Consider the following:
1. India has more reserves of iron ore than Brazil.
2. Approximately 90% of India's total iron ore exports go to China.

Which of the following statements is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Question

Consider the following:
1. India has more reserves of iron ore than Brazil.
2. Approximately 90% of India's total iron ore exports go to China.

Which of the following statements is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

ONLiNE UPSC · Accepted Answer

Statement 1 is not correct: Brazil has 34 billion metric tons of crude iron ore reserves, making it the second largest iron ore reserve holder in the world. whereas India holds about 5.5 billion metric tons.

Statement 2 is correct: China is the largest buyer of Indian iron ore, consistently accounting for around 85&ndash;90% of India's total iron ore exports.

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Iron Ore Reserves and Exports

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M Question 1	⏱ 0
Consider the following: 1. India has more reserves of iron ore than Brazil. 2. Approximately 90% of India's total iron ore exports go to China. Which of the following statements is/are correct? (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2