2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How much crores has been approved by ONGC in 2008
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Rs 1, 946 crore
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Rs.3, 104 crore
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Rs.5050 crore
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Rs.4196 crore
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Explanation:
Detailed explanation-1: -In 2008, the stock fell to the lowest level of Rs 101.97 as against its 52-week low of Rs 51.80 hit on March 13.
Detailed explanation-2: -This means in July 2008 crude oil was priced at Rs. 5, 696 per barrel, and today, it’s priced at Rs. 4, 364 per barrel, which mean it has come down by over 23 per cent compared to 13 years ago.
Detailed explanation-3: -ONGC has also maintained its position as the 3rd ranked Exploration and Production company globally.
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