Consider the following activities : I. Production of crude oil II. Refining, storage and distribution of petroleum III. Marketing and sale of petroleum products IV. Productions of natural gas How many of the above activities are regulated by the Petroleum and Natural Gas Regulatory Board in our country?

UPSC Prelims 2025 Question:

Consider the following activities : 

I. Production of crude oil 

II. Refining, storage and distribution of petroleum 

III. Marketing and sale of petroleum products 

IV. Productions of natural gas 

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

  • A. Only one
  • B. Only two
  • C. Only three
  • D. All the four
Correct Answer: Option B