Question

Which of the following ·Statement/s is/are true regarding various interests associated with Orissa Reserved Iron Resource.

1. The reserved iron resource of Orissa is an important investment destination due to the rise of the global demand for Iron.
2. The state government signed a Memorandum of Understanding (MOU) with both international and domestic steel makers.   

Options

• The reserved iron resource of Orissa is an important investment destination due to the rise of the global demand for Iron.  

• The state government signed a Memorandum of Understanding (MOU) with both international and domestic steel makers.   

• Both the reserved iron resource of Orissa is an important investment destinations due to the rise of the global demand for Iron & the state government signed a Memorandum of Understanding (MOU) with both international and domestic steel makers.     

• None

Answer 1

Both the reserved iron resource of Orissa is an important investment destinations due to the rise of the global demand for Iron & the state government signed a Memorandum of Understanding (MOU) with both international and domestic steel makers.   

Explanation: 

Because of the rising global need for iron, Orissa's protected iron resource is an important investment location. To attract capital investment and job prospects, the state administration signed Memorandums of Understanding (MOU) with both international and domestic steel producers.