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      Question

      What is the royalty rate applicable to zirconium as per

      the new reforms?
      A 4% Correct Answer Incorrect Answer
      B 2% Correct Answer Incorrect Answer
      C 1% Correct Answer Incorrect Answer
      D 5% Correct Answer Incorrect Answer
      E 3% Correct Answer Incorrect Answer

      Solution

      Under the revised royalty rates for critical minerals, zirconium is now assigned a 1% royalty rate. This adjustment aligns with the government’s efforts to rationalise mineral royalties and promote transparent auctions.

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