Home - Economy - Quiz on Critical Minerals Quiz on Critical Minerals June 24, 2024May 20, 2024 by admin /13 Quiz on Critical Minerals and Their Importance Quiz on Critical Minerals and Their Importance 1 / 13 Which country has the most critical minerals, especially rare earth elements? Australia China USA Canada Think about their role in technology and national security. 2 / 13 What are critical minerals? Common minerals used in everyday items. Minerals that are vital for high-tech devices, renewable energy systems, and defense applications. Minerals only found in rare geological formations Minerals used exclusively in jewelry. 3 / 13 Who conducted the critical mineral auction in India? MSTC Limited Reserve Bank of India Indian Railways Ministry of Education 4 / 13 How many critical minerals has India identified? 10 24 50 1oo 5 / 13 What is a major risk in the global supply chain of critical minerals? Too many countries produce them. Geopolitical tensions and limited sources can disrupt the supply. They are indestructible. They are universally accessible. 6 / 13 Why are critical minerals significant? They are used in making toys. They are essential for technological advancement, national security, and economic growth. They are abundant and easy to find. They are only important for agriculture. 7 / 13 What was significant about India's first-ever auction for critical minerals? It was conducted in a playground. It allowed companies to bid for the rights to explore and extract critical minerals. It was for agricultural land. It involved only one mineral. 8 / 13 Which company won blocks for Lithium and Graphite? Tata Steel Vedanta Resources Reliance Industries Hindustan Zinc Limited 9 / 13 What is one economic impact of critical minerals? They are used to make clothes. They create jobs and stimulate local economies through mining and processing. They are used primarily for recreational activities. They decrease national revenue. 10 / 13 Which is a challenge in the supply of critical minerals? Environmental concerns and high demand. They are too easy to extract. They are useless in high-tech industries. There are no challenges. 11 / 13 What is a major risk in the global supply chain of critical minerals? Too many countries produce them. Geopolitical tensions and limited sources can disrupt the supply. They are indestructible. They are universally accessible. 12 / 13 What is the 20 critical mineral auction? Auction of 20 blocks of agricultural land. Auction of 20 blocks rich in essential minerals. Auction of 20 schools. Auction of 20 vehicles. 13 / 13 How are critical minerals important for national security? They are used in cooking equipment. They are crucial for manufacturing defense equipment and ensuring energy security. They are used to decorate military uniforms. They have no relevance to national security. Your score is 0% Restart quiz