Question

For the policy level guidelines for mineral sector, which policy is formed?

(a) National Resources Policy

(b) National Mineral Policy

(c) National Regulation Policy

(d) National Legislation Policy

The question was posed to me during an interview.

I'd like to ask this question from Mineral Resources of India topic in division Natural Resources of Energy Management

Answer 1

Correct choice is (b) National Mineral Policy

Easy explanation: National Mineral Policy was started in 1993. The main aim of this policy is liberalization of the mining sector and to encouraging the flow of investment especially in private investment and mining. In the 2008 reform it address in the areas of mining sector.