The Panipat refinery located in Haryana belongs to which public sector company?
- A.Bharat Petroleum Corporation Limited
- B.Hindustan Petroleum Corporation Limited
- C.Indian Oil Corporation Limited
- D.Oil and Natural Gas Corporation
Correct answer
Explanation
The correct answer is C, Indian Oil Corporation Limited. The Panipat refinery, commissioned in 1998, is an Indian Oil refinery and is the only refinery in Haryana; a naphtha cracker and petrochemical complex were later built alongside it, which makes Panipat an energy and petrochemical centre as well as a textile town. Option A, Bharat Petroleum, runs refineries at Mumbai, Kochi and Bina in Madhya Pradesh. Option B, Hindustan Petroleum, runs refineries at Mumbai and Visakhapatnam and a joint venture refinery at Bathinda in Punjab, which is the nearest refinery to Haryana and therefore the strongest distractor. Option D, the Oil and Natural Gas Corporation, is chiefly an exploration and production company and its refining interests are held through a subsidiary in Gujarat. Pair the refinery with its owner and its state.
Read the full article: Economy and State Budget of Haryana: Facts and Articles
Practice Questions
View allWhich sector contributes the largest share to the gross state value added of Haryana?
- A.Agriculture
- B.Mining and quarrying
- C.Industry
- D.Services
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As in India as a whole, the services sector, which covers trade, transport, real estate, finance, information technology and public administration, contributes the largest share of Haryana's gross state value added, and the corporate and information technology economy of Gurugram is a large part of it.
Read the full explanation →Which city is Haryana's main information technology and corporate hub and its largest contributor of state revenue?
- A.Gurugram
- B.Ambala
- C.Karnal
- D.Hisar
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Lying in the National Capital Region next to Delhi, Gurugram holds the state's largest concentration of information technology and business process management firms, corporate head offices, malls and high-value real estate, and it also has car manufacturing, so it yields the biggest share of the state's goods and services tax…
Read the full explanation →Panipat in Haryana is best known for which traditional industry?
- A.Plywood and paper
- B.Handloom and textile furnishings
- C.Brassware
- D.Footwear and ceramics
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Panipat is called the city of weavers and is a national centre for handloom products such as blankets, carpets, durries and furnishings, much of it made from recycled yarn, and the trade grew after refugee weavers settled there following Partition.
Read the full explanation →The Annual Financial Statement of a state, that is the state budget, is laid before the legislature under which Article of the Constitution?
- A.Article 112
- B.Article 199
- C.Article 202
- D.Article 266
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Article 202 requires the Governor to cause the Annual Financial Statement, the estimated receipts and expenditure of the state for a financial year, to be laid before the House or Houses of the legislature, and this statement is what is called the budget of Haryana.
Read the full explanation →No money can be withdrawn from the Consolidated Fund of Haryana except under an Appropriation Act passed under which Article?
- A.Article 203
- B.Article 204
- C.Article 205
- D.Article 206
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After the legislature votes the demands for grants, an Appropriation Bill is introduced under Article 204 to authorise withdrawal from the Consolidated Fund of the State for the granted sums and for the charged expenditure, and no money may leave that fund without such an Act.
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