Figure 7 Impact on Indian Economy

Chart Title
5

4.5

3.5

2.5

1.5

0.5

0
Yes No

From the above figure we can see that Impact of crude oil price is directly
related to its impact on Indian economy.
Figure 8 Changes in crude oil affects GDP ?

Affects

Yes No

Figure 9 Should India take step to reduce their Imports?

uncertain agree strongly agree

14

12

10

0
Yes India should take steps to reduce their imports and all of us strongly
agree but such kind of natural resource is not in our hand.

Figure 10 Stability of rates in near future.

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Category 1

strongly agree Column1 Column2

Due to certain policy and economic and natural situation in the country itself
as well as around the world there can never be stability in the rates of crude
oil.
Figure 11 Crude oil leads to reduction in Economic growth of India?

Column2 Column3

18

1 1

Due to more Imports foreign exchange goes out and our imports increases
which also increases our liability so it reduces the economic growth of the
country.
Figure 12 Does there is any impact in final product of consumption due to increase or
decrease in oil price?

agree uncertain

Since in each and every transportation activities oil is consumed it definitely has overall impact
on consumption of final goods and leads to increase in final rates of the product.
Figure 13 Increase in population and there usage of vehicle affects crude oil price?

20

18

16

14

12

10

0
No Yes

Yes definitely more population more vehicle and more vehicle means more consumption of oil
and leads to more imports. Hence more demand increase in price.

Figure 14 You think due to over usage of crude oil Indias dependence on other countries will
increase ?
 Strongly Agree Agree Uncertain

Figure 15 . Does change in political policy effects anyway in crude oil price?
 Political Policy

0 2 4 6 8 10 12 14 16

Yes No Uncertain

Something like crude oil is natural product so change in policy will not affect
much to its rates but yes van help little bit. Till some extend.