Current Affairs · International Trade and Economy
Match the items in List I with their correct descriptions in List II: List I (Term): (A) Shadow Fleet (B) Urals (C) Brent Benchmark (D) Ship-to-ship Transfer List II (Definition/Role): (I) The standard against which oil prices are measured (II) Method used to hide the origin of oil during transport (III) Uninsured, aging vessels used to evade sanctions (IV) The specific grade of crude oil exported by Russia
- 1(A)-(III), (B)-(I), (C)-(IV), (D)-(II)
- 2(A)-(IV), (B)-(II), (C)-(III), (D)-(I)
- 3(A)-(II), (B)-(III), (C)-(IV), (D)-(I)
- 4(A)-(III), (B)-(IV), (C)-(I), (D)-(II)✓
Correct answer
(A)-(III), (B)-(IV), (C)-(I), (D)-(II)
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