Resources classified on the basis of status of development :
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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.
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On the basis of the status of development, resources are classified into four groups, namely potential, developed, stock and reserve.
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