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Consider the following statements.
  1. Coal Mines (Nationalization) Act, 1973 was enacted to nationalise all the coal mines in India.
  2. Auctioning of coal mines to the private players is done on the basis of offer of highest price/ tonne.
  3. 90% of lignite reserves in India occur in eastern parts of the India.
Which of the above statements is/are correct?
  • a)
    1, 3 
  • b)
    1, 2 
  • c)
    2, 3 
  • d)
    1, 2, 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements. Coal Mines (Nationalization) Act, 1...


Correct Statement Explanation:

Statement 1: Coal Mines (Nationalization) Act, 1973 was enacted to nationalize all the coal mines in India.
- This statement is correct. The Coal Mines (Nationalization) Act, 1973 was indeed enacted to bring all coal mines in India under the ownership and control of the government.

Statement 2: Auctioning of coal mines to the private players is done on the basis of offer of highest price/ tonne.
- This statement is incorrect. The auctioning of coal mines to private players in India is done through a transparent bidding process where the emphasis is not only on the highest price but also on factors like technical capability and sustainability measures.

Statement 3: 90% of lignite reserves in India occur in eastern parts of the India.
- This statement is correct. The majority of lignite reserves in India are indeed concentrated in the eastern parts of the country, particularly in states like Tamil Nadu, Rajasthan, and Gujarat.

Therefore, the correct statements are 1 and 3, making option B the correct choice.
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Community Answer
Consider the following statements. Coal Mines (Nationalization) Act, 1...
  • Coal Mines (Nationalization) Act, 1973 was enacted to nationalise all the coal mines in India. It was repealed in 2018.
  • The demand-supply mismatch started in 1991 (the liberalisation period) and started widening. This led the government to allow captive mining (mining for own use only).
  • The 2015 legislation (Coal Mines (Special provisions) Act, 2015) allowed re-entry of private players into the sector. It enabled auctioning of coal mines.
  • The 2018 Cabinet Committee on Economic Affairs allowed the auctioning of mines to the private players on basis of offer of highest price/ tonne.
  • The Coal resources of India are available in older Gondwana Formations of peninsular India and younger tertiary formations of north-eastern region.
  • The Lignite reserves in the country are estimated at around 45.76 Billion Tonne (1.4.2019). The major deposits are located in the State of Tamil Nadu, followed by Rajasthan, Gujarat, Kerala, West Bengal.
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Consider the following statements. Coal Mines (Nationalization) Act, 1973 was enacted to nationalise all the coal mines in India. Auctioning of coal mines to the private players is done on the basis of offer of highest price/ tonne. 90% of lignite reserves in India occur in eastern parts of the India.Which of the above statements is/are correct?a)1, 3b)1, 2c)2, 3d)1, 2, 3Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements. Coal Mines (Nationalization) Act, 1973 was enacted to nationalise all the coal mines in India. Auctioning of coal mines to the private players is done on the basis of offer of highest price/ tonne. 90% of lignite reserves in India occur in eastern parts of the India.Which of the above statements is/are correct?a)1, 3b)1, 2c)2, 3d)1, 2, 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements. Coal Mines (Nationalization) Act, 1973 was enacted to nationalise all the coal mines in India. Auctioning of coal mines to the private players is done on the basis of offer of highest price/ tonne. 90% of lignite reserves in India occur in eastern parts of the India.Which of the above statements is/are correct?a)1, 3b)1, 2c)2, 3d)1, 2, 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements. Coal Mines (Nationalization) Act, 1973 was enacted to nationalise all the coal mines in India. Auctioning of coal mines to the private players is done on the basis of offer of highest price/ tonne. 90% of lignite reserves in India occur in eastern parts of the India.Which of the above statements is/are correct?a)1, 3b)1, 2c)2, 3d)1, 2, 3Correct answer is option 'B'. Can you explain this answer?.
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