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Home/Practice questions/Economics
EconomicsIndian Economic Development: Environment and Sustainable Development

Identify, for what percentage of the world's total Iron-ore reserves,…

Identify, for what percentage of the world's total Iron-ore reserves, India alone accounts for ?

Answer & explanation+

Correct answer: option 2

The correct answer is Option (2) → 8%

India accounts for nearly 8 per cent of the world’s total iron-ore reserves.

India has large deposits of iron-ore, coal and natural gas. It also has minerals such as bauxite, copper, chromate, manganese, zinc and uranium.

NCERT (2026-27): “7.3 State of India’s Environment India has abundant natural resources in terms of rich quality of soil, hundreds of rivers and tributaries, lush green forests, plenty of mineral deposits beneath the land surface, vast stretch of the Indian Ocean, ranges of mountains, etc. The black soil of the Deccan Plateau is particularly suitable for cultivation of cotton, leading to concentration of textile industries in this region. The Indo-Gangetic plains – spread from the Arabian Sea to the Bay of Bengal – are one of the most fertile, intensively cultivated and densely populated regions in the world. India’s forests, though unevenly distributed, provide green cover for a majority of its population and natural cover for its wildlife. Large deposits of iron-ore, coal and natural gas are found in the country. India accounts for nearly 8 per cent of the world’s total iron-ore reserves. Bauxite, copper, chromate, diamonds, gold, lead, lignite, manganese, zinc, uranium, etc. are also available in different parts of the country.…”

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