Consider the following statements: I. India has joined the Minerals Security Partnership as a member. II. India is a resource-rich country in all the 30 critical minerals that it has identified. III. The Parliament in 2023 amended the Mines and Minerals (Development and Regulation) Act, 1957 empowering the Central Government to exclusively auction mining leases and composite licenses for certain critical minerals. Which of the statements given above are correct?
Question:
Consider the following statements: I. India has joined the Minerals Security Partnership as a member. II. India is a resource-rich country in all the 30 critical minerals that it has identified. III. The Parliament in 2023 amended the Mines and Minerals (Development and Regulation) Act, 1957 empowering the Central Government to exclusively auction mining leases and composite licenses for certain critical minerals. Which of the statements given above are correct?
Consider the following statements: I. India has joined the Minerals Security Partnership as a member. II. India is a resource-rich country in all the 30 critical minerals that it has identified. III. The Parliament in 2023 amended the Mines and Minerals (Development and Regulation) Act, 1957 empowering the Central Government to exclusively auction mining leases and composite licenses for certain critical minerals. Which of the statements given above are correct?
Options
Answer: I and III only
Explanation:
India became a member of the Minerals Security Partnership in 2023. It is not resource-rich in all 30 critical minerals, but the 2023 amendment allows the Centre to auction certain critical mineral blocks.
Explanation:
India became a member of the Minerals Security Partnership in 2023. It is not resource-rich in all 30 critical minerals, but the 2023 amendment allows the Centre to auction certain critical mineral blocks.
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