Question

india has to import crude oil . what problems do you anticipate for the country looking at the above situation?

Answer 1

Once you have taken a dip in water (or oil) you should know how to swim... unless india earns enough forex every year... it will fast travel to middle ages.
Rate is uncertain so also the quantity to be imported because of crude oil producer s production programme.Due to this,your refinery may be kept idle or if quantity is in excess of the refining capacity,storage problem arises.Transport is another problem if capacity of a particular harbour is not matching with the arrival of ship.etc......