Energy sector business: First Indian private firm to sign an oil exploration accord with Myanmar for two offshore blocks. Choose the correct company from the list. Choose the correct option.

Q: Energy sector business: First Indian private firm to sign an oil exploration accord with Myanmar for two offshore blocks. Choose the correct company from the list. Choose the correct option.

Context Among Indian private companies, Essar Oil is noted for early accords with Myanmar for offshore exploration blocks. Final Answer Essar Oil

Difficulty: Medium

Essar Oil
ONGC Videsh
Reliance Industries
Cairn India

Correct Answer: Essar Oil

Explanation:

Context

Among Indian private companies, Essar Oil is noted for early accords with Myanmar for offshore exploration blocks.

Final Answer
Essar Oil

← Previous Question Next Question→

More Questions from Indian Economy

Central banking in India: Which institution performs the central bank's functions? Identify the monetary authority responsible for currency, monetary policy, and regulation. Choose the correct option.
Redistribution of income: Identify the policy instrument that directly reduces economic inequality. Context: Consider standard public finance tools used by governments to narrow income and wealth gaps (without changing the numeric data in the original prompt). Choose the most appropriate option that is explicitly redistributive in design.
Regional Rural Banks (RRBs): Evaluate the correctness of the statements and choose the right combination. S1: RRBs have a limited, specified area of operation. S2: RRBs have access to refinance from NABARD on liberal terms. S3: RRBs are required to lend only to weaker sections. Choose the correct set of true statements.
Benefit-received principle of taxation: Identify what the tax burden is based on under this principle. Context: In public finance, alternative principles include ability-to-pay vs. benefit-received rules. Choose the correct basis for taxation under the benefit-received principle.
Union Government tax with the highest annual yield: Choose the historically largest revenue head. Context: Treat the question in the pre-GST framework commonly used in legacy GK (Union excise, customs, income tax, corporation tax). Choose the tax that has historically yielded the highest annual revenue under that framework.
BIFR (Board for Industrial and Financial Reconstruction): Identify the year it came into existence. Context: BIFR was established under the Sick Industrial Companies (Special Provisions) Act, 1985. Choose the correct year when BIFR became operational.
States' largest source of tax revenue: Identify the head through which Indian states earn the maximum revenue. Context: Consider the states' own tax revenue heads in a standard public finance framework. Choose the most appropriate revenue head.
History of Indian currency: Identify the year when paper currency first started in India. Context: Consider the statutory beginning of government-issued paper money in British India. Choose the correct year.
Bank nationalization in 1969: State the number of major commercial banks that were nationalized that year. Context: July 1969 was a landmark in Indian banking reforms. Choose the correct number.
Agricultural research governance: Identify the apex body that formulates plans and coordinates research in agriculture and allied fields in India. Context: Consider the institutional architecture overseeing agricultural R&D and extension coordination. Choose the correct apex organization.

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion