Q. Consider the following statements regarding the Organization of the Petroleum Exporting Countries (OPEC):
1.Its headquarters is located in Vienna, Austria.
2.Russia is a member of OPEC.
3.Iraq is the largest contributor to OPEC’s crude oil production in 2025
How many of the statements given above is/are correct?
Answer: A
Notes:
Explanation:
- Statement 1 is correct – OPEC headquarters is in Vienna.
- Statement 2 is incorrect – Russia is not an OPEC member; it is part of OPEC+.
- Statement 3 is incorrect – Saudi Arabia, not Iraq, is the largest producer within OPEC.
Source- IE
