Q. Consider the following statements regarding iron ores in India:

1. Hematite is the finest iron ore, having the highest iron content of up to 70 percent.
2. Magnetite is the primary industrial iron ore in India in terms of quantity, but contains slightly less iron than hematite.

Which of the above statements is / are correct?
Answer: None of the above
Notes: Neither statement is correct. Magnetite, not hematite, is the finest iron ore with an iron content of up to 70% and excellent magnetic properties. Hematite, while having slightly less iron content (50-60%), is the most important industrial ore by quantity in India, not magnetite.