Multiple choice

Can you identify the oil company that has decided to sell kitchen items, railway tickets and insurance policies through its outlets?

  1. IOC

  2. HP

  3. BPCL

  4. Reliance
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A Correct answer
Explanation

IOC (Indian Oil Corporation) diversified its business by selling kitchen items (cooking gas, stoves), railway tickets, and insurance policies through its extensive retail outlet network across India. This strategic diversification leveraged IOC's widespread fuel station presence to become a multi-product retail destination. HP, BPCL, and Reliance did not pursue this specific multi-product retail strategy at that time.

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