Join Examsbook
339 0

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 AnswerHide Answer
  • Workspace

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.

Are you sure

  Report Error

Please Enter Message
Error Reported Successfully