Coal and Petroleum Policy — Prelims Questions

Which of the following statements about India's Coal Policy 2020 is/are correct? 1. It allows 100% FDI in commercial coal mining 2. Coal blocks are allocated through transparent auction mechanism 3. It mandates coal beneficiation for all coal grades 4. Private companies can only mine coal for captive consumption

The transition from NELP to HELP in India's petroleum sector primarily aimed to: 1. Replace production sharing with revenue sharing model 2. Provide marketing and pricing freedom to contractors 3. Introduce uniform licensing for all hydrocarbons 4. Eliminate government participation in exploration

Which institution is primarily responsible for regulating downstream petroleum activities in India?

The Open Acreage Licensing Policy (OALP) in India's petroleum sector allows:

Which of the following best describes the current status of petroleum product pricing in India?