BPCL General Workman Trainee Old Question Paper | 55870

 

BPCL General Workman Trainee Old Question Paper:

Bharat Petroleum Corporation Limited (BPCL) is a Government of India controlled Maharatna oil and gas company headquartered in Mumbai, Maharashtra.The Corporation operates two large refineries of the country located in Kochi and Mumbai.The company is India's 2nd largest downstream oil company and is ranked 342nd on the Fortune list of the world's biggest corporations as of 2016.In 2018 , BPCL ranked 672 in the Forbes 2018.

In the mid 1950s, the company began to sell LPG cylinders to homes in India and further expanded its delivery network. It also marketed kerosene, diesel and petrol in cans in order to reach remote parts of India. In 1951, the Burmah shell began to build a refinery in Trombay (Mahul, Maharashtra) under an agreement with the Government of India.

In 2003, the government attempted to further privatize the company. However, following a petition by the Centre for Public Interest Litigation, the Supreme Court restrained the Central government from privatizing Hindustan Petroleum and Bharat Petroleum without the approval of Parliament.As counsel for the CPIL, Rajinder Sachar and Prashant Bhushan said that the only way to disinvest in the companies would be to repeal or amend the Acts by which they were nationalized in the 1970s.As a result, the government would need a majority in both houses to push through any privatization.

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