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OPEC and Global Energy Politics

1 UPSC Prelims MCQs tagged "OPEC and Global Energy Politics". Free practice with answer keys, explanations, and timed mock tests on Anantam IAS.

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  1. Consider the following statements regarding the OPEC grouping:

    Consider the following statements regarding the OPEC grouping:

    1. AOnly one
    2. BOnly two
    3. CAll three
    4. DNone of the above
    Answer and explanation

    Correct answer: D

    OPEC steers markets through production targets and quotas, not export quotas, so statement 1 is reversed and wrong. The UAE wasn't the first to leave; Ecuador exited as far back as 1992, well before Indonesia, Qatar and the UAE's 2026 departure, so statement 2 is wrong. OPEC has never been confined to Asia and Africa, since founding member Venezuela and later Ecuador are in South America, so statement 3 is wrong too. None of the three are correct.

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    International Relations UPSC GPSC-2026 Hard