Reduce country's oil import dependence by 10 per cent by 2022
Q. Which of the following strategies are followed by the government to reduce oil import dependence?
1) Raising domestic output
2) Mixing bio-fuels like ethanol in auto fuels
3) Increasing exports for earning foreign exchange- Published on 08 Feb 16a. 1 and 2
b. 1 and 3
c. Only 1
d. All of the above
ANSWER: 1 and 2
- Government is targeting to reduce country's oil import dependence by 10 per cent by 2022.
- It will be by creating policy environment that supports raising domestic output and mixing bio-fuels like ethanol in auto fuels.
- Government is also appealing for th manufacturers of automobiles and equipment which use fuel to increase efficiency.
- Government is also appealing to citizens to reduce the use of fuels.
