{"id":2444,"date":"2025-05-02T12:50:04","date_gmt":"2025-05-02T07:20:04","guid":{"rendered":"https:\/\/lotusarise.com\/qna\/?p=2444"},"modified":"2025-05-02T12:50:07","modified_gmt":"2025-05-02T07:20:07","slug":"q-consider-the-following-statements-145","status":"publish","type":"post","link":"https:\/\/lotusarise.com\/qna\/upsc\/q-consider-the-following-statements-145","title":{"rendered":"Q. Consider the following statements:"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Statement-I<\/strong>: The European Parliament approved The Net-Zero Industry Act recently.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Statement-II:<\/strong>&nbsp;The European Union intends to achieve carbon neutrality&nbsp;<strong>by 2040<\/strong>&nbsp;and therefore aims to develop all of its own clean technology by that time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Which one of the following is correct in respect of the above statements?<\/p>\n\n\n\n<ul class=\"wp-block-list mcq\">\n<li>Both Statement-I and Statement-II are correct and Statement-I explains Statement-II<\/li>\n\n\n\n<li>Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I<\/li>\n\n\n\n<li>Statement-1 is correct, but Statement-II is incorrect<\/li>\n\n\n\n<li>Statement-I is incorrect, but Statement-II is correct<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Answer:<\/strong>&nbsp;<strong>(c) Statement-1 is correct, but Statement-II is incorrect<\/strong><\/p>\n<\/blockquote>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"notes-hd-6814604d69fad\">Notes:<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Net-Zero Industry Act (NZIA) is a piece of EU legislation aimed at\u00a0<strong>accelerating the transition to a net-zero economy by strengthening the EU\u2019s manufacturing capacity for net-zero technologies.<\/strong><\/li>\n\n\n\n<li>European Parliament approved the\u00a0<strong>Net-Zero industry Act to bolster EU production in technologies needed for decarbonisation<\/strong>.<\/li>\n\n\n\n<li>The<strong>\u00a0\u201cNet-Zero industry Act\u201d,<\/strong>\u00a0already informally agreed upon with the Council,\u00a0<strong>sets a target for Europe to produce\u00a040%\u00a0of its annual deployment needs in net-zero technologies by 2030,<\/strong>\u00a0based on\u00a0<strong>National Energy and Climate Plans (NECPs)<\/strong>\u00a0and\u00a0<strong>to capture 15% of the global market value for these technologies<\/strong>.<\/li>\n\n\n\n<li>Technologies to be supported include all renewable technologies, nuclear, industrial decarbonisation, grid, energy storage technologies, and biotech.<\/li>\n\n\n\n<li>The law will simplify the permitting process, setting maximum timelines for projects to be authorised depending on their scope and output.<\/li>\n\n\n\n<li>The agreement provides for the creation of\u00a0<strong>\u201cNet-Zero Acceleration Valleys\u201d<\/strong>\u00a0initiatives, speeding up the permitting process by delegating parts of the evidence collection for environmental assessments to member states.<\/li>\n\n\n\n<li>The NZIA is a key component of the EU\u2019s strategy\u00a0<strong>to achieve climate neutrality by 2050, as outlined in the European Green Deal.<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Statement-I: The European Parliament approved The Net-Zero Industry Act recently. Statement-II:&nbsp;The European Union intends to achieve carbon neutrality&nbsp;by 2040&nbsp;and therefore aims to develop all of its own clean technology by that time. Which one of the following is correct in respect of the above statements? Answer:&nbsp;(c) Statement-1 is correct, but Statement-II is incorrect Notes:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[1,3],"tags":[47],"years":[49],"class_list":["post-2444","post","type-post","status-publish","format-standard","hentry","category-upsc","category-prelims","tag-international-relations","years-49"],"acf":[],"taxonomy_info":{"category":[{"value":1,"label":"UPSC"},{"value":3,"label":"Prelims"}],"post_tag":[{"value":47,"label":"International Relations"}],"years":[{"value":49,"label":"2024"}]},"featured_image_src_large":false,"author_info":{"display_name":"LotusArise","author_link":"https:\/\/lotusarise.com\/qna\/author\/team-lotusarise"},"comment_info":0,"category_info":[{"term_id":1,"name":"UPSC","slug":"upsc","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"","parent":0,"count":1269,"filter":"raw","cat_ID":1,"category_count":1269,"category_description":"","cat_name":"UPSC","category_nicename":"upsc","category_parent":0},{"term_id":3,"name":"Prelims","slug":"prelims","term_group":0,"term_taxonomy_id":3,"taxonomy":"category","description":"","parent":1,"count":1251,"filter":"raw","cat_ID":3,"category_count":1251,"category_description":"","cat_name":"Prelims","category_nicename":"prelims","category_parent":1}],"tag_info":[{"term_id":47,"name":"International Relations","slug":"international-relations","term_group":0,"term_taxonomy_id":47,"taxonomy":"post_tag","description":"","parent":0,"count":79,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/2444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/comments?post=2444"}],"version-history":[{"count":0,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/2444\/revisions"}],"wp:attachment":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/media?parent=2444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/categories?post=2444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/tags?post=2444"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/years?post=2444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}