Related Questions

In a world of many trading countries, the trade between two countries need not be balanced for the trade of each to be in global balance. Differing demands and productive capabilities among countries will cause a specific country to have trade deficits with some countries and surplus with other countries. Which of the following statements best summarizes the above?
A A country's trade will always be in balance even though it runs a deficit with a single country.
B A country's trade deficits and surpluses with other countries always balance out.
C A country's global trade balance is a sign of strength or weakness.
D A country's global trade balance is determined by relative demand and productive capabilities.
In a refinery petroleum crude is fractionated into gas fraction, light ends, intermediate distillates, heavy distillates, residues and by products. The group of products including gas oil, diesel oil and heavy fuel oil belongs to the fraction
A Heavy distillates
B Intermediate distillates
C Light ends
D Residues
__________ chloride present in crude petroleum as impurity is the most prolific producer of HCl during distillation.
A Magnesium
B Potassium
C Calcium
D Sodium
Paraffin base crude oil as compared to asphalt base crude gives
A Higher yield of straight run gasoline
B Higher octane number gasoline
C Lower viscosity index lube oil
D Poorer yield of lube oil
__________ base crude oil is also called asphaltic crude.
A Paraffinic
B Naphthenic
C Mixed
D Aromatic
The characterisation factor of crude petroleum oil is around
A 3
B 11
C 22
D 28
Crude petroleum oil is a __________ fuel.
A Primary
B Fossil
C Both A & B
D Secondary
The principal monetary policy objective is to reduce substantially the import surplus of the coming years while resuming economic growth. Realization of this goal entails a marked structural change of the economy, which can be brought about by freezing th
A Economic growth will result in a structural change of the economy
B Only if people consume less can the economy grow
C The import surplus can be reduced if investment is restricted
D Only a structural change in the economy can substantially increase imports
Sour crude means the __________ bearing crude.
A Asphalt
B Sulphur compounds
C Wax
D Nitrogen compounds
Crude oils containing more than __________ kg of total salts (expressed in terms of NaCl) per thousand barrel is called a 'salty crude'.
A 1
B 5
C 15
D 25

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