GK
IMPORTANT ACTS OF THE PARLIAMENT OF INDIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Oil and Natural Gas Commission (Transfer of Undertaking and Repeal) Act____
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1993
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1995
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1997
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1999
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Explanation:
Detailed explanation-1: -the Oilfields (Regulation and Development) Act, 1948 (the Oilfields Act): The Oilfields Act is the primary legislation governing the upstream oil and gas sector. The Oilfields Act incorporates provisions relating to licensing and leasing of oil and gas blocks.
Detailed explanation-2: -In 1956, the Oil and Natural Gas Corporation was established to search for the deposits of mineral oil and natural gas and to increase their production. After Digboi in Assam, mineral oil deposits were found in the Ankleshwar area in Gujarat.
There is 1 question to complete.