2017 · Q43
Cess on coal at Rs. 100 per ton is a type of
Indian EconomyFiscal policy and budget
- Acarbon tax
- Bcarbon subsidy
- Ccarbon incentive for technology
- Dcarbon incentive for selling carbon permit
Explanation
The Clean Energy Cess of Rs. 100 per tonne on coal (later raised to Rs. 200 and then Rs. 400) functioned as India's carbon tax, a levy on the carbon content of coal to discourage its use. It was not a subsidy, a technology incentive, or a permit-trading incentive. Hence A.