State whether true/false.

Petroleum refineries act as a nodal industry.

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True

False

answer is A.

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Detailed Solution

The given statement is True. Nodal Industries are in charge of supplying raw materials to other production facilities. These sectors produce goods that the nodal industry needs. Oil, iron, and steel industries are nodal enterprises. One of the nodal industries is petroleum refineries. It is because petroleum refineries supply raw materials for numerous industrial businesses, including synthetic textile fertiliser and a vast array of chemical industries, as well as fuel for heating and lighting systems, lubricants for machinery, and fuel for machines. Petroleum, often known as mineral oil, is India's second-largest energy source after coal. Digboi, Naharkatiya, and Moran-Hugrijan are Assam state's three most significant oil fields.

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