How is the ATF price stabilisation support of June 2026 given to oil marketing companies?

As a grant that is never repaidCorrect answerYour answerAs a cut in GST on ATFCorrect answerYour answerAs a loan from the Reserve BankCorrect answerYour answerAs an interest-free advance, to be recovered when prices easeCorrect answerYour answer

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CorrectNot quiteAnswer D

Correct answer: D

It is an interest-free advance through the Petroleum Ministry's Demands for Grants.
When prices moderate, the money is recovered and returned to the Consolidated Fund of India.

Concept: How the ATF fund works
Typical timeTypical: 65 s
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Written from: pib.gov.in

How is the ATF price stabilisation support of June 2026 given to oil marketing companies?

Explanation