GTU BE/B.Tech 2017 Winter Question Papers || Gujarat Technological University
Subject Name: Mine & Mineral Economics
Time: 02:30 PM TO 05:00 PM Total Marks: 70
GUJARAT TECHNOLOGICAL UNIVERSITY
BE - SEMESTER-VIII (NEW) EXAMINATION — WINTER 2017
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Subject Code: 2182201 Date: 02/11/2017Subject Name: Mine & Mineral Economics
Time: 02:30 PM TO 05:00 PM Total Marks: 70
Instructions:
- Attempt all questions.
- Make suitable assumptions wherever necessary.
- Figures to the right indicate full marks.
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MARKS
Q.1
- (a) Define following terms. (1) Mineral (2) ore (3) sample. [03]
- (b) Describe mineral resource in India. [04]
- (c) Explain National Mineral Policy in brief (2011). [07]
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Q.2
- (a) What is reduction of sample? Explain method of reduction of sample. [03]
- (b) Describe their importance and write different precautions taken for sampling. [04]
- (c) Explain various types of sampling methods. [07]
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OR
- (c) What are the controlling factors for evaluating mineral deposit? [07]
Q.3
- (a) Define following terms. (1) Import (2) Export (3) Valuation. [03]
- (b) Explain the different software used for Mineral Information System. [04]
- (c) Explain Royalty, Taxes and Duties in detail. [07]
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OR
- (a) Describe mineral resource in Gujarat. [03]
- (b) Write a advantage of mine valuation. [04]
- (c) Write a note on economic importance of the mineral industry. [07]
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Q.4
- (a) Describe various types of reserve estimate. [03]
- (b) What is risky nature of mining industry? Describe in details. [04]
- (c) Write note on Dilution and Recovery. [07]
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OR
- (a) Write a short note on budgetary control. [03]
- (b) Why mining is considered as risky industry? [04]
- (c) Describe Standard Cost and Future Cost in brief. [07]
Q.5
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- (a) Explain the mineable ore as a limitation. [03]
- (b) How are mineral losses classified? How are these losses incorporated in mining operations? [04]
- (c) Explain the economic importance of Mineral Industries in India. [07]
OR
- (a) Explain MIS? [03]
- (b) How tonnage factors and mineable ore limitations are calculated? [04]
- (c) What do you understand by mine valuation? Describe different methods and their application. [07]
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