CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which ministry has issued the Iron-ore policy 2021 for allocation of rakes and transportation of iron ore?
A
Ministry of Defense
B
Ministry of Railways
C
Department of Space
D
Department of Atomic Energy
Explanation: 

Detailed explanation-1: -Ministry of Railways rolls out a new iron ore policy governing allocation of rakes and transportation of iron ore.

Detailed explanation-2: -About Iron Ore Policy The policy will provide high priority to the movement of iron-ore for domestic manufacturing activity. Within the domestic movement, higher priority is to be provided to steel, sponge iron, pig iron, pellet or sinter plant owning customers with private sliding at loading and unloading ends.

Detailed explanation-3: -Complete answer: India has about 9, 602 million tonnes of hematite, and 3, 408 tonnes of magnetite.In India Orissa and Jharkhand states have the maximum iron ore deposits.

Detailed explanation-4: -Resources of iron important countries along with the reserve position have also been described. India ranks sixth in the world in respect of recoverable iron ore reserves. Even though the in situ reserve of iron ore is about 17 billion tonnes, the recoverable reserve is about 12.7 billion tonnes.

There is 1 question to complete.