On 29 June 2016, the Union Cabinet approved the National Mineral Exploration Policy (NMEP). Which fact is true in this regard?

• A. With this approval, the government can auction 100 mineral blocks, which have been identified by the Geological Survey of India (GSI) for exploration.
• B. The policy proposes that the selection of private sector mineral exploration companies will be done through a transparent process of competitive bidding through e-auction.
• C. (1) and (2) both
• D. neither of the above