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

Geography Minerals

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?

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UPSC CSE 2025 (General Studies-1)

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I and II only

II and III only

I and III only

I, II and III

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Explanation:

- Statement I: India has joined the Minerals Security Partnership as a member.

- This statement is correct as India is indeed a member of the Minerals Security Partnership, an initiative aimed at securing supply chains for critical minerals.

- Statement II: India is a resource-rich country in all the 30 critical minerals that it has identified.

- This statement is incorrect. While India has identified 30 critical minerals, it is not necessarily resource-rich in all of them. Many of these minerals are imported to meet demand.

- Statement 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.

- This statement is correct. The 2023 amendment allows the central government control over the auctioning process for certain critical minerals.

- Option 3: I and III only

- Correct Answer: