Petroleum is called 'Liquid Gold' because ________________.

Its availability is less

No worries! We‘ve got your back. Try BYJU‘S free classes today!

It brings lot of money

No worries! We‘ve got your back. Try BYJU‘S free classes today!

It is used in gold processing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

It is used in all economic activities

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D It is used in all economic activities
Petroleum is present in abundant quantity in the some regions. The people over there are engaged in petroleum factories and industries and it is mainly the source of income for most of the people. Hence, Petroleum provides most of the economic wealth to the people of some regions. So it is considered as Liquid gold because of its economic value and its use in economic activities.

Suggest Corrections

Similar questions

A wire of about 2 km can be drawn from a gram of gold. This is because of the property called ______.

Join BYJU'S Learning Program