UPSC Prelims Practice Questions — Inox Clean buys solar energy assets in U.S. for $750 mn

Question 1

The 'Approved List of Models and Manufacturers' (ALMM) Order for solar PV modules and cells is issued and maintained by which one of the following?

Accepted Answer

Ministry of New and Renewable Energy

Answer

Ministry of Power

Answer

Ministry of Heavy Industries

Answer

Ministry of Electronics and Information Technology

Question 2

Within about seven months of its introduction, the ALMM List-II for solar PV cells is reported to have reached approximately what manufacturing capacity?

Accepted Answer

27 GW

Answer

8.2 GW

Answer

100 GW

Answer

144 GW

Question 3

The 'National Programme on High Efficiency Solar PV Modules'—the PLI scheme underpinning India's rise past 100 GW of module capacity in 2025—is administered by which ministry?

Accepted Answer

Ministry of New and Renewable Energy

Answer

Ministry of Power

Answer

Ministry of Commerce and Industry

Answer

Ministry of Heavy Industries

Question 4

In the deal reported as among the largest acquisitions of US renewable-energy manufacturing assets by an Indian company, Inox Clean acquired the US solar manufacturing assets of which single company for about $750 million?

Accepted Answer

Boviet Solar Technology LLC

Answer

First Solar Inc.

Answer

SunPower Corporation

Answer

Hanwha Qcells

Question 5

Inox Clean cited eligibility for US domestic-manufacturing tax credits (Section 45X) as a rationale for the Boviet deal. These credits were created under which US law?

Accepted Answer

Inflation Reduction Act (IRA)

Answer

CHIPS and Science Act

Answer

Bipartisan Infrastructure Law

Answer

Defense Production Act

Question 6

The US Section 45X Advanced Manufacturing Production Credit—key to Indian firms' interest in US clean-energy manufacturing—subsidises how many broad categories of clean-energy goods?

Accepted Answer

Five

Answer

Three

Answer

Four

Answer

Seven

Question 7

Which wholly-owned government company, set up under MNRE in 2011, executes solar mission components such as competitive tenders, solar parks and power procurement?

Accepted Answer

Solar Energy Corporation of India (SECI)

Answer

NTPC Limited

Answer

IREDA

Answer

Power Grid Corporation of India

UPSC Prelims Practice Questions — Inox Clean buys solar energy assets in U.S. for $750 mn

Q1. The 'Approved List of Models and Manufacturers' (ALMM) Order for solar PV modules and cells is issued and maintained by which one of the following?

Q2. Within about seven months of its introduction, the ALMM List-II for solar PV cells is reported to have reached approximately what manufacturing capacity?

Q3. The 'National Programme on High Efficiency Solar PV Modules'—the PLI scheme underpinning India's rise past 100 GW of module capacity in 2025—is administered by which ministry?

Q4. In the deal reported as among the largest acquisitions of US renewable-energy manufacturing assets by an Indian company, Inox Clean acquired the US solar manufacturing assets of which single company for about $750 million?

Q5. Inox Clean cited eligibility for US domestic-manufacturing tax credits (Section 45X) as a rationale for the Boviet deal. These credits were created under which US law?

Q6. The US Section 45X Advanced Manufacturing Production Credit—key to Indian firms' interest in US clean-energy manufacturing—subsidises how many broad categories of clean-energy goods?

Q7. Which wholly-owned government company, set up under MNRE in 2011, executes solar mission components such as competitive tenders, solar parks and power procurement?