gs1medium
Recently there has been a concern over the short supply of a group of elements called rare earth metals. Why?
- 1.China, which is the largest producer of these elements, has imposed some restrictions on their export.
- 2.Other than China, Australia, Canada, Chile, these elements are not found in any country.
- 3.Rare earth metals are essential for the manufacture of various kinds of electronic items and there is growing demand for these elements.
Select the correct answer using the codes given below:
- A.1 only
- B.2 and 3 only
- C.1 and 3 only
- D.1, 2 and 3
▶ Answer & Explanation
Correct answer: C. 1 and 3 only
The supply of rare earth metals has been a concern due to geopolitical factors and increasing demand. China dominates global production, and its export policies directly impact availability. Furthermore, these metals are critical components in modern electronics, from smartphones to wind turbines, leading to a significant rise in demand.
Source: UPSC gs1 2012