answersLogoWhite

0

Government owned oil companies in India suffer losses as the prices of petroleum products are administered by the government. Even when the oil prices increase the government is not in a position to rise the prices automatically due to fear of loss of popularity. So the government issued oil bonds to cover the losses or to put it simply the loss was covered by the government without paying a single rupee from its funds. The oil companies can raise loans against the bonds but can they cash the same is a moot question.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What oils contain chemical double bonds?

Unsaturated in chemistry means that there are either carbon-carbon double bonds or triple bonds present in the compound. The oil is usually taken to be a naturally occuring vegetable oil which may be fat, a fatty acid- the term is very broad. In these there are only carbon-carbon double bonds. The oil could also be a mineral oil, - i.e. an alkene or alkyne.


What type of bond does oil have?

Oil typically consists of nonpolar covalent bonds. These bonds are formed when carbon and hydrogen atoms share electrons, resulting in a stable arrangement. The nonpolar nature of the bonds contributes to oil's hydrophobic properties.


Which type of bond is found in canola oil but not in butter?

Double bonds are found in canola oil but not in butter. Canola oil is rich in unsaturated fats, which contain double bonds in their chemical structure. On the other hand, butter is high in saturated fats, which do not contain double bonds.


How do you turn oil into energy?

burning oil causes bonds to break between the oil's molecules which releases energy


What type of bonding does an unsaturated oil contain?

An unsaturated oil contains covalent bonding, specifically double bonds between carbon atoms in the fatty acid chains. These double bonds create kinks in the chain, giving the oil a liquid consistency at room temperature.


Does mineral oil has unsaturated bonds?

Mineral oil is a saturated hydrocarbon, primarily composed of straight-chain or branched alkanes. It does not contain unsaturated bonds, which are characteristic of compounds with double or triple bonds between carbon atoms. Therefore, mineral oil is considered a fully saturated compound with no unsaturation in its structure.


what kind of potential energy does oil have?

Oil has chemical potential energy, as it stores energy in its molecular bonds. When these bonds are broken through combustion, the energy is released in the form of heat and light.


What kind of bonds hold the components of an oil molecule?

ester linkage


Do palm oil and coconut oil contain more double bonds?

Both of them are just very similar I think.


What two oils are classified as saturated fats because they lack double bonds?

palm oil and peanut oil


What are some household items that contain non-polar covalent bonds?

Some household items that contain non-polar covalent bonds are cooking oil, plastic containers, and gasoline. These substances consist of molecules with similar electronegativities, leading to shared electron pairs and non-polar covalent bonds.


An oil with one or more double bonds in the fatty acid?

An oil with one or more double bonds in the fatty acid is known as a polyunsaturated oil. This type of oil is liquid at room temperature and is considered heart-healthy because it can help lower cholesterol levels when consumed in place of saturated fats. Examples include soybean oil, corn oil, and sunflower oil.