A

Step 1: Understand the nature of electric fields. A conservative electric field is one in which the work done in moving a charge between two points is independent of the path taken.
Step 2: The electric field induced by a changing magnetic field (according to Faraday's Law of Electromagnetic Induction) is a non-conservative field. This is because the work done in moving a charge around a closed loop within this field is not zero; rather, it is equal to the negative rate of change of magnetic flux through the loop: $W = -\frac{d\Phi_B}{dt}$.
Step 3: Therefore, since the induced electric field does not satisfy the conditions for path independence, it is classified as a non-conservative field.
Conclusion: Hence, the statement is correct.