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With reference to the Mines and Minerals (Development and Regulation) Act (MMDR Act), consider the following statements:
1. It is an Act of the Parliament of India enacted in 1957, which forms the basic framework of regulating the mining sector in India and mandates the requirement for granting leases for mining operations.
2. The Ministry of Finance, Government of India, is responsible for the administration of the Act.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the Mines and Minerals (Development and Regulation) ...
The Mines and Minerals (Development and Regulation) Act (MMDR Act):
  • It is an Act of the Parliament of India enacted in 1957, which forms the basic framework of regulating the mining sector in India and mandates the requirement for granting leases for mining operations.
  • The Ministry of Mines, Government of India, is responsible for the administration of the Act.
  • It describes the procedure and terms for obtaining a mining or prospecting licence in India.
  • Prior approval from the Ministry of Environment and Forests is required for mining on forest land.
  • This act is applicable to all minerals except minor minerals (such as river sand, which is under the purview of state governments) and atomic minerals.
Hence only statement 1 is correct.
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With reference to the Mines and Minerals (Development and Regulation) ...
The correct answer is option 'A', i.e., statement 1 only is correct.

Explanation:

Statement 1: It is an Act of the Parliament of India enacted in 1957, which forms the basic framework of regulating the mining sector in India and mandates the requirement for granting leases for mining operations.

The Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) is indeed an Act of the Parliament of India. It was enacted with the objective of regulating the mining sector in the country. The Act provides for the development and regulation of mines and minerals in India and grants power to the central government to regulate the mining operations. It mandates the requirement for granting leases for prospecting, mining, and exploration of minerals, and specifies the conditions for granting these leases.

Statement 2: The Ministry of Finance, Government of India, is responsible for the administration of the Act.

This statement is incorrect. The Ministry of Mines, not the Ministry of Finance, is responsible for the administration of the Mines and Minerals (Development and Regulation) Act, 1957. The Ministry of Mines is the central government ministry that formulates and administers the rules and regulations related to the mining sector in India. It is responsible for granting mining leases, monitoring mining activities, and ensuring compliance with the provisions of the MMDR Act.

In conclusion, statement 1 is correct as the Mines and Minerals (Development and Regulation) Act, 1957 is an Act of the Parliament of India that regulates the mining sector and mandates the requirement for granting leases for mining operations. However, statement 2 is incorrect as the Ministry of Finance is not responsible for the administration of the Act; it is the Ministry of Mines that is responsible for its administration.
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With reference to the Mines and Minerals (Development and Regulation) Act (MMDR Act), consider the following statements:1. It is an Act of the Parliament of India enacted in1957,which forms the basic framework of regulating the mining sector in India and mandates the requirement for granting leases for mining operations.2. The Ministry of Finance, Government of India, is responsible for the administration of the Act.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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With reference to the Mines and Minerals (Development and Regulation) Act (MMDR Act), consider the following statements:1. It is an Act of the Parliament of India enacted in1957,which forms the basic framework of regulating the mining sector in India and mandates the requirement for granting leases for mining operations.2. The Ministry of Finance, Government of India, is responsible for the administration of the Act.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Mines and Minerals (Development and Regulation) Act (MMDR Act), consider the following statements:1. It is an Act of the Parliament of India enacted in1957,which forms the basic framework of regulating the mining sector in India and mandates the requirement for granting leases for mining operations.2. The Ministry of Finance, Government of India, is responsible for the administration of the Act.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Mines and Minerals (Development and Regulation) Act (MMDR Act), consider the following statements:1. It is an Act of the Parliament of India enacted in1957,which forms the basic framework of regulating the mining sector in India and mandates the requirement for granting leases for mining operations.2. The Ministry of Finance, Government of India, is responsible for the administration of the Act.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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