Consider the following statements: I. India has joined the Minerals Security Partnership as a member. II.…

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 has amended the Mines and Minerals (Development and Regulation) Act, 1957 empowering the Central Government to exclusively auction mining lease and composite license for certain critical minerals. Which of the statements given above are correct?
  1. I and II only
  2. II and III only
  3. I and III only
  4. I, II and III

Solution

India joined MSP in June 2023 (I correct). India is import-dependent for many critical minerals; not resource-rich in all 30 (II incorrect). The MMDR Amendment Act 2023 empowers the Centre to exclusively auction certain critical and strategic minerals (III correct).

Asked in: UPSC Prelims 2025

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