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Answer : 3. "India"
Which Asian country has launched e-auction of 20 important mineral blocks including lithium and graphite?
5Q:
Which Asian country has launched e-auction of 20 important mineral blocks including lithium and graphite?
- 1Pakistanfalse
- 2Afghanistanfalse
- 3Indiatrue
- 4Sri Lankafalse
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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.