Solution:Indian Peninsula, South of Vindhyas accounts for 98% of the Gondwana coal deposits.Further, most of the ferrous group minerals also occur in this region in the Archean rocks of Jharkhand, Odisha, M.P, Chhattisgarh, etc.
According to the plate tectonics theory,all the continents were part of single continental mass; this super-continent was named Pangea.
It later broke into two large continental land masses namely, Laurasia and Gondwana land. The latter consisted of present dry India, Australia, Antarctica, South America and Africa. Hence, both the statements are correct.