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Energy Security - Strategic Petroleum Reserves

1 UPSC Prelims MCQs tagged "Energy Security - Strategic Petroleum Reserves". Free practice with answer keys, explanations, and timed mock tests on Anantam IAS.

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  1. Recent global conflicts have underscored the importance of domestic Strategic Petroleum Reserves (SPR). With…

    Recent global conflicts have underscored the importance of domestic Strategic Petroleum Reserves (SPR). With reference to India's SPR programme, consider the following statements:

    1. AOnly 1
    2. BOnly 2
    3. CBoth 1 and 2
    4. DNeither 1 nor 2
    Answer and explanation

    Correct answer: B

    Phase-I caverns aren't confined to the west coast: Visakhapatnam sits on the east coast, while Mangalore and Padur are on the west, so statement 1 is wrong. Statement 2 is right, as the Indian Strategic Petroleum Reserves Limited is a Special Purpose Vehicle set up to build and run these crude storage facilities.

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    Indian Economy UPSC GPSC-2026 Medium