ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

  • google app store apple app store
  • тЬЦ

      Question

      Which of the following is the main objective of the

      District Mineral Foundation (DMF)?
      A To promote safe mining Correct Answer Incorrect Answer
      B To Promote Awareness on Minerals Correct Answer Incorrect Answer
      C To deposit State Government royalty in that fund Correct Answer Incorrect Answer
      D Welfare of the persons affected by mining-related operations Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      As per the MMDR (Amendment) Act, 2015, state governments must establish DMFs in all districts for the interest and benefits of the persons affected by mining-related operations; lease holders are required to contribute to these not-for-profit foundations as a defined percentage of royalty, in addition to the royalty paid to state governments.

      Practice Next
      More Economic and Social Issues ESI Questions
      ask-question