Official Answer Key & Detailed Solution
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Correct Answer: Option (B) — 2 only
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is incorrect: District Mineral Foundations (DMFs) are non-profit bodies established under the MMDR Amendment Act, 2015, to work for the interest and benefit of persons and areas affected by mining-related operations, not to promote exploration.
Statement 2 is correct: The core mandate of DMFs is to utilize statutory contributions from mining lease holders to carry out developmental and welfare activities for communities affected by mining.
Statement 3 is incorrect: DMFs have no regulatory powers to issue mineral exploration or mining licenses; this authority rests with the State/Central Governments.
A 'Foundation' at the 'District' level is structurally designed as a welfare mechanism for affected locals, rather than a technical exploration agency or licensing authority.
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