Multiple Choice Questions on South Africa is leading exporter of which mineral ........ for SEBI Grade A ( Officer) Exam Preparation

Balance of Payment and Foreign Exchange Markets

Economics- Phase (I & II)

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Indian Economy - Understanding the basics of Indian economic system

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    South Africa is leading exporter of which mineral?

    Copper

    Incorrect Answer

    Diamond

    Incorrect Answer

    Silver

    Incorrect Answer

    Gold

    Correct Answer
    Explanation:

    - South Africa is well-known for its mineral wealth.

    - Option 1, Copper: South Africa has some copper deposits but is not the leading exporter.

    - Option 2, Diamond: South Africa has a rich history with diamonds but isn't the largest exporter in the current market.

    - Option 3, Silver: South Africa does produce silver, but in smaller quantities compared to other minerals.

    - Option 4, Gold: Historically, South Africa was a leading producer of gold. While production has decreased over the years, it still plays a significant role in the gold market.

    Given the options, Gold (Option 4) is indeed a historically significant mineral from South Africa.


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