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

Options

  1. Only one
  2. Only two
  3. Only three
  4. All

Correct Answer

Only two

Explanation

The PNGRB regulates petroleum product marketing and natural gas distribution but not crude oil production or refining.


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