Agreements for the exploration, development and utilisation of natural resources under Article XII, Section 2 may last for a period of:

Correct answer: A. Not more than 25 years, renewable for not more than 25 years

Section 2 provides that such agreements shall be for a period not exceeding twenty-five years, renewable for not more than twenty-five years, and under terms and conditions provided by law.

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Answer and explanation

The correct answer is A. Not more than 25 years, renewable for not more than 25 years

Section 2 provides that such agreements shall be for a period not exceeding twenty-five years, renewable for not more than twenty-five years, and under terms and conditions provided by law.

Topic: National Economy and Patrimony (Article XII) MCQs · Subject: General Information