Correct Answer: (b) Iceland
Solution:Iceland is located in the south of the Arctic Circle. The Arctic Circle passes through Finland, Norway, and Sweden. The Arctic Circle is a line of latitude at approximately 66°33′ North of the equator. The main island of Iceland lies south of the Arctic Circle. The Arctic Circle passes through the small Icelandic island of Grímsey, located off the northern coast of Iceland. Iceland is known for its unique geological features, including glaciers, volcanic activity, and its proximity to the Arctic. Despite its northerly location, Iceland experiences a relatively mild climate due to the influence of the Gulf Stream. Iceland is a member of the Arctic Council, an intergovernmental forum for promoting cooperation in the Arctic region.