1) Which one of the following options is not the key feature of this policy ?
a) Single license system.
b) Profit- sharing mechanism.
c) Open acreage policy.
d) Marketing and pricing freedom.
2) The former ' New Exploration Licensing Policy (NELP) provided for :
a) Revenue sharing mechanism.
b) Multiple licensing regime.
c) Price regulation by government.
d) Both b and c
Answers :
1) b, Revenue sharing mechanism
2) d
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