Q. Consider the following statements::
1.Arctic region has rich deposits of coal and diamond.
2.India is one of the members of the Arctic Council.
3.India is a signatory to the Svalbard Treaty. 
Which of the statements given above is/are correct?

[A] 1 and 2 only

[B] 1 only

[C] 1 and 3 only

[D] 2 only

Answer: C
Notes:

Statement 1 and 3 are correct. Arctic region has rich deposits of coal, gypsum and diamonds and also substantial reserves of zinc, lead, placer gold and quartz. India is signatory to the Svalbard Treaty that recognises the sovereignty of Norway over the Arctic Archipelago of Svalbard.

Statement 2 is incorrect. India is one of the 13 Observers in the Arctic Council and not a member.

Source: ForumIAS