Which Act governs the auction of India's offshore mineral blocks?
- A.The Mines and Minerals (Development and Regulation) Act, 1957
- B.The Offshore Areas Mineral (Development and Regulation) Act, 2002
- C.The Territorial Waters Act, 1976
- D.The Coastal Regulation Zone Act, 2011
Show answer
This framework is meant to keep the allotment of sea bed mineral resources transparent and to push systematic exploration of the country's offshore potential.
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