question_answer

Explain one reason for the import of petroleum and its products in large quantities in India.

Answer:

Reason for the import of petroleum and its products in large quantities in India is as follows:

(i) Production of petroleum and its product is less than requirement in India.

(ii) It is used as a fuel.

(iii) It is also used as an industrial raw material.

(iv) Demand increased due to rise in population and no. of vehicles on the roads.