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Recently, International Energy Agency has invited India to become its full time member. In order to become a full time member, a country has to fulfill which of the following conditions?
1. It must be a member country of Organisation for Economic Co-operation and Development.
2. It must have crude oil reserves equivalent to 90 days of the previous year‟s net imports.
3. It has to demonstrate a demand restraint programme to reduce national oil consumption by up to 10%.
Select the correct answer using code given below.
  • a)
    1 and 2 only
  • b)
    2 and 3 only
  • c)
    1 and 3 only
  • d)
    1, 2 and 3 
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Recently, International Energy Agency has invited India to become its ...
  • International Energy Agency (IEA) has invited India, the world's third-largest energy consumer, to become its full-time member. India in March 2017 became an associate member of the Paris-based body which advises industrialised nations on energy policies. 
  • The IEA was founded in 1974 by industrialised countries - within the framework of the Organisation for Economic Co-operation and Development (OECD) - in response to the oil embargo. IEA is made up of 30 member countries and eight associate nations. Starting in 2015, the IEA has been opening its doors to major emerging economies that are at the centre of the global conversation on energy.
  • Criteria for membership: 
    1. A candidate country to the IEA must be a member country of the OECD. Hence statement 1 is correct. 
    2. In addition, it must demonstrate several requirements. These are:  Crude oil and/or product reserves equivalent to 90 days of the previous year’s net imports, to which the government has immediate access and could be used to address disruptions to global oil supply; Hence statement 2 is correct.  
  • A demand restraint programme to reduce national oil consumption by up to 10%; Hence statement 3 is correct.  Legislation and organisation to operate the Co-ordinated Emergency Response Measures (CERM) on a national basis;  Legislation and measures to ensure that all oil companies under its jurisdiction report information upon request;  Measures in place to ensure the capability of contributing its share of an IEA collective action. 
  • At present India has oil reserves equal to 74 days and strategic oil reserves equal to 9.5 days of its requirements.
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Community Answer
Recently, International Energy Agency has invited India to become its ...

Conditions to become a full-time member of the International Energy Agency:

Member of OECD:
To become a full-time member of the International Energy Agency, a country must be a member of the Organisation for Economic Co-operation and Development (OECD). This is one of the key conditions that need to be fulfilled.

Crude oil reserves:
The country must have crude oil reserves equivalent to 90 days of the previous year's net imports. This condition ensures that the country has a strategic reserve of crude oil to meet its energy needs in case of disruptions in the global supply chain.

Demand restraint programme:
The country has to demonstrate a demand restraint programme to reduce national oil consumption by up to 10%. This is aimed at promoting energy efficiency and reducing dependence on fossil fuels.

Therefore, to become a full-time member of the International Energy Agency, a country must fulfill all three conditions mentioned above. India has been invited to become a full-time member of the IEA based on its growing energy needs and strategic importance in the global energy landscape.
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Recently, International Energy Agency has invited India to become its full time member. In order to become a full time member, a country has to fulfill which of the following conditions?1. It must be a member country of Organisation for Economic Co-operation and Development.2. It must have crude oil reserves equivalent to 90 days of the previous years net imports.3. It has to demonstrate a demand restraint programme to reduce national oil consumption by up to 10%.Select the correct answer using code given below.a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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Recently, International Energy Agency has invited India to become its full time member. In order to become a full time member, a country has to fulfill which of the following conditions?1. It must be a member country of Organisation for Economic Co-operation and Development.2. It must have crude oil reserves equivalent to 90 days of the previous years net imports.3. It has to demonstrate a demand restraint programme to reduce national oil consumption by up to 10%.Select the correct answer using code given below.a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Recently, International Energy Agency has invited India to become its full time member. In order to become a full time member, a country has to fulfill which of the following conditions?1. It must be a member country of Organisation for Economic Co-operation and Development.2. It must have crude oil reserves equivalent to 90 days of the previous years net imports.3. It has to demonstrate a demand restraint programme to reduce national oil consumption by up to 10%.Select the correct answer using code given below.a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Recently, International Energy Agency has invited India to become its full time member. In order to become a full time member, a country has to fulfill which of the following conditions?1. It must be a member country of Organisation for Economic Co-operation and Development.2. It must have crude oil reserves equivalent to 90 days of the previous years net imports.3. It has to demonstrate a demand restraint programme to reduce national oil consumption by up to 10%.Select the correct answer using code given below.a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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