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Question 1. The oil and Gas sector ranks where among all the other core industries in India?
Correct Answer: (D) 8
Question 2. The government of India has allowed __% FDI investment in the Oil and Gas Industry.
Correct Answer: (B) 100%
Question 3. What was the value of crude oil imports in India in 2019-20?
Correct Answer: (C) Approx $102 billion
Question 4. In Nov 2021, Oil and Natural Gas Corp. Ltd (ONGC) announced that it invested up to ₹6000 crores in the _ arm.
Correct Answer: (B) Petrochemical
Question 5. India aims to commercialize what percent of its SPR (strategic petroleum reserves) to raise funds and build additional storage tanks?
Correct Answer: (C) 16%