Which ministry released the document 'Strategy for Environmental Economic Accounts in India 2026-2030'?
- A.Ministry of Environment, Forest and Climate Change
- B.Ministry of Statistics and Programme Implementation
- C.Ministry of Earth Sciences
- D.NITI Aayog
Correct answer
B. Ministry of Statistics and Programme Implementation
Explanation
The correct answer is the Ministry of Statistics and Programme Implementation, usually shortened to MoSPI. The document is its own compilation and follows the earlier strategy that covered the period ending in 2026. Option A, the Ministry of Environment, Forest and Climate Change, is the natural guess because the subject is environmental, but environmental accounting is a statistical exercise and the release comes from the statistics ministry, whose National Statistical Office issued the earlier roadmap. Option C, the Ministry of Earth Sciences, is wrong because it is not named in the release, even though ocean accounts form one of the identified areas of work. Option D, NITI Aayog, is wrong as well: the policy institution has no part in this release, and the subjects covered were selected on the basis of the report Green National Account in India - A Framework and the SEEA Central Framework.
Read the full article: MoSPI Releases Environmental Accounts Strategy for 2026-2030
Practice Questions
The System of Environmental-Economic Accounting (SEEA), which India follows for its environment accounts, has been endorsed by which body?
- A.The United Nations Statistical Commission
- B.The World Bank
- C.The United Nations Environment Programme
- D.The International Monetary Fund
Show answer
Correct answer: A. The United Nations Statistical Commission
Explanation
The correct answer is the United Nations Statistical Commission. The release states plainly that MoSPI has been following the System of Environmental-Economic Accounting, which that commission has endorsed, and that the ministry took up work on various aspects of environment accounts from 2018. Option B, the World Bank, is wrong because the release does not credit it with endorsing the system, although the bank does publish wealth and natural capital estimates of its own. Option C, the United Nations Environment Programme, is a tempting choice because of its environmental mandate, but the body named here is the statistical commission, which sets standards for official statistics. Option D, the International Monetary Fund, is wrong because its work lies in macroeconomic and financial statistics rather than in environmental accounting standards of this kind.
Which of the following was identified as an area of work under the earlier Strategy for Environmental-Economic Accounts in India 2022-2026?
- A.Material Flow Accounts
- B.Consumer Price Index accounts
- C.Balance of payments accounts
- D.Monetary aggregates
Show answer
Correct answer: A. Material Flow Accounts
Explanation
The correct answer is Material Flow Accounts. The earlier roadmap, issued by the National Statistical Office under MoSPI, picked out Material Flow Accounts, Ocean Accounts, Energy Accounts and thematic accounts for biodiversity and urban areas as the areas to work on in that period. Following it, the ministry brought out studies and publications on forests, biodiversity, wetlands, ocean accounts, soil, water quality, croplands, energy, residuals, urban ecosystems and pollination services. Option B is wrong because the Consumer Price Index measures retail inflation and is not part of environmental accounting. Option C is wrong because balance of payments accounts record transactions with the rest of the world and are compiled in a different statistical stream. Option D is wrong because monetary aggregates belong to the central bank's money and banking statistics, not to environment accounts.
Which development is cited as strengthening the importance of environmental accounting in the new strategy document?
- A.Recognition of natural resource accounting in the System of National Accounts 2025
- B.The launch of a national carbon credit exchange
- C.A new chapter on green growth in the Economic Survey
- D.The merger of the National Statistical Office with the Central Statistics Office
Show answer
Correct answer: A. Recognition of natural resource accounting in the System of National Accounts 2025
Explanation
The correct answer is the recognition of natural resource accounting in the System of National Accounts 2025. The release says that developments under that system, particularly the way natural resource accounting is now recognised within the national accounting framework, strengthen the importance of environmental accounting, and that the subjects in the roadmap will help in understanding the links between natural resources, the economy and the environment while identifying data gaps. Option B is wrong because no carbon credit exchange is mentioned in the document. Option C is wrong because the Economic Survey is not referred to in this release at all. Option D is wrong because no such merger is discussed; the National Statistical Office is named only as the body that issued the earlier strategy for the period that ends in 2026.
The Telecom Regulatory Authority of India works under which union ministry?
- A.Ministry of Communications
- B.Ministry of Electronics and Information Technology
- C.Ministry of Information and Broadcasting
- D.Ministry of Commerce and Industry
Show answer
Correct answer: A. Ministry of Communications
Explanation
The correct answer is the Ministry of Communications, under which the Telecom Regulatory Authority of India functions and which issued the release on the Balasore drive test. TRAI's job is to regulate telecom services and tariffs and to protect the interests of subscribers, and drive tests are one of the ways it verifies the quality of service that operators actually deliver. Option B, the Ministry of Electronics and Information Technology, handles electronics manufacturing and information technology policy, not telecom regulation. Option C, the Ministry of Information and Broadcasting, deals with broadcasting, films and the press. Option D, the Ministry of Commerce and Industry, looks after trade and industrial policy. Candidates should also link the regulator with the quality parameters it publishes, such as call drop rate and Mean Opinion Score.
TRAI's Independent Drive Test reported for August 2026 was carried out in Balasore city, which falls in which licensed service area?
- A.Odisha
- B.Bihar
- C.West Bengal
- D.Jharkhand
Show answer
Correct answer: A. Odisha
Explanation
The correct answer is Odisha. Balasore is a city in Odisha, and the drive test was conducted in the Odisha licensed service area, with the exercise supervised by TRAI's regional office at Hyderabad. The route ran through places such as Januganj, Mallikashpur, Remuna, Soro, Nilagiri, Jaleswar and Baliapal, all in the Balasore belt of the state. Option B, Bihar, and option D, Jharkhand, are neighbouring states in the eastern region but do not contain Balasore. Option C, West Bengal, borders Balasore district on the north, which makes it a tempting choice, yet the city and the service area tested belong to Odisha. A licensed service area is the unit in which telecom operators hold licences and in which the regulator measures and compares quality of service.