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Q.

Which of the following resources are classified on the basis of ownership?

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a

Biotic resources 

b

Potential resources 

c

Community owned resources

d

None of the above

answer is C.

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Detailed Solution

These resources can be classified in the following ways – 

(a) On the basis of origin – biotic and abiotic 

(b) On the basis of exhaustibility – renewable and non-renewable 

(c) On the basis of ownership – individual, community, national and international 

(d) On the basis of status of development – potential, developed stock and reserves.

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