SSC CHSL 2024 PYQ — Question 42

SSC CHSL - 09 July 2024 - Shift 1 • General Awareness • Q42

Oil India Limited (OIL) is under the administrative structure of:

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. Ministry of Petroleum and Natural Gas.

Oil India Limited (OIL) is under the administrative control of the Ministry of Petroleum and Natural Gas (MoPNG). OIL is a government-owned company that explores, develops, and produces crude oil and natural gas. 

Explanation

  • The MoPNG is responsible for the exploration, production, refining, distribution, marketing, import, export, and conservation of petroleum and natural gas. 
  • OIL is India's second largest national oil and gas company. It has a presence across India and in other countries. 
  • OIL has a long history of hydrocarbon exploration and production. It has a well-balanced asset portfolio that focuses on crude oil and natural gas production.