The correct answer is None of the above. Explanation & Key Takeaways: Electricity Constraints • Electricity constraints are pervasive in developing countries and can present a barrier to growth. • In the most recent World Bank enterprise surveys, over a third of firms in developing countries identified electricity as a major obstacle to their operations. • As per the International Energy Agency report 2020, though there has been steady progress in electrification rates, one in ten people worldwide still do not have access to electricity, almost all of whom live in developing countries. Variations in the cost of electricity in the world • Canada, for example, happens to have lower-cost energy due to the country’s massive amounts of hydropower and its use of other, low-cost, alternative energy sources, like solar and wind. Hence statement (a) is incorrect. • Australia, on the other hand, is one of the most expensive countries in terms of energy pricing. Although there is an abundance of coal in Australia, there are high taxes imposed on consumption. Hence statement (b) is incorrect. Cost recovery in the distribution of power • Cost recovery in the distribution of power is not satisfactory in India • The problems of theft of electricity, Electricity meter settings for the low metered price, and many more issues with the cost of recovery in Electricity prices are still prevalent in India, to get rid of the high cost of electric bills. Hence statement (c) is incorrect.