ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRODUCTIVE RESOURCES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country or countries had coal, petroleum (oil), iron ore, and natural gas as natural resources?
A
Untied Kingdom
B
Germany
C
Russia
D
Ukraine
Explanation: 

Detailed explanation-1: -As of 2021, Russia held natural resources amounting to an estimated total value of 75 trillion U.S. dollars. This figure includes the value of Russia’s many valuable natural resources, which includes coal, oil, natural gas, gold, timber, and rare earth metals, among others.

Detailed explanation-2: -Russia is a major producer of cobalt, chrome, copper, gold, lead, manganese, nickel, platinum, tungsten, vanadium, and zinc. The country produces much of its aluminum from plants powered by the Siberian hydroelectric stations, but bauxite deposits are relatively meagre.

Detailed explanation-3: -China. China has natural resources estimated to be worth $23 trillion.2 Ninety percent of China’s resources are coal and rare earth metals.

Detailed explanation-4: -China mines almost half the world’s coal, followed by India with about a tenth. Australia accounts for about a third of world coal exports, followed by Indonesia and Russia.

There is 1 question to complete.