Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:
Odisha is endowed with vast resources of a variety of minerals and occupies a prominent place in the country as a mineral rich State. Abundant reserves of high-grade Iron ore, Bauxite, Chromite, Manganese ore along with other minerals such as Coal, Limestone, Dolomite, Tin, Nickel etc. are extensively available in the State. This has opened up immense possibilities for locating mineral based industries for manufacture of Steel, Ferro-alloys, Cement, Thermal Power etc., along with setting up other auxiliary and ancillary downstream industries. The Steel & Mines Department works for the development of the mineral resources of the State under the regulatory powers. Thereby creating facilities for employment and fetching more revenue for the State. The main functions and activities of the Department are systematic survey and assessment of the mineral deposits of the State, their exploitation, administration of mines and mineral concession, enforcement measures for prevention of illegal mining and smuggling of minerals, assessment and collection of mining revenue, study of the impact of mining operation on environment and research and development of areas and minerals for meeting the needs of mineral based industries in the State. Identify the element of PESTEL model that is NOT discussed in the case study above.
Options:
Ecological
Economic
Technological
Legal
Correct Answer:
Technological
Explanation:
case study does not refer to use of any specific machinery or technology.