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Correct Option is 1 and 2

"According to Article 297, things of value within territorial waters or continental shelf and resources of the exclusive economic zone of India vest in the Union. It also empowers the parliament to make law for the limits of the territorial waters, the continental shelf, the exclusive economic zone, and other maritime zones of India. At present, India’s territorial zone and exclusive economic zone extends up to 12 nautical miles and 200 nautical miles from the baseline respectively."

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