UPSC Prelims Practice Questions — ‘Power, finance ministries have accepted policy for linking fiscal incentives with RE adoption’

Question 1

Under the revised Renewable Consumption Obligation (RCO) framework referenced by the Union Government in 2026, through how many distinct routes can an obligated entity achieve compliance?

Accepted Answer

Three

Answer

Two

Answer

Four

Answer

Five

Question 2

The new policy linking fiscal incentives of States with their adoption of renewable energy (signing of Power Purchase Agreements) was publicly announced by the Union Minister for New and Renewable Energy at which one of the following forums?

Accepted Answer

CII Annual Business Summit 2026

Answer

World Economic Forum 2026, Davos

Answer

India Energy Week 2026

Answer

4th Global RE-INVEST 2026

Question 3

With reference to the renewable energy investment trend in India highlighted at the CII Annual Business Summit 2026, consider the following statements comparing calendar year 2024 with 2025:
1. The number of renewable energy deals declined from 21 in 2024 to 18 in 2025.
2. The aggregate value of renewable energy deals rose from about $378 million to roughly $2 billion.
3. Global renewable energy investments grew by 7 per cent during the same period.
Which of the statements given above is/are correct?

Accepted Answer

1 and 2 only

Answer

2 and 3 only

Answer

1 and 3 only

Answer

1, 2 and 3

Question 4

The Carbon Credit Certificate Regulations, 2026 — cited as a supporting measure for the signing of renewable Power Purchase Agreements — were notified by which one of the following authorities?

Accepted Answer

Central Electricity Regulatory Commission

Answer

Bureau of Energy Efficiency

Answer

Central Electricity Authority

Answer

Ministry of New and Renewable Energy

UPSC Prelims Practice Questions — ‘Power, finance ministries have accepted policy for linking fiscal incentives with RE adoption’

Q1. Under the revised Renewable Consumption Obligation (RCO) framework referenced by the Union Government in 2026, through how many distinct routes can an obligated entity achieve compliance?

Q2. The new policy linking fiscal incentives of States with their adoption of renewable energy (signing of Power Purchase Agreements) was publicly announced by the Union Minister for New and Renewable Energy at which one of the following forums?

Q4. The Carbon Credit Certificate Regulations, 2026 — cited as a supporting measure for the signing of renewable Power Purchase Agreements — were notified by which one of the following authorities?