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Q.

Resources which are surveyed and their quantity and quality have been determined for utilisation are known as


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a

Potential resources

b

Stock

c

Developed resources

d

Reserves 

answer is C.

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Detailed Solution

Resources that undergo the surveys and their quality and amount are considered good for future usage are called developed resources. Therefore, the resources feasible for utilisation through the surveys are the developing resources. The advancement of resources relies upon technology and the level of their feasibility. Developed resources conform to the long-term feasibility and are innovative. Thus, the resources accessible in a specific area and functional in the future are the developing resources. All assets that are good in quality and quantity are developing assets. The classic examples of such resources are Petroleum, coal, water, iron, steel, etc.
 
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