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Question

Difficulty: MediumExplicit and Fact-Based Information Extraction

Read the following passage carefully:

"In July 2025, the Ministry of Earth Sciences notified the operational guidelines for the National Deep Ocean Exploration and Mining Framework (NDOEMF). The framework mandates that all seabed mineral extraction projects operating beyond 200 nautical miles from the baseline must allocate at least 15% of their capital expenditure toward indigenous marine biodiversity conservation. Private entities are permitted to hold up to 49% equity in joint ventures with State PSU operational units, provided the technical lead remains with a government research institute. Crucially, the guidelines completely exempt coastal research vessels engaged exclusively in non-commercial bathymetric mapping from acquiring mandatory environmental clearance, provided their operational duration does not exceed 30 consecutive days."

Based on the explicit details provided in the passage, which of the following statements regarding the NDOEMF guidelines are correct?

  1. Seabed mineral extraction projects operating beyond 200 nautical miles must reserve a minimum of 15% of their capital expenditure for indigenous marine biodiversity conservation.Answer
  2. B
    Private companies are allowed to hold up to a 51% majority equity stake in joint ventures with State PSU operational units.
  3. Coastal research vessels undertaking non-commercial bathymetric mapping for up to 30 consecutive days are exempted from obtaining mandatory environmental clearance.Answer
  4. D
    Government research institutes are required to hold the majority financial equity in all deep-sea mining projects.

Answer

The correct statements are that seabed mineral extraction projects beyond 200 nautical miles must allocate at least 15% of capital expenditure to indigenous marine biodiversity conservation, and coastal research vessels conducting non-commercial bathymetric mapping for up to 30 consecutive days are exempt from mandatory environmental clearance.
The passage explicitly provides two verifiable factual statements: seabed extraction projects beyond 200 nautical miles must allocate at least 15% of capital expenditure to indigenous marine biodiversity conservation, and non-commercial bathymetric mapping operations lasting up to 30 consecutive days are exempt from mandatory environmental clearance.

Step-by-Step Solution

1
Locate the explicit provision concerning capital expenditure and distance from the baseline.
The passage states that projects beyond 200 nautical miles must allocate at least 15% of capital expenditure toward indigenous marine biodiversity conservation.
Verifies statement accuracy regarding biodiversity funding requirements.
2
Check the exact equity limit specified for private entities in joint ventures.
The passage allows private entities up to 49% equity, contradicting any claim of majority equity or 51% stake.
Direct fact comparison rules out incorrect equity claims.
3
Examine the specific conditions for environmental clearance exemption.
Exemption applies to coastal research vessels conducting exclusively non-commercial bathymetric mapping for a duration not exceeding 30 consecutive days.
Confirms the exact criteria for environmental clearance waivers.

Key Concept

Explicit and Fact-Based Information Extraction
Estimated Time:1m 30s
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Explicit and Fact-Based Information Extraction

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