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297

Q:

MMDR Act’ seen in the news is related to which sector?

  • 1
    Mines and Minerals
  • 2
    Gunpowder
  • 3
    Chemical
  • 4
    Animals
  • Show Answer
  • Workspace

Answer : 1. "Mines and Minerals"
Explanation :

Recently the Union Cabinet has approved to amend the Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (commonly known as the ‘MMDR Act’). This amendment focuses on setting royalty rates for three critical and strategic minerals: lithium, niobium and rare earth elements (REEs).

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