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Consider the following statements regarding the Organization of the Petroleum Exporting Countries(OPEC): It was established as a consequence of the 1973 oil crisis. Both Iran and Saudi Arabia were among the founding members of OPEC.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. 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 Consider the following statements regarding the Organization of the Petroleum Exporting Countries(OPEC): It was established as a consequence of the 1973 oil crisis. Both Iran and Saudi Arabia were among the founding members of OPEC.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the Organization of the Petroleum Exporting Countries(OPEC): It was established as a consequence of the 1973 oil crisis. Both Iran and Saudi Arabia were among the founding members of OPEC.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.

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