Correct Answer: (c) Petroleum Exploration
Solution:14 N.E.L.P. Blocks, 1 J.V. Blocks, 2-Nomination Blocks and 4 C.B.M. Blocks are related to petroleum exploration. A petroleum basin includes a diverse collection of rocks and sediments, but most importantly it contains source rocks. Source rocks are specific shale formations in a basin where oil and gas are born. There are 26 sedimentary basins in India, covering a total area of 3.4 million square kilometer. Of the total sedimentary area, 49% of total area is located on land, 12% in shallow water (up to 400 meter water depth) and 39% in the deepwater area (farther up to Exclusive Economic Zone or EEZ). The jurisdiction of the EEZ extends 200 nautical miles from the coastline, thereby conferring on the coastal state the right to manage, explore, exploit, and conserve all resources within its purview, be they living or non-living.