. 2 per litre and Rs. 1 per litre respectively

  4. Rs. 1 per litre and 50 paise per litre respectively.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The government hiked petrol prices by Rs. 2 per litre and diesel prices by Rs. 1 per litre effective February 15, 2008 midnight. This differential increase reflected the differing impact of international crude prices and the need to balance fiscal concerns with consumer protection. Options A, B, and D represent incorrect combinations of the hike amounts.

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