UPSC Prelims Practice Questions — Volume of electricity trade on IEX jumps 30%

Q1. With reference to the Indian Energy Exchange (IEX) trading data released for February 2026, consider the following statements: 1. The year-on-year growth in electricity trade volume in February 2026 was the highest monthly growth recorded since August 2024. 2. The year-on-year growth in Renewable Energy Certificates (RECs) traded in February 2026 exceeded the year-on-year growth in electricity trade volume in the same month. 3. February 2026 recorded the best February electricity trade volume growth in the past five years. Which of the statements given above is/are correct?

  1. The year-on-year growth in electricity trade volume in February 2026 was the highest monthly growth recorded since August 2024.
  2. The year-on-year growth in Renewable Energy Certificates (RECs) traded in February 2026 exceeded the year-on-year growth in electricity trade volume in the same month.
  3. February 2026 recorded the best February electricity trade volume growth in the past five years.
  • A. 1 and 2 only
  • B. 1 and 3 only
  • C. 2 and 3 only
  • D. 1, 2 and 3

Q2. As per the data released in March 2026, what was the approximate volume of electricity traded on the Indian Energy Exchange (IEX) in February 2026?

  • A. 9,650 Million Units
  • B. 12,550 Million Units
  • C. 15,840 Million Units
  • D. 18,860 Million Units

Q3. In the context of trading on the Indian Energy Exchange (IEX), what does one Renewable Energy Certificate (REC) represent?

  • A. 1 kilowatt-hour (kWh) of energy generated from renewable sources
  • B. 1 megawatt-hour (MWh) of energy generated from renewable sources
  • C. 1 gigawatt-hour (GWh) of energy generated from renewable sources
  • D. 1 megawatt (MW) of installed renewable energy capacity

Q4. Which of the following are market segments currently offered on the Indian Energy Exchange (IEX)? 1. Day-Ahead Market (DAM) 2. Real-Time Market (RTM) 3. Green Term-Ahead Market (G-TAM) 4. Electricity Commodity Futures Market Which of the above is/are correctly identified?

  1. Day-Ahead Market (DAM)
  2. Real-Time Market (RTM)
  3. Green Term-Ahead Market (G-TAM)
  4. Electricity Commodity Futures Market
  • A. 1 and 2 only
  • B. 1, 2 and 3 only
  • C. 2, 3 and 4 only
  • D. 1, 2, 3 and 4

Q5. Which of the following is the statutory regulator that approves and oversees the functioning of the Indian Energy Exchange (IEX)?

  • A. Securities and Exchange Board of India (SEBI)
  • B. Central Electricity Authority (CEA)
  • C. Central Electricity Regulatory Commission (CERC)
  • D. Bureau of Energy Efficiency (BEE)