Chemistry

General Science (UPPCS)

Title

45:30

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Indian Economy - Understanding the basics of Indian economic system

Consider the following activities:

I. Production of crude oil

II. Refining, storage and distribution of petroleum

III. Marketing and sale of petroleum products

IV. Production of natural gas

How many of the above activities are regulated by the Petroleum and Natural Gas Regulatory Board (PNGRB) in our country?

This questions was previously asked in

UPSC CSE 2025 (General Studies-1)

Only one

Only two

Only three

All the four

- Production of crude oil: Typically, this is governed by exploration and production policies rather than by PNGRB.

- Refining, storage, and distribution of petroleum: PNGRB regulates the refining and storage aspects, ensuring safe and efficient processes.

- Marketing and sale of petroleum products: PNGRB oversees marketing and sale, promoting competition and protecting consumer interests.

- Production of natural gas: PNGRB does not regulate the upstream production but focuses on downstream distribution and marketing.

- Answer: Only two activities (II and III) are regulated by PNGRB.

Option 2 is correct.