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The correct answer is option 4, which states that only the third statement is correct.
Here`s an explanation for each statement:
1. "In India, State Governments do not have the power to auction non-coal mines." - This statement is incorrect. The Mines and Minerals (Development and Regulation) Amendment Act, 2015 empowers state governments in India to auction non-coal mines.
2. "Andhra Pradesh and Jharkhand do not have gold mines." - This statement is also incorrect. Both Andhra Pradesh and Jharkhand have gold mines. For example, the Jonnagiri gold project is located in Andhra Pradesh, and the Parasi Gold Mine is located in Jharkhand.
3. "Rajasthan has iron ore mines" - This statement is correct. Rajasthan does have iron ore mines, such as the Bhilwara Iron Ore mine.
Thus, only the third statement is accurate, making option 4 the correct answer.