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Question

The government allowed private companies to lease mines and operate them under the _____ announced in 1993.

A
National Mineral Policy
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B
New National Mineral Policy
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C
The Regulating Act
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D
Mineral Exploration Act
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Solution

The correct option is D New National Mineral Policy
A New National Mineral Policy was announced in 1993, and the government allowed private companies to lease mines and operate them. The companies were to pay a royalty to the government for the minerals they extracted and sold.

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