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Mining Sector Reform MCQ — 2 Practice Questions with Answers

Practice 2 Mining Sector Reform multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

2 Questions Indian Economy

Practice Questions

Q1. Match List I (Component of the SASCI Mining Sector Reform Incentive Scheme FY 2026-27 confirmed by PIB on April 24, 2026) with List II (Incentive Amount): List I A. Structural Reforms Component award per state for completing five mandated reforms by December 15, 2026 B. Mine Operationalisation Rewards per pre-cleared block (subject to state cap) C. Top-up if a state operationalises at least ten per cent of major mineral blocks auctioned before March 31, 2026 D. State Mining Readiness Index (SMRI) first place prize per category List II 1. 250 crore rupees 2. 100 crore rupees (per state, structural reforms award) 3. 20 crore rupees 4. 100 crore rupees (SMRI first place) Select the correct answer using the codes given below.

A A-1, B-2, C-3, D-4
B A-3, B-1, C-4, D-2
C A-4, B-2, C-3, D-1
D A-2, B-3, C-1, D-4 Correct

Explanation

The correct mapping is A-2, B-3, C-1, D-4 as confirmed by the PIB release on April 24, 2026. The Structural Reforms Component awards 100 crore rupees per state, the Mine Operationalisation Rewards Component pays 20 crore rupees per pre-cleared block (capped at 200 crore rupees per state), the Operationalisation top-up is 250 crore rupees if a state operationalises at least ten per cent of major mineral blocks auctioned before March 31, 2026, and the SMRI first place prize per category is 100 crore rupees (with 75 and 50 crore rupees for second and third).

Q2. What is the total outlay of the Special Assistance to States for Capital Investment (SASCI) Mining Sector Reform Incentive Scheme for FY 2026-27, confirmed by the Ministry of Mines through a PIB release on April 24, 2026?

A 2,000 crore rupees
B 3,500 crore rupees
C 5,000 crore rupees Correct
D 10,000 crore rupees

Explanation

The PIB release on April 24, 2026 confirmed that the total outlay of the SASCI Mining Sector Reform Incentive Scheme for FY 2026-27 is 5,000 crore rupees, broken down across the Structural Reforms Component, Mine Operationalisation Rewards Component and the State Mining Readiness Index Component.

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Frequently Asked Questions

How many Mining Sector Reform MCQ questions are available?
There are 2 Mining Sector Reform practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.
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Yes, every Mining Sector Reform question comes with the correct answer and a detailed explanation to help you understand the underlying concept.
How is Mining Sector Reform relevant to the RAS/RPSC exam?
Mining Sector Reform falls under the Indian Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.
Can I practice Mining Sector Reform questions in Hindi?
Yes, Aspirant Academy offers bilingual support. You can practice Mining Sector Reform MCQs in both English and Hindi, including questions, options, and explanations.

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