Q1. With reference to India's climate policy, the term 'Carbon Capture, Utilisation and Storage (CCUS)', which received a five-year financial envelope in the Union Budget 2026-27, refers to which one of the following?
- A. A set of technologies that capture CO₂ from industrial point sources and either use it as feedstock or permanently store it in geological formations
- B. A market-based mechanism that allows industries to trade carbon credits across designated emission-intensive sectors
- C. A satellite-based monitoring framework that measures cross-border carbon emissions for the purpose of the EU's CBAM
- D. A financial taxonomy that classifies green bonds and sustainability-linked loans issued by Indian banks