WBCS.LIVE practice question

Over __________ of India’s Crude Oil is imported.

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 50%
  2. 60%
  3. 70%
  4. 80%

Correct answer and explanation

Correct answer: 80%

Explanation: ✅ Correct Answer: D) 80% 📚 Explanation: India relies heavily on international energy markets, importing over 80% of its total crude oil requirements to satisfy its domestic transportation and industrial needs. This massive import bill makes the Indian economy sensitive to fluctuations in global oil prices. The high cost of oil imports significantly impacts the country's current account deficit and trade balance. Developing domestic renewable energy sources is a major national policy goal to reduce this dependency.