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Mineral production 2

Q. Consider t...

Question

Q. Consider the following statements in relation to Strategic Petroleum Reserves (SPR).
Select the correct answer using the code given below:

A

1 only

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B

2 only

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C

Both 1 and 2

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D

Neither 1 nor 2

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Solution

The correct option is A 1 only
Explanation:

Statement 1 is correct: Strategic petroleum reserves are stockpiles of crude oil to meet the emergencies of supply shocks of crude oil. Strategic Petroleum Reserves (SPR) facilities with a total capacity of 5.33 Million Metric Tonnes (MMT) have been established at 3 locations, namely (i) Visakhapatnam, (ii) Mangalore, and (iii) Padur.

Statement 2 is incorrect: The construction of the Strategic Crude Oil Storage facilities is being managed by Indian Strategic Petroleum Reserves Limited (ISPRL), a Special Purpose Vehicle, which is a wholly-owned subsidiary of the Oil Industry Development Board (OIDB) under the Ministry of Petroleum & Natural Gas. Petroleum and Natural Gas Regulatory Board is mandated to regulate the refining, processing, storage, transportation, distribution, marketing, and sale of petroleum, petroleum products, and natural gas excluding production of crude oil and natural gas but not related to the construction of the SPR facilities.

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Similar questions

Q. 97. Which of the following statements about Indian Strategic Petroleum Reserves (ISPR) is correct?
1.Currently, there are four such ISPRs at Visakhapatnam, Mangalore, Paddur and Chennai.
2. The crude oil storages are constructed in underground rock caverns as underground rock caverns are considered the safest means of storing hydrocarbons.
Correct answer code is:

Consider the following statements and select the correct answer using the code given below:

1. India is the largest consumer of petroleum in the world.

2. India imports over 75 per cent of its total petroleum and natural gas requirement.

Q. Q. With reference to the Strategic Petroleum reserves, which of the following statements is/are incorrect?

1. The reserves store petrol and diesel to cushion the energy demand during supply crises.
2. Exports from Strategic Petroleum Reserves are banned.
3. India holds the third largest strategic petroleum reserve facilities in the world.

Select the correct answer using the codes given below:

Q. रणनीतिक पेट्रोलियम भंडार के संदर्भ में, निम्नलिखित में से कौन सा/से कथन गलत है / हैं?

1. यह भंडार, आपूर्ति संकट के दौरान ऊर्जा की मांग को पूर्ण करने के क्रम में पेट्रोल और डीजल की आपूर्ति करता है।
2. रणनीतिक पेट्रोलियम भंडार से निर्यात पर प्रतिबंध लगा दिया गया है।
3. भारत के पास दुनिया में तीसरा सबसे बड़ा रणनीतिक पेट्रोलियम रिजर्व उपलब्ध है।

नीचे दिए गए कूट का उपयोग करके सही उत्तर चुनें:

Q. Q. With reference to Indian Strategic Petroleum Reserves, consider the following statements.Which of the above-given statements is/are correct?

1 only
Both 1 and 2
Neither 1 nor 2
2 only

Q. Consider the following statements about Centrally sponsored schemes for the development of infrastructure facilities for the judiciary:

Select the correct answer using the code given below:

1 and 3 only
2 and 3 only
1 and 2 only
1, 2 and 3

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