Consider the following statements regarding the Coal Sector in India.1. Coal Mines (Special Provisions) Act, 2015 permits the Government to auction coal mines to the private sector for both captive and Commercial purposes.2. Coal Mines (Special Provisions) Act, 2015 extends to the whole of India.3. India allows 100% FDI in the coal sector.Which of the above statements is/are incorrect?a) 1 onlyb) 2 onlyc) 3 onlyd) None of the above Correct answer is option 'D'. Can you explain this answer?

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Consider the following statements regarding the Coal Sector in India.

1. Coal Mines (Special Provisions) Act, 2015 permits the Government to auction coal mines to the private sector for both captive and Commercial purposes.

2. Coal Mines (Special Provisions) Act, 2015 extends to the whole of India.

3. India allows 100% FDI in the coal sector.

Which of the above statements is/are incorrect?

a)
1 only
b)
2 only
c)
3 only
d)
None of the above

Correct answer is option 'D'. Can you explain this answer?

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Test: Current Affairs October 2020

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Consider the following statements regarding the Coal Sector in India....

The objective of Coal Mines (Special Provisions) Act, 2015 is to empower the Government to allocate the coal mines based on competitive bidding to ensure continuity in coal mining operations and promote optimum utilisation of coal resources.

The Coal Mines (Special Provisions) Act, 2015, permits the Government to auction coal mines to the private sector for captive and commercial purposes. The Government has auctioned 24 coal blocks to private companies till March 2019 and will be further auctioning coal blocks for commercial mining by both Indian and foreign companies.

This act extends to the whole of India.

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Consider the following statements regarding the Coal Sector in India.1. Coal Mines (Special Provisions) Act, 2015 permits the Government to auction coal mines to the private sector for both captive and Commercial purposes.2. Coal Mines (Special Provisions) Act, 2015 extends to the whole of India.3. India allows 100% FDI in the coal sector.Which of the above statements is/are incorrect?a) 1 onlyb) 2 onlyc) 3 onlyd) None of the above Correct answer is option 'D'. Can you explain this answer?

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