UPSC CSE Prelims
Question 45
Consider the following activities :
- Production of crude oil
- Refining, storage and distribution of petroleum
- Marketing and sale of petroleum products
- Production of natural gas
How many of the above activities are regulated by the Petroleum and Natural Gas Regulatory Board in our country?
View correct answer and explanation
Correct answer: B
Correct Option: B (Only two)
Explanation: The Petroleum and Natural Gas Regulatory Board regulates downstream petroleum infrastructure and marketing, including transport, distribution and sale. It does not regulate upstream production of crude oil or natural gas.
Statement / Pair / Item-wise Analysis:
I: Outside PNGRB's scope-upstream crude-oil production.
II: Within scope-petroleum refining-related downstream infrastructure/storage/distribution.
III: Within scope-marketing and sale of petroleum products.
IV: Outside scope-upstream natural-gas production.
Option-wise Analysis:
A. Incorrect-'Only one' understates the verified count of 2.
B. Correct-this matches the facts and the item-wise assessment above.
C. Incorrect-'Only three' overstates the verified count of 2.
D. Incorrect-'All the four' overstates the verified count of 2.