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EconomyMedium

What did the Ministry of Mines launch at the National Seminar on India's Critical Minerals Recycling Ecosystem and Circular Economy on 21 September 2026?

  1. A.A critical minerals trading exchange
  2. B.Concept Paper on Critical Mineral Recycling Ecosystem
  3. C.New E-Waste (Management) Rules
  4. D.A list of new critical mineral blocks for auction

Correct answer

B. Concept Paper on Critical Mineral Recycling Ecosystem

Explanation

The correct answer is Concept Paper on Critical Mineral Recycling Ecosystem. At the seminar in New Delhi, the Union Ministers launched this paper, which outlines a strategic framework for strengthening critical mineral recycling in India. It focuses on resource efficiency, recovery of minerals from secondary sources such as e-waste and End-of-Life products, and building a circular and self-reliant ecosystem.

The other options sound plausible but did not happen at this event. No trading exchange was launched. E-waste management rules are framed by the Ministry of Environment, Forest and Climate Change, not by the Mines Ministry. Auctions of critical mineral blocks are a separate process run by the Ministry of Mines and were not part of this seminar. The seminar was inaugurated by G. Kishan Reddy and organised with the Materials Recycling Association of India.

Read the full article: Mines Ministry Launches Concept Paper on Critical Mineral Recycling

Q1.EconomyMedium

The Ministry of Mines organised the national seminar on critical minerals recycling in collaboration with which body?

  1. A.Federation of Indian Chambers of Commerce and Industry
  2. B.Materials Recycling Association of India
  3. C.Confederation of Indian Industry
  4. D.Indian Bureau of Mines
Show answer
Correct answer: B. Materials Recycling Association of India

The day-long National Seminar on "India's Critical Minerals Recycling Ecosystem and Circular Economy" was organised by the Ministry of Mines in collaboration with MRAI, an industry body of recyclers.

Q2.EconomyMedium

The term 'black mass', discussed at the critical minerals recycling seminar, refers to what?

  1. A.Coal dust left after washing coal
  2. B.Residue from crude oil refining
  3. C.Silt removed from river beds
  4. D.Material recovered from spent lithium-ion batteries
Show answer
Correct answer: D. Material recovered from spent lithium-ion batteries

When used lithium-ion batteries are collected, dismantled and shredded, the result is a dark powder called black mass. It contains valuable metals such as lithium, cobalt, nickel and manganese, along with graphite, which can be extracted by further processing.

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.