Question

The union government recently relaxed the norms for setting up petrol pumps. As per the norms, which companies will be allowed to run petrol pumps?
a.Non-oil companies
b.Manufacturing companies
c.It companies
d.Outsourcing companies

Answer 1

Option A is correct

Non-oil companies

Explanation:

• Government opens fuel retailing norms and allows non-oil companies to set up petrol pumps.
• The government took this step to increase competition and investment in the industry.
• The cabinet took this step and also allowed 5 per cent outlet in the rural areas to include them in the mainstream as well.
• This step will bring in more investments

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