UPSC Prelims Practice Questions — Cabinet approves National Investment Policy for Urea-2026 for Atmanirbhar Bharat (NIPU-2026)
Q1. With reference to the National Investment Policy for Urea-2026 for Atmanirbhar Bharat (NIPU-2026), consider the following:
1. It is a proposal of the Department of Fertilizers.
2. It replaces the lapsed New Investment Policy (NIP)-2012.
3. It was framed to correct design flaws such as opaque costing under NIP-2012.
4. It shifts new urea production to a coal-based feedstock.
Which of the above is/are correctly identified?
- It is a proposal of the Department of Fertilizers.
- It replaces the lapsed New Investment Policy (NIP)-2012.
- It was framed to correct design flaws such as opaque costing under NIP-2012.
- It shifts new urea production to a coal-based feedstock.
- A. 1, 2 and 3
- B. 1, 3 and 4
- C. 2, 3 and 4
- D. 1, 2, 3 and 4
Q2. Which one of the following bodies approved the National Investment Policy for Urea-2026 (NIPU-2026) in July 2026?
- A. Union Cabinet (full Cabinet)
- B. Cabinet Committee on Economic Affairs
- C. Cabinet Committee on Security
- D. NITI Aayog Governing Council
Q3. With reference to a comparison between NIP-2012 and NIPU-2026, consider the following statements:
1. Unlike NIP-2012, NIPU-2026 introduces a defined Return on Equity band to make fresh investment viable.
2. NIPU-2026 is estimated to save over Rs.250 crore per plant compared to NIP-2012.
3. The new-investment period under NIP-2012 expired in October 2015.
Which of the statements given above is/are correct?
- Unlike NIP-2012, NIPU-2026 introduces a defined Return on Equity band to make fresh investment viable.
- NIPU-2026 is estimated to save over Rs.250 crore per plant compared to NIP-2012.
- The new-investment period under NIP-2012 expired in October 2015.
- A. 1 only
- B. 1 and 2 only
- C. 2 and 3 only
- D. 1, 2 and 3
Q4. Under NIP-2012, six new urea units were set up. Consider the following identifications of these units:
1. Ramagundam (RFCL) — set up as a PSU joint venture.
2. Gorakhpur (HURL) — set up as a PSU joint venture.
3. Gadepan-III (CFCL) — set up by a private company.
4. Panagarh (Matix) — set up as a PSU joint venture.
Which of the above is/are NOT correctly matched?
- Ramagundam (RFCL) — set up as a PSU joint venture.
- Gorakhpur (HURL) — set up as a PSU joint venture.
- Gadepan-III (CFCL) — set up by a private company.
- Panagarh (Matix) — set up as a PSU joint venture.
- A. 1 only
- B. 2 only
- C. 3 only
- D. 4 only
Q5. Under NIPU-2026, what is the ceiling (upper limit) of the Return on Equity (RoE) band offered to urea investors?
Q6. How many urea manufacturing units are currently operational in India, as referenced in the context of NIPU-2026?
- A. 25 units
- B. 30 units
- C. 33 units
- D. 6 units
Q7. With reference to India's current urea sector, consider the following:
1. India has 33 operational urea manufacturing units.
2. India's installed/reassessed urea capacity is about 269.42 LMT.
3. India still imports urea to meet its assessed demand.
4. India is currently a net exporter of urea.
Which of the above is/are correctly identified?
- India has 33 operational urea manufacturing units.
- India's installed/reassessed urea capacity is about 269.42 LMT.
- India still imports urea to meet its assessed demand.
- India is currently a net exporter of urea.
- A. 1, 2 and 3
- B. 1 and 4 only
- C. 2, 3 and 4
- D. 1, 2, 3 and 4
Q8. Which one of the following is the primary feedstock targeted for the new urea manufacturing units to be set up under NIPU-2026?
- A. Coal
- B. Natural gas
- C. Naphtha
- D. Fuel oil
Q9. The New Urea Policy (NUP)-2015, notified by the Department of Fertilizers, was framed for how many existing gas-based urea units?
- A. 20 units
- B. 25 units
- C. 30 units
- D. 33 units
Q10. With reference to the linkage of NIPU-2026 with self-reliance in agri-inputs, consider the following:
1. It is positioned under the Atmanirbhar Bharat self-reliance branding.
2. It aims to reduce India's dependence on imported urea.
3. It is expected to help cut the fertilizer subsidy/forex outgo.
4. It replaces the Direct Benefit Transfer (DBT) system for fertilizer subsidy.
Which of the above is/are correctly identified?
- It is positioned under the Atmanirbhar Bharat self-reliance branding.
- It aims to reduce India's dependence on imported urea.
- It is expected to help cut the fertilizer subsidy/forex outgo.
- It replaces the Direct Benefit Transfer (DBT) system for fertilizer subsidy.
- A. 1, 2 and 3
- B. 2, 3 and 4
- C. 1 and 4 only
- D. 1, 2, 3 and 4
Q11. Who chairs the Cabinet Committee on Economic Affairs (CCEA), the body that approved NIPU-2026?
- A. Union Finance Minister
- B. Cabinet Secretary
- C. President of India
- D. Prime Minister