Multiple choice

Directions: Select the correct alternative from the given options:

Which company has launched “Sagar Samriddhi”, a project to increase oil refining and production?

  1. IOC

  2. IBP

  3. ONGC

  4. HPCL
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

ONGC (Oil and Natural Gas Corporation) launched the 'Sagar Samriddhi' project to enhance offshore oil exploration and production capabilities in India's territorial waters. This deep-water drilling project aimed to increase India's domestic crude oil production and reduce import dependence. IOC, IBP, and HPCL are refining and marketing companies, not primarily exploration-focused.

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