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EconomyEasy

How many critical and strategic mineral blocks are on offer in the ninth tranche of e-auction launched by the Ministry of Mines?

  1. A.15 blocks
  2. B.20 blocks
  3. C.29 blocks
  4. D.64 blocks

Correct answer

B. 20 blocks

Explanation

The correct answer is 20 blocks. The ninth tranche of the e-auction of critical and strategic mineral blocks places twenty blocks before bidders, drawn from eight states. Chhattisgarh accounts for five of them, Rajasthan, Telangana and West Bengal three each, Madhya Pradesh and Maharashtra two each, and Andhra Pradesh and Bihar one each. Option A, fifteen, matches none of the figures in this auction. Option C, twenty-nine, is the count of critical and deep-seated minerals listed in the Seventh Schedule of the MMDR Act that an Exploration Licence can cover, not the number of blocks in this tranche. Option D, sixty-four, is the number of blocks successfully auctioned across the first eight tranches out of the hundred unique blocks that were offered in them, which works out to a success rate of sixty-four per cent. Only option B gives the size of Tranche IX itself.

Read the full article: Mines Ministry Opens 9th Critical Mineral Auction Tranche

Q2.EconomyMedium

What key change do the Mineral (Auction) Third Amendment Rules, 2026 make for Part D minerals?

  1. A.Revenue share for the winner is capped at 50 per cent
  2. B.Technically qualified bidders needed in the second round fall from three to two
  3. C.Only public sector undertakings may bid in the second round
  4. D.The auction switches from forward to reverse bidding
Show answer
Correct answer: B. Technically qualified bidders needed in the second round fall from three to two

The government notified these rules on 16 October 2026, and the change has been written into the tender documents of both tranches launched in Goa.

Q4.EconomyMedium

Why did the Union Government advance the November instalment of tax devolution?

  1. A.Because the Finance Commission's term was ending
  2. B.In view of the festive season and to help states accelerate capital spending
  3. C.To offset a shortfall in GST compensation
  4. D.Because states had failed to meet borrowing limits
Show answer
Correct answer: B. In view of the festive season and to help states accelerate capital spending

The Ministry of Finance said the early transfer would also let states finance expenditure related to development and welfare.