CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who launched SATAT Initiative?
A
Petroleum Minister
B
Finance Minister
C
Minister of Home Affairs
D
Minister of Finance
Explanation: 

Detailed explanation-1: -The Scheme was launched in October 2018 by the Ministry of Petroleum and Natural Gas in collaboration with several oil related public sector units like Bharat Petroleum Corporation and Hindustan Petroleum Corporation.

Detailed explanation-2: -In addition to natural gas, an initiative called “Sustainable Alternative Towards Affordable Transportation” (SATAT) has been taken up to extract economic value from bio-mass waste in the form of Compressed Bio Gas (CBG) and bio-manure.

Detailed explanation-3: -Sustainable Alternative Towards Affordable Transportation (SATAT) is an initiative aimed at setting up of Compressed Bio-Gas production plants and make it available in the market for use in automotive fuels by inviting Expression of Interest from potential entrepreneurs.

Detailed explanation-4: -SATAT initiative has the potential of addressing environmental problems arising from stubble burning. Through the use of CBG – Compressed Bio-gas SATAT will help bring down dependency on crude oil imports and in enhancing farmers’ income, rural employment and entrepreneurship.

There is 1 question to complete.