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Q:

Which Asian country has launched e-auction of 20 important mineral blocks including lithium and graphite?

  • 1
    Pakistan
  • 2
    Afghanistan
  • 3
    India
  • 4
    Sri Lanka
  • Show Answer
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Answer : 3. "India"
Explanation :

India for the first time invited bids for 20 critical mineral blocks including lithium and graphite. This is seen not only to boost economic growth, but also a part of the country's strategy to ensure adequate domestic resources of raw materials needed to power the green energy transition. The auction will be conducted online using a transparent two-stage ascending forward auction process. Eligible bidders will be selected on the basis of highest percentage of quoted price of minerals offered by them.

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