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Which among the following statements best describes the term ‘Black Gold’:
Coal and its derivatives
Green Diamond
Residual that remain after Gold extraction
Petroleum and its derivatives
Petroleum is found between the layers of rocks and is drilled from oil fields located in off-shore and coastal areas. This is then sent to refineries which process the crude oil and produce a variety of products like diesel, petrol, kerosene, wax, plastics and lubricants. Petroleum and its derivatives are called Black Gold as they are very valuable.Hence, option (d) is correct.
By: santosh ProfileResourcesReport error
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