← Topics 0/10 answered

Topic 216 · Environment, Climate & Biodiversity

CBAM and India's carbon market

10 MCQs · tap an option to check it · All answers

Revise the 12 points first Book 1 RATNA

Core Trigger: The EU's carbon border tax (CBAM) entered its definitive phase on 1 January 2026; certificates for 2026 imports are bought from February 2027.
Exposure: Iron and steel make up about 90% of India's CBAM-exposed exports to the EU.
Administrator: The Bureau of Energy Efficiency administers India's Carbon Credit Trading Scheme.
Key Term: CBAM charges importers for emissions embedded in goods such as steel, aluminium, cement and fertilisers.
Steel Data: India's Green Steel Taxonomy (2024) gives star ratings; steel routes are BF-BOF, DRI and EAF.
Stakeholders: India's Carbon Credit Trading Scheme sets emission-intensity targets for energy-intensive industries.
India Link: Levers include green hydrogen, scrap and CCUS; the National Green Hydrogen Mission was approved in January 2023.
Seat: CBAM is administered under the European Commission in Brussels, Belgium.
Founded: India's Carbon Credit Trading Scheme was notified on 28 June 2023.
Landmark: Article 6 of the Paris Agreement (2015) covers cooperative approaches and carbon markets.
Statute: Section 14(w) of the Energy Conservation Act, 2001, inserted in 2022, empowers the scheme; section 14AA covers certificates.
Doctrine: Common but differentiated responsibilities, from the UNFCCC (1992), is the principle invoked in debates on carbon border taxes.

Question 1 of 10

The definitive phase of the EU's carbon border tax (CBAM) began on which date?

Show answer

Answer: (D) 1 January 2026

Core Trigger: The EU's carbon border tax (CBAM) entered its definitive phase on 1 January 2026; certificates for 2026 imports are bought from February 2027.From Book 1 RATNA, topic 216, point 1

Question 2 of 10

Which sector makes up about 90% of India's CBAM-exposed exports to the EU?

Show answer

Answer: (D) Iron and steel

Exposure: Iron and steel make up about 90% of India's CBAM-exposed exports to the EU.From Book 1 RATNA, topic 216, point 2

Question 3 of 10

Which body administers India's Carbon Credit Trading Scheme?

Show answer

Answer: (B) Bureau of Energy Efficiency

Administrator: The Bureau of Energy Efficiency administers India's Carbon Credit Trading Scheme.From Book 1 RATNA, topic 216, point 3

Question 4 of 10

CBAM charges importers for which cost element in goods such as steel and cement?

Show answer

Answer: (D) Emissions embedded in the goods

Key Term: CBAM charges importers for emissions embedded in goods such as steel, aluminium, cement and fertilisers.From Book 1 RATNA, topic 216, point 4

Question 5 of 10

India's Green Steel Taxonomy (2024) rates steel using which system?

Show answer

Answer: (B) Star ratings

Steel Data: India's Green Steel Taxonomy (2024) gives star ratings; steel routes are BF-BOF, DRI and EAF.From Book 1 RATNA, topic 216, point 5

Question 6 of 10

Consider: 1) Levers for cutting steel emissions include green hydrogen, scrap and CCUS. 2) The National Green Hydrogen Mission was approved in January 2021. Which is/are correct?

Show answer

Answer: (A) Only 1

India Link: Levers include green hydrogen, scrap and CCUS; the National Green Hydrogen Mission was approved in January 2023.From Book 1 RATNA, topic 216, point 7

Question 7 of 10

CBAM is administered under the European Commission, based in which city?

Show answer

Answer: (D) Brussels

Seat: CBAM is administered under the European Commission in Brussels, Belgium.From Book 1 RATNA, topic 216, point 8

Question 8 of 10

India's Carbon Credit Trading Scheme was notified on which date?

Show answer

Answer: (D) 28 June 2023

Founded: India's Carbon Credit Trading Scheme was notified on 28 June 2023.From Book 1 RATNA, topic 216, point 9

Question 9 of 10

Which Article of the Paris Agreement (2015) covers cooperative approaches and carbon markets?

Show answer

Answer: (D) Article 6

Landmark: Article 6 of the Paris Agreement (2015) covers cooperative approaches and carbon markets.From Book 1 RATNA, topic 216, point 10

Question 10 of 10

Consider: 1) Section 14(w) of the Energy Conservation Act, 2001 empowers the carbon credit scheme. 2) Common but differentiated responsibilities comes from the UNFCCC (1992). Which is/are correct?

Show answer

Answer: (C) Both 1 and 2

Statute: Section 14(w) of the Energy Conservation Act, 2001, inserted in 2022, empowers the scheme; section 14AA covers certificates.From Book 1 RATNA, topic 216, point 11

Answer all ten to see your score

0 of 10 answered · 0 correct

See all answers →Next topic →

Track your weak chapters across all 380 topics — sign in to the free app.

Android app Web app (sign-in needed)

Open this topic in the app (sign-in needed)