Which of the following statements is are correct regarding polymetallic nodules PMN 1 These are rock...........

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Which of the following statements is/are correct regarding polymetallic nodules (PMN)?

1. These are rocks scattered on the seabed containing iron, manganese, nickel and cobalt.

2. These rocks are not found in Indian Ocean region.

Choose the correct answer using the codes below-

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Polymetallic nodules (PMN) are rocks scattered on the seabed containing iron, manganese, nickel and cobalt. Being able to lay hands on even 10% of that reserve can meet the energy requirement for the next 100 years. It has been estimated that 380 million metric tonnes of polymetallic nodules are available at the bottom of the seas in the Central Indian Ocean. India’s Exclusive Economic Zone spreads over 2.2 million sq. km. and in the deep sea, lies “unexplored and unutilised”.

Recently, India has been allotted a site of 75,000 sq. km. in the Central Indian Ocean Basin (CIOB) by the UN International Sea Bed Authority for exploitation of polymetallic nodules (PMN).