Practice these important MCQs on the Government of India’s new LPG production targets for refiners and upstream companies for UPSC, SSC, Banking, Railway, Defence, CDS, NDA, CAPF, and State PCS exams. The government has, for the first time, fixed maximum LPG production targets for individual companies to strengthen domestic LPG supply and reduce vulnerability to import disruptions.
1. What has the Government of India recently fixed for LPG producers?
A) Minimum LPG prices
B) Maximum LPG production targets
C) LPG export taxes
D) New LPG cylinder sizes
Answer: B) Maximum LPG production targets
Explanation: The government has, for the first time, fixed maximum LPG production targets for individual public- and private-sector refineries and upstream companies.
2. What is the main objective behind fixing LPG production targets?
A) To increase luxury fuel consumption
B) To build a domestic LPG supply buffer
C) To reduce refinery capacity
D) To promote coal imports
Answer: B) To build a domestic LPG supply buffer
Explanation: The measure aims to strengthen domestic LPG availability and create a supply buffer against disruptions in imported cooking gas.
3. Which ministry issued the order regarding LPG production targets?
A) Ministry of Power
B) Ministry of Petroleum and Natural Gas
C) Ministry of Commerce and Industry
D) Ministry of Finance
Answer: B) Ministry of Petroleum and Natural Gas
Explanation: The production framework was issued by the Ministry of Petroleum and Natural Gas.
4. How many refineries and upstream companies are covered by the new LPG production framework?
A) 11
B) 15
C) 21
D) 31
Answer: C) 21
Explanation: The government order specifies maximum LPG production levels for 21 refineries and upstream companies.
5. What is the combined production potential specified under the new framework?
A) 43,810 tonnes per day
B) 53,810 tonnes per day
C) 63,810 tonnes per day
D) 73,810 tonnes per day
Answer: C) 63,810 tonnes per day
Explanation: The combined production potential under the framework has been set at approximately 63,810 tonnes per day.
6. The new LPG production limits will come into effect primarily when:
A) There is a supply constraint
B) Demand falls sharply
C) Exports increase
D) Oil prices reach a fixed level
Answer: A) There is a supply constraint
Explanation: The production limits are designed to operate when there is a supply constraint, helping maintain domestic availability of LPG.
7. Which company has been assigned the largest LPG production quota under the new framework?
A) Indian Oil Corporation
B) Bharat Petroleum
C) Hindustan Petroleum
D) Reliance Industries
Answer: D) Reliance Industries
Explanation: Reliance Industries has been assigned the largest share under the new LPG production-target framework.
8. LPG is primarily used in Indian households as:
A) Cooking fuel
B) Fertiliser
C) Construction material
D) Industrial metal
Answer: A) Cooking fuel
Explanation: Liquefied Petroleum Gas (LPG) is widely used as a cooking fuel in Indian households and is an important part of India’s domestic energy supply.
9. What does LPG stand for?
A) Liquid Petroleum Gas
B) Liquefied Petroleum Gas
C) Low Pressure Gas
D) Liquefied Power Gas
Answer: B) Liquefied Petroleum Gas
Explanation: LPG stands for Liquefied Petroleum Gas. It is widely used as a cooking fuel and is also used in several industrial applications.
10. Which company received the largest LPG production quota under the new framework?
A) Indian Oil Corporation
B) Bharat Petroleum Corporation
C) Reliance Industries
D) Hindustan Petroleum Corporation
Answer: C) Reliance Industries
Explanation: Reliance Industries was assigned the largest LPG production quota among the companies covered by the government’s new framework.
11. The new LPG production framework is particularly aimed at reducing India’s vulnerability to:
A) Import disruptions
B) Heavy rainfall
C) Railway delays
D) Food shortages
Answer: A) Import disruptions
Explanation: The framework is intended to strengthen domestic LPG production and reduce vulnerability to disruptions in imported LPG supplies.
12. Which type of companies are covered by the LPG production targets?
A) Only private companies
B) Only state-owned companies
C) Public- and private-sector refineries and upstream companies
D) Only foreign companies
Answer: C) Public- and private-sector refineries and upstream companies
Explanation: The government framework covers both public- and private-sector refineries and upstream companies involved in LPG production.
13. Approximately how much combined LPG production potential is covered by the framework?
A) 43,810 tonnes per day
B) 53,810 tonnes per day
C) 63,810 tonnes per day
D) 83,810 tonnes per day
Answer: C) 63,810 tonnes per day
Explanation: The combined production potential specified under the framework is approximately 63,810 tonnes per day.
14. Which ministry is responsible for India’s petroleum and natural gas sector?
A) Ministry of Petroleum and Natural Gas
B) Ministry of Heavy Industries
C) Ministry of Power
D) Ministry of Coal
Answer: A) Ministry of Petroleum and Natural Gas
Explanation: The Ministry of Petroleum and Natural Gas is responsible for policies and development related to petroleum, natural gas and associated energy resources in India.
15. What is the key significance of India’s new LPG production framework?
A) Strengthening domestic LPG supply security
B) Ending LPG consumption
C) Increasing dependence on imports
D) Reducing domestic refinery capacity
Answer: A) Strengthening domestic LPG supply security
Explanation: The major objective is to strengthen domestic LPG supply security by ensuring production capacity is available during periods of supply constraints and reducing dependence on vulnerable import routes.
Quick Revision
| Fact | Answer |
|---|---|
| Major News | LPG Production Targets |
| Full Form | Liquefied Petroleum Gas |
| Responsible Ministry | Ministry of Petroleum and Natural Gas |
| Companies Covered | 21 |
| Combined Production Potential | 63,810 tonnes/day |
| Largest Quota | Reliance Industries |
| Sector | Oil & Gas |
| Main Use of LPG | Cooking Fuel |
| Main Objective | Domestic Supply Security |
| Key Concern | Import Disruptions |
| Companies Covered | Public & Private Sector |
| Framework Applies During | Supply Constraints |
| Focus | Domestic LPG Production |
| Major Benefit | Stronger Energy Security |
| Important For | UPSC, SSC, Banking, Railway, Defence & State PCS |
Exam Tip
Energy and government policy-related current affairs are important for competitive examinations. While revising this news, remember the full form of LPG, concerned ministry, number of companies covered, total production potential, largest quota holder, and main objective of the framework. These factual details can be useful for UPSC, SSC CGL, CHSL, Banking, Railway, CDS, NDA, CAPF, and State PCS examinations.