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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?

UPSC Β· 2025 Β· International Relations
Question:
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

Only one
Only two
Only three
All
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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