Minerals Security Partnership / Critical Minerals
Question
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?
Options
I and II only
II and III only
I and III only
I, II and III
Explanation
Statements I and III are correct. Statement II is incorrect.
India joined the US-led Minerals Security Partnership (MSP) in 2023. The 2023 MMDR Amendment allows the Central Government to auction 24 critical minerals. However, India is highly import-dependent for critical minerals like lithium, cobalt, and nickel, not resource-rich in all 30.
Answer: (c).
Question details
Year
2025
Paper
GS Paper 1
Question
Q6
Subject
Current Affairs
Sub-topic
International Summits & Diplomacy
Type
Statement-based
Difficulty
Medium
Nature
Current-affairs-linked
Source hint
Mines & Minerals Development & Regulation Amendment Act 2023
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