Q. Consider the following statements:
  1. Chile is the largest producer of Copper in the World
  2. "Chileanisation of copper" refers to the process used in Chile for Copper extraction
Which among the above statements is/ are correct?

Answer: Only 1 is correct
Notes:
  1. Chile is the largest producer of Copper in the World: This statement is correct. Chile has been the world's top copper producer for over 30 years and currently produces about 28% of the world's copper.
  2. "Chileanisation of copper" refers to the process used in Chile for Copper extraction: This statement is incorrect. "Chileanisation of copper" refers to the nationalization of foreign-owned copper mines in Chile during the government of President Salvador Allende in the early 1970s. It does not refer to any specific mining process.