Consider the following statements: 1. The Global Ocean Commission grants licences for seabed exploration and…
Consider the following statements: 1. The Global Ocean Commission grants licences for seabed exploration and mining in international waters. 2. India has received licences for seabed mineral exploration in international waters. 3. 'Rare earth minerals' are present on seafloor in international waters. Which of the statements given above are correct?
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Solution
Licences for seabed exploration in international waters are granted by the International Seabed Authority (ISA), not the Global Ocean Commission (Statement 1 incorrect). India has received licences from the ISA for seabed mineral exploration (Statement 2 correct). Rare earth minerals are indeed found on the international seafloor (Statement 3 correct).