The correct answer is D) All of the above.
The Karnataka State Minerals Corporation Limited (KSMCL) is a state-owned enterprise of the Government of Karnataka, India. It was established in 1966 with the objective of promoting mineral development in the state. The KSMCL is involved in all aspects of mineral development, including exploration, mining, processing, and marketing. It also plays a role in regulating mining activities in the state.
The KSMCL has been instrumental in the development of the mineral sector in Karnataka. It has explored and developed several mineral deposits, including iron ore, bauxite, limestone, and granite. The KSMCL also operates several mines in the state. It has a processing plant at Bellary, which produces iron ore pellets. The KSMCL also markets its products both domestically and internationally.
The KSMCL plays a significant role in the economy of Karnataka. It provides employment to thousands of people and contributes to the state’s revenue. The KSMCL is also committed to sustainable development and is working to minimize its environmental impact.
Here is a brief explanation of each option:
- Option A: Mineral development. The KSMCL is involved in all aspects of mineral development, including exploration, mining, processing, and marketing.
- Option B: Trading. The KSMCL markets its products both domestically and internationally.
- Option C: Regulating mining activities. The KSMCL plays a role in regulating mining activities in the state.