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Question

The word ‘NELP’ is associated with which of the following?


A

Production of Oil and Natural Gas

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B

National Highways Extension

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C

Communications

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D

Space Research

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E

None of these

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Solution

The correct option is A

Production of Oil and Natural Gas


New Exploration Licensing Policy (NELP) was conceptualised by the Government of India, during 1997-98 to provide an equal platform to both Public and Private sector companies in exploration and production of hydrocarbons. It was introduced to boost the production of oil and natural gas.


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