India's domestic LPG price is linked to an international benchmark. Which option describes it correctly?

Saudi Aramco CP, set monthly, with India using a 50:50 propane-butane blend. The benchmark is Saudi Aramco's Contract Price (CP). Aramco sets it monthly. India uses a 50:50 propane-butane blend for import parity. The government does not set CP. Brent and Henry Hub are not the LPG benchmark. Read more: LPG Pricing in India: From Saudi CP to the Kitchen

Consider the following statements about LPG in India: 1. From FY 2026-27, the PMUY subsidy of Rs 300 applies to the first four refills a year. 2. PMUY subsidy is paid by Direct Benefit Transfer to the beneficiary's bank account. 3. The 19 kg commercial cylinder is sold at a regulated price, like the domestic 14.2 kg cylinder. Which of the statements given above is/are correct?

1 and 2 only. Statements 1 and 2 are correct. The refill cap fell from 9 to 4, but the Rs 300 amount is unchanged. The subsidy goes by DBT. Statement 3 is wrong. The 19 kg commercial cylinder is market-priced and revised monthly. Only domestic LPG is regulated. Read more: LPG Pricing in India: From Saudi CP to the Kitchen

Assertion (A): Oil marketing companies faced large LPG under-recoveries in 2026, even after domestic prices were raised. Reason (R): Domestic LPG is sold at regulated prices, while its cost follows the Saudi CP, which rose about 46% between February and June 2026. Which one of the following is correct?

Both A and R are true, and R is the correct explanation of A. Both are true and R explains A. Saudi CP rose from US$542.50/t to US$790/t. The cylinder cost exceeded Rs 1,600 in June 2026. The regulated price was far lower, leaving an under-recovery of about Rs 700. Price hikes of Rs 60 and Rs 29 did not close the gap. Read more: LPG Pricing in India: From Saudi CP to the Kitchen

Under PMUY, the subsidy was Rs 300 per refill for up to 9 refills in FY 2025-26. From FY 2026-27 it applies to the first four refills. By how much does the maximum annual subsidy per household fall?

Rs 1,500. The earlier maximum was 9 x Rs 300 = Rs 2,700. The new maximum is 4 x Rs 300 = Rs 1,200. The fall is Rs 1,500. Rs 1,200 is the new cap, and Rs 2,700 is the old cap. Neither is the fall. Read more: LPG Pricing in India: From Saudi CP to the Kitchen

As on 31 August 2026, the number of domestic PNG connections in India was about:

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As on 31 August 2026, the number of domestic PNG connections in India was about:

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