Question

- India has to import crude oil. What problems do you anticipate for the country looking at the given situation? a. The future is bright because the reserves of oil would last only 50 years more. b. The future is bleak because the reserves of oil would last only 50 years more. c. The future is safe and secure because the reserves of oil would last only 50 years more. d. All of the above​

Answer 1

Answer:

Though India has vast deposits of crude oil and natural gas, very little is tapped and that does not meet its domestic needs. Hence, it has to import 82% of its crude oil requirements. India depends on countries like Saudi Arabia and Iran for its crude imports.29-Mar-2018