MCQ
Critical Minerals MCQ - Practice Questions with Answers
Solve 1 Critical Minerals questions for RAS/RPSC preparation.
Practice questions
Q1With reference to critical minerals and India's strategic position, consider the following statements: 1. China currently processes about 90 per cent of the world's rare earth elements. 2. Khanij Bidesh India Ltd (KABIL) is a joint venture established to secure mineral assets within India only. Which of the statements given above is/are correct?
Explanation
Only statement 1 is correct. China processes about 90 per cent of global rare earths, which is the central strategic vulnerability the India-US framework seeks to address. Statement 2 is incorrect: KABIL was established specifically to secure mineral assets OVERSEAS (not within India), to acquire strategic mineral assets abroad such as lithium and cobalt for India's domestic supply needs.
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