SSC Economics Sample Paper NCERT Sample Paper-3

  • question_answer
    Consider the following statements
    1. Under the Panchayat Extension to Scheduled Areas Act, 1996 the prior recommendation of the Gram Sabha is required when a prospecting license or a mineral concession is granted.
    2. A holder of a coal or lignite mining lease will pay 26% of profits to the District Mineral Foundation. Which of the statement given above is/are correct?

    A)  1 only 

    B)  2 only

    C)  Both 1 and 2    

    D)  neither 1 nor 2

    Correct Answer: C

    Solution :

    [c] The PESA Act gives local bodies the powers to regulate mineral prospecting and make recommendations for leases for minor mineral leases.

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