Current Affairs · Bills and Acts
In August 2025, Parliament passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2025, amending the MMDR Act, 1957, to boost critical mineral production. Key changes include renaming the National Mineral Exploration Trust (NMET) to National Mineral Exploration and Development Trust (NMEDT). Under this amendment, what is the new contribution rate to the Trust from the royalty payable by mining leaseholders?
- 13%✓
- 24%
- 32%
- 41%
Correct answer
3%
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