UPSC 2011 • Q31Indian Economy & Socio-Economic DevelopmentMedium
External Sector, Trade & Balance of Payments
In the context of global oil prices, "Brent crude oil" is frequently referred to in the news. What does this term imply?
1. It is a major classification of crude oil.
2. It is sourced from North Sea.
3. It does not contain sulphur.
Which of the statements given above is/are correct?