Resources and its Types on the basis of Ownership
Resources and its Types on the basis of Ownership
On the Basis of Ownership
1. Individual resources: The resources which are owned privately by individuals are called individual resources. e.g., plantation, pasture land, farmland, water in well, pond, etc.
2. Community owned resources: The resources which are accessible to all the members of the community are known as community resources. E.g. grazing grounds, burial ground, ponds in village, public parks, etc.
3. National resources: The resources which are under the control of nation/country are known as national resources. E.g. canal, coal mines , territorial sea, (upto 12 nautical miles from the coast) railway, etc. The country’s government has legal powers to acquire even private property for public welfare.
4. International resources: The resources which are owned and regulated by international institutions are called international resources e.g., open sea used for peaceful navigation, open sky for flight movement, etc. The oceanic resources beyond 200 nautical miles of Exclusive Economic Zone belong to open sea.
Exclusive Economic Zone (EEZ) is the sea zone prescribed by the United Nations Convention on the Law of Seas over which a state has special rights over the exploration and use of marine resources, including energy production. It stretches upto 200 nautical miles from the coastline.
Note India has got the right to mine manganese nodules from the bed of the Indian Ocean from that area, which lies beyond the exclusive economic zone.
On the basis of ownership, plantations can be better considered as which of the following types of resources? | |||
| Right Option : A | |||
| View Explanation | |||
On the basis of ownership resources can be classified as _______________________. | |||
| Right Option : D | |||
| View Explanation | |||
Which of the following are correct : (a) Individual resources are owned privately by individuals. (b) Community-owned Resources are resources which are accessible to all the members of the community. . (c) National resources are the resources within the nation. | |||
| Right Option : D | |||
| View Explanation | |||
Students / Parents Reviews [10]
My experience was very good with Abhyas academy. I am studying here from 6th class and I am satisfied by its results in my life. I improved a lot here ahead of school syllabus.
Ayan Ghosh
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Om Umang
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Hiya Gupta
8thI have spent a wonderful time in Abhyas academy. It has made my reasoning more apt, English more stronger and Maths an interesting subject for me. It has given me a habbit of self studying
Yatharthi Sharma
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Shivam Rana
7thAbout Abhyas metholodology the teachers are very nice and hardworking toward students.The Centre Head Mrs Anu Sethi is also a brilliant teacher.Abhyas has taught me how to overcome problems and has always taken my doubts and suppoeted me.
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8thA marvelous experience with Abhyas. I am glad to share that my ward has achieved more than enough at the Ambala ABHYAS centre. Years have passed on and more and more he has gained. May the centre flourish and develop day by day by the grace of God.
