The correct answer is: d) All of the above
The Bihar State Mineral Development Corporation (BSMDCL) is a state-owned enterprise that was established in 1972 to promote the development of the mineral resources of the state of Bihar. The BSMDCL plays a key role in the management of mineral concessions, the promotion of investment in the mining sector, and the facilitation of responsible mining practices.
The BSMDCL is responsible for the exploration, development, and production of minerals in the state of Bihar. The corporation holds a number of mineral concessions, which are granted by the government of Bihar. The BSMDCL also promotes investment in the mining sector by providing financial assistance and technical support to private companies. The corporation also facilitates responsible mining practices by developing and implementing environmental management plans and by monitoring the compliance of mining companies with environmental regulations.
The BSMDCL is a key player in the development of the mineral resources of the state of Bihar. The corporation plays a vital role in the management of mineral concessions, the promotion of investment in the mining sector, and the facilitation of responsible mining practices.
Here is a brief explanation of each option:
- Option (a): Managing mineral concessions. The BSMDCL is responsible for the exploration, development, and production of minerals in the state of Bihar. The corporation holds a number of mineral concessions, which are granted by the government of Bihar.
- Option (b): Promoting investment in the mining sector. The BSMDCL promotes investment in the mining sector by providing financial assistance and technical support to private companies.
- Option (c): Facilitating responsible mining practices. The BSMDCL facilitates responsible mining practices by developing and implementing environmental management plans and by monitoring the compliance of mining companies with environmental regulations.