Question

Describe the type of resources on the basis of status of development.

Answer 1

#potential resources :those which are found in region but have not been   utilised and have not been developed properly .
#developed resources :those which are surveyed and their quality and   quantity have been determined for utilisation.
#stock :resources that cannot be used due to the unavailablity of suitable   technology are called stock.
#reserves: are the subset of stock which can be put into use with help of   existing technical but has not been started.

Answer 2

Resources are classified on the basis of status of development in the following categories: i) Potential Resources - These are resources that have been found in a region but not yet been fully utilised. ... iv) Reserves - These are stocks of resources that can be put to use with existing technology