UPSC CSE 2020 · PYQ · International Economy · medium
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
Answer
The correct answer is B: Crude oil. West Texas Intermediate (WTI) is a grade of light, sweet crude oil that serves as a major benchmark for oil pricing globally.
A.Uranium
B.Crude oil✓ Correct
C.Bullion
D.Rare earth elements
Explanation
West Texas Intermediate (WTI) is a grade of light, sweet crude oil that serves as a major benchmark for oil pricing globally.
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