Question : In June 2022, the "Cabinet Committee on Economic Affairs" has approved deregulation of________.
Option 1: sale of Defence Equipment
Option 2: sale of Nuclear Weapons
Option 3: sale of Domestically Produced Crude Oil
Option 4: sale of Chemical Weapons

Question

Question : In June 2022, the "Cabinet Committee on Economic Affairs" has approved deregulation of________.

Option 1: sale of Defence Equipment

Option 2: sale of Nuclear Weapons

Option 3: sale of Domestically Produced Crude Oil

Option 4: sale of Chemical Weapons

Team Careers360 · Accepted Answer

Correct Answer: sale of Domestically Produced Crude Oil

Solution : The correct answer is the sale of Domestically Produced Crude Oil.

The Cabinet Committee on Economic Affairs (CCEA) has approved the deregulation of the sale of domestically produced crude oil. This decision, aimed at providing marketing freedom to exploration and production companies, involves waiving off the condition in Production Sharing Contracts that mandate selling crude oil to the government or its nominee. Exploration and production companies are now free to sell crude oil from their fields in the domestic market, while government revenues such as royalty and cess will be consistently calculated.

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Question : In June 2022, the "Cabinet Committee on Economic Affairs" has approved deregulation of________.
Option 1: sale of Defence Equipment
Option 2: sale of Nuclear Weapons
Option 3: sale of Domestically Produced Crude Oil
Option 4: sale of Chemical Weapons

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Question : In June 2022, the "Cabinet Committee on Economic Affairs" has approved deregulation of________.Option 1: sale of Defence EquipmentOption 2: sale of Nuclear WeaponsOption 3: sale of Domestically Produced Crude OilOption 4: sale of Chemical Weapons

Related Questions

Question : The Pradhan Mantri Garib Kalyan Anna Yojana has been approved for extension by the Union Cabinet till:Option 1: January 2023Option 2: October 2022Option 3: September 2022Option 4: November 2022

Question : Which Indian ministry introduced the Jammu and Kashmir Reorganization Bill, 2019?Option 1: Ministry of DefenceOption 2: Ministry of Parliamentary AffairsOption 3: Ministry of Home AffairsOption 4: Ministry of External Affairs

Question : The Inter-State Council consists of________ ministers of Cabinet rank in the Union Council of Ministers nominated by the Prime Minister of India.Option 1: sixOption 2: twoOption 3: tenOption 4: four

Question : The equipment "shuttlecock" is required in which sports?Option 1: BasketballOption 2: BilliardsOption 3: BaseballOption 4: Badminton