Economics · Economy
Consider the following activities in the hydrocarbon sector of India: I. Exploration and extraction of crude petroleum from oil fields II. Processing of crude oil into refined petroleum products III. Transportation, storage and distribution of natural gas through pipeline networks IV. Retail marketing and sale of petroleum products to consumers In how many of the above activities does the Petroleum and Natural Gas Regulatory Board (PNGRB) exercise regulatory oversight?
- 1All four
- 2Only three
- 3Only two✓
- 4Only one
Correct answer
Only two
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