Economics · Energy Security
What is the primary purpose of establishing Strategic Petroleum Reserves (SPR)?
- 1To completely eliminate the need for fossil fuels in industrial production.
- 2To provide a buffer and insulate nations against sudden energy supply shocks.✓
- 3To act as a primary source for generating renewable energy alternatives.
- 4To artificially inflate the speculative price of Brent Crude oil.
Correct answer
To provide a buffer and insulate nations against sudden energy supply shocks.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Energy Security?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Energy Security