National Clean Energy Fund: Funding - Environment & Biodiversity

Q.  Which of the following statement / s is / are correct?

1) National Clean Energy Fund was constituted in the Consolidated Fund of India.
2) The Clean Energy Cess levied on certain goods funds this Fund.
- Published on 28 Aug 15

a. Only 1
b. Only 2
c. Both 1 and 2
d. None of the above

ANSWER: Only 2
 
It was constituted in the Public Account of India. National Clean Energy Fund (NCEF) is created for funding research and innovative projects in clean energy technologies.

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