CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Around 54, 000 petrol pumps across India to remain shut on
A
October 13
B
October 10
C
October 15
D
October 17
Explanation: 

Detailed explanation-1: -Several pumps of Shell, Nayara and Jio-bp are shut claiming that customers are now opting for IOC, BPCL, HPCL and they can’t compete with these companies.

Detailed explanation-2: -Now, the government-owned refineries are able to absorb these temporary losses, and the private refineries are beginning to shut down for the moment. They are not able to sustain their businesses because of operational losses. As a result, the supply of petrol and diesel has become a bit short.

Detailed explanation-3: -FAQs on Petrol Pump Companies in India There are about 64, 600 fuel stations in India. Over 87% of them are operated by government-owned companies like HPCL, BPCL etc.

There is 1 question to complete.