The Bailadila Range in Chhattisgarh is famous for its rich deposits of:

Iron ore
Bauxite
Copper
Diamonds

The correct answer is: Iron ore.

The Bailadila Range is a mountain range in the Indian state of Chhattisgarh. It is famous for its rich deposits of iron ore. The iron ore deposits in the Bailadila Range are some of the largest in the world. The ore is of high quality and is used to produce steel. The mining of iron ore in the Bailadila Range has had a significant impact on the local economy. The mining has created jobs and has brought in investment. However, the mining has also had a negative impact on the environment. The mining has caused deforestation and has polluted the air and water.

Bauxite is a mineral that is used to produce aluminum. It is found in many parts of the world, including India. Bauxite is not found in the Bailadila Range.

Copper is a metal that is used to produce a variety of products, including electrical wires and pipes. It is found in many parts of the world, including India. Copper is not found in the Bailadila Range.

Diamonds are a type of gemstone that is found in many parts of the world, including India. However, diamonds are not found in the Bailadila Range.