QUIZ ECO INCREASING DIESEL PRICE

What is the new diesel price in Peninsular Malaysia starting 10 June 2024?

• 1. RM2.15 per liter

• RM3.35 per liter

• RM3.00 per liter

• RM2.50 per liter

What is the key policy shift mentioned in the image?

• Increase in the blanket subsidies

• Elimination of subsidies entirely

• Transition from blanket subsidies to targeted subsidies

• Increase in diesel exports

What was the cost of diesel subsidies in Malaysia in 2023?

• RM10.5 billion

• RM14.3 billion

• RM13.3 billion

• RM15 billion

What is the main reason for the increase in diesel prices?

• Diesel subsidy decrease

• Increased production cost

• Higher demand

• Global fuel shortage

 How much is the price increase for diesel in Peninsular Malaysia?

• RM0.50 per liter

• RM1.30 per liter

• RM2.50 per liter

• RM1.20 per liter

Why did the diesel price increase sharply?

• Increase in production cost

• Removal of subsidies

• Import restrictions

• Natural disasters

What does the sharp increase in diesel prices in 2024 suggest?

• Increased global demand

• Reduction in diesel production

• The need for monitoring and adaptive policies to mitigate economic impacts

• Introduction of new taxes

Increasing diesel prices cause a decline in demand for diesel vehicles.

• TRUE

• FALSE

What is the name of the cash assistance program distributed by the Malaysian government?

• BUDI MADANI

• Diesel Relief Program

• SKDS Initiative

Through which systems does the Malaysian government set the price of diesel for eligible sectors?

• SKDS 1.0 and SKDS 2.0

• Diesel Assistance System 1 and 2

• Subsidy Price Control System