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Name the type of resource whose entire quantity may not be known and these are not being used at present
  • a)
    Human made Resources
  • b)
    Potential Resources
  • c)
    Renewable Resources
  • d)
    Actual Resources
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Name the type of resource whose entire quantity may not be known and t...
A resource whose entire quantity is not known. A resource whose entire quantity is not known. A resource whose entire quantity is not known.
Example: The uranium found in Ladakh, which could be used in the future.
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Name the type of resource whose entire quantity may not be known and t...
Explanation:



Potential resources are those resources whose entire quantity may not be known and these are not being used at present. These resources require the application of technology and economic viability to make them useful. They may exist in the form of minerals, forests, water or land. The existence of potential resources is uncertain because their quality and quantity are not known. They can only be inferred from geological surveys, satellite images, and other scientific methods.



Examples of potential resources:



1. Oil reserves - Oil reserves that are not yet discovered, or not yet economically viable to extract are considered potential resources.



2. Wind energy - Wind energy is a potential resource as it requires the installation of wind turbines and other infrastructure to harness the power of wind.



3. Water resources - Water is a potential resource as it can be harnessed through the construction of dams, canals, and other infrastructure to provide irrigation, hydroelectric power, and drinking water.



4. Forests - Forests are potential resources as they can be used for timber and other forest products, but their extent and quality are not always known.



5. Mineral deposits - Mineral deposits that are not yet discovered, or not yet economically viable to extract are considered potential resources.



Importance of potential resources:



Potential resources are important because they represent a future source of wealth and economic growth. They can also help to diversify the economy and reduce dependence on existing resources. However, their development requires investment, expertise, and infrastructure, which may not always be available.
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Name the type of resource whose entire quantity may not be known and these are not being used at presenta)Human made Resourcesb)Potential Resourcesc)Renewable Resourcesd)Actual ResourcesCorrect answer is option 'B'. Can you explain this answer?
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