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Capital and organisation

All mineral w...

Question

All mineral wealth of a state is considered the property of the _____.

A

An individual

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B

Industrialist

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C

Government

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D

Village Panchayats

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Solution

The correct option is C Government
Minerals usually occur deep in the earth. They, in fact, do not belong to any particular owner but belong to all people of the country and have to be used in everyone’s interest. That is why all mineral wealth of a state is considered the property of the government.

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