Which of the following minerals is found in large quaritities in india and holds high economic importance?
ACopper
BPetroleum
CIron ore
DTin
Answer:
C. Iron ore
Read Explanation:
- Iron ore is the backbone of India's industrial development, serving as the primary raw material for the steel industry.
- India possesses some of the largest reserves of iron ore globally, primarily consisting of high-grade Hematite and Magnetite.
- Major Producing States: Odisha leads in total production, followed by Chhattisgarh, Karnataka, and Jharkhand.
- Key Geological Formations: The most significant iron ore deposits are found in the Dharwar and Cuddapah rock systems.
- Economic Impact: The iron and steel sector is a major contributor to India's GDP, infrastructure growth, and export earnings.
- NMDC (National Mineral Development Corporation): A Government of India enterprise under the Ministry of Steel, it is the largest iron ore producer in the country.
- Export Significance: India is a major exporter of iron ore, particularly to countries like Japan and South Korea, which significantly impacts the balance of trade.
- Classification: Indian iron ore is categorized based on iron content, with Hematite having 60-70% metallic content and Magnetite having up to 72%.