Gas Authority of India Limited (GAIL) is primarily engaged in the transportation, processing, and marketing of natural gas. It plays a crucial role in the natural gas infrastructure in India, ensuring that the gas is available to industries, power plants, and other sectors in a timely manner. GAIL also focuses on the development of pipelines and other infrastructure for the distribution of natural gas across the country.
- Option (A) is incorrect as GAIL's role involves more than just storing gas.
- Option (B) is also incomplete as it only addresses the allocation aspect.
- Option (C) is correct because it encapsulates GAIL's full role in the natural gas industry, including transportation, processing, and marketing.
- Option (D) is incorrect as it focuses only on selling stored gas, which is not the primary objective of GAIL.
Thus, the correct answer is (C) To transport, process and market natural gas.
Read the following text carefully:
Union Food and Consumer Affairs Minister said that the Central Government has taken many proactive steps in the past few years to control retail prices of food items. He said that the government aims to keep inflation under control without compromising the country’s economic growth. Retail inflation inched up to a three-month high of 5.55% in November 2023 driven by higher food prices. Inflation has been declining since August 2023, when it touched 6.83%. 140 new price monitoring centres had been set up by the Central Government to keep a close watch on wholesale and retail prices of essential commodities. The Government has banned the export of many food items like wheat, broken rice, non-basmati white rice, onions etc. It has also reduced import duties on edible oils and pulses to boost domestic supply and control price rise. On the basis of the given text and common understanding,
answer the following questions: