Question

The resources which are available but are not yet explored due to lack of technology are referred to as \(\underline{\hspace{3cm}}\).

• A. Reserve resources
• B. Potential resources
• C. Stock resources
• D. Actual resources

Hint:

Differentiate resource types by asking two questions: 1. Do we know it's there? 2. Can we get it? - Actual: Yes, and we are getting it. - Potential: Yes, and we could get it, but we aren't yet. - Stock: Yes, but we don't know HOW to get it (no technology). - Reserve: Yes, we know how, but we're saving it for later.

Answer 1

The Correct Option is C

Step 1: Understanding the Concept:
This question is about the classification of resources based on their availability, accessibility, and the technology to utilize them.

Step 3: Detailed Explanation:
\[\begin{array}{rl} \bullet & \text{(D) Actual resources: These are resources that have been surveyed, their quantity and quality determined, and are currently being used.} \\ \bullet & \text{(B) Potential resources: These are resources that exist in a region and could be used in the future, but are not yet fully utilized, perhaps due to economic inviability. We have the technology but are not using them yet.} \\ \bullet & \text{(C) Stock resources: These are resources that are known to exist but cannot be used because we do not have the appropriate technology to harness them. For example, extracting hydrogen and oxygen from water (H\(_2\)O) on a large scale for energy is currently technologically not advanced enough, so water can be considered a stock resource for this purpose.} \\ \bullet & \text{(A) Reserve resources: These are a subset of stock resources that can be put into use with the help of existing technology but are deliberately kept for future needs.} \\ \end{array}\] The question specifically mentions a "lack of technology" as the reason for non-exploration, which is the definition of stock resources.

Step 4: Final Answer:
Resources available but not explored due to a lack of technology are referred to as stock resources.