| Consider the following statements: |
| 1. Nearly 30% of the petroleum production in the world is from the offshore areas. |
| 2. The exclusive economic zone in the oceans extends up to 100 nautical miles from the coast. |
| 3. Only less than 1% of marine area is declared as protected area. |
| 4. The largest marine protected area is the Great Barrier Reef. Which of the statements given above are correct? |
A) 1 and 2
B) 1, 3 and 4
C) 1 and 4
D) 2 and 3
Correct Answer: B
Solution :
[b] An exclusive economic zone (EEZ) is a sea zone prescribed by the United Nations Convention on the Law of the Sea over which a state has special rights regarding the exploration and use of marine resources, including energy production from water and wind. It stretches from the baseline out to 200 nautical miles (nmi) from its coast.
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