{"id":92171,"date":"2025-06-01T11:16:17","date_gmt":"2025-06-01T11:16:17","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=92171"},"modified":"2025-06-01T11:16:17","modified_gmt":"2025-06-01T11:16:17","slug":"consider-the-following-statements-statement-i-the-european-parliam","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/","title":{"rendered":"Consider the following statements :\nStatement-I : The European Parliam"},"content":{"rendered":"

Consider the following statements :
\nStatement-I : The European Parliament approved The Net-Zero Industry Act recently.
\nStatement-II : The European Union intends to achieve carbon neutrality by 2040 and therefore aims to develop all of its own clean technology by that time.
\nWhich one of the following is correct in respect of the above statements ?<\/p>\n

[amp_mcq option1=”Both Statement-I and Statement-II are correct and Statement-II explains Statement-I” option2=”Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I” option3=”Statement-I is correct, but Statement-II is incorrect” option4=”Statement-I is incorrect, but Statement-II is correct” correct=”option3″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC IAS – 2024<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nStatement-I is correct: The European Parliament recently approved the Net-Zero Industry Act. This act is a key part of the EU’s Green Deal Industrial Plan. Statement-II is incorrect: The European Union’s target year for achieving carbon neutrality is **2050**, not 2040. While the Net-Zero Industry Act aims to strengthen the EU’s domestic manufacturing capacity for clean technologies, the goal is tied to meeting the 2050 climate target, not necessarily developing *all* technology domestically by 2040.
\n<\/section>\n
\n– The Net-Zero Industry Act was proposed by the EU Commission and approved through the EU legislative process.
\n– The Act aims to boost the manufacturing of strategic net-zero technologies within the EU.
\n– The primary EU target for climate neutrality (net-zero emissions) is set for 2050.
\n<\/section>\n
\nThe Net-Zero Industry Act is intended to make the EU’s economy more resilient and competitive in the transition to clean energy, reducing reliance on imports for crucial technologies like solar panels, wind turbines, and batteries. The 2050 climate neutrality target is enshrined in the European Climate Law.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Consider the following statements : Statement-I : The European Parliament approved The Net-Zero Industry Act recently. Statement-II : The European Union intends to achieve carbon neutrality by 2040 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 … <\/p>\n

Detailed SolutionConsider the following statements :
\nStatement-I : The European Parliam<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1103,1142],"class_list":["post-92171","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1103","tag-current-news-and-affairs","no-featured-image-padding"],"yoast_head":"\nConsider the following statements : Statement-I : The European Parliam<\/title>\n<meta name=\"description\" content=\"Statement-I is correct: The European Parliament recently approved the Net-Zero Industry Act. This act is a key part of the EU's Green Deal Industrial Plan. Statement-II is incorrect: The European Union's target year for achieving carbon neutrality is **2050**, not 2040. While the Net-Zero Industry Act aims to strengthen the EU's domestic manufacturing capacity for clean technologies, the goal is tied to meeting the 2050 climate target, not necessarily developing *all* technology domestically by 2040. - The Net-Zero Industry Act was proposed by the EU Commission and approved through the EU legislative process. - The Act aims to boost the manufacturing of strategic net-zero technologies within the EU. - The primary EU target for climate neutrality (net-zero emissions) is set for 2050.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consider the following statements : Statement-I : The European Parliam\" \/>\n<meta property=\"og:description\" content=\"Statement-I is correct: The European Parliament recently approved the Net-Zero Industry Act. This act is a key part of the EU's Green Deal Industrial Plan. Statement-II is incorrect: The European Union's target year for achieving carbon neutrality is **2050**, not 2040. While the Net-Zero Industry Act aims to strengthen the EU's domestic manufacturing capacity for clean technologies, the goal is tied to meeting the 2050 climate target, not necessarily developing *all* technology domestically by 2040. - The Net-Zero Industry Act was proposed by the EU Commission and approved through the EU legislative process. - The Act aims to boost the manufacturing of strategic net-zero technologies within the EU. - The primary EU target for climate neutrality (net-zero emissions) is set for 2050.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:16:17+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Consider the following statements : Statement-I : The European Parliam","description":"Statement-I is correct: The European Parliament recently approved the Net-Zero Industry Act. This act is a key part of the EU's Green Deal Industrial Plan. Statement-II is incorrect: The European Union's target year for achieving carbon neutrality is **2050**, not 2040. While the Net-Zero Industry Act aims to strengthen the EU's domestic manufacturing capacity for clean technologies, the goal is tied to meeting the 2050 climate target, not necessarily developing *all* technology domestically by 2040. - The Net-Zero Industry Act was proposed by the EU Commission and approved through the EU legislative process. - The Act aims to boost the manufacturing of strategic net-zero technologies within the EU. - The primary EU target for climate neutrality (net-zero emissions) is set for 2050.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/","og_locale":"en_US","og_type":"article","og_title":"Consider the following statements : Statement-I : The European Parliam","og_description":"Statement-I is correct: The European Parliament recently approved the Net-Zero Industry Act. This act is a key part of the EU's Green Deal Industrial Plan. Statement-II is incorrect: The European Union's target year for achieving carbon neutrality is **2050**, not 2040. While the Net-Zero Industry Act aims to strengthen the EU's domestic manufacturing capacity for clean technologies, the goal is tied to meeting the 2050 climate target, not necessarily developing *all* technology domestically by 2040. - The Net-Zero Industry Act was proposed by the EU Commission and approved through the EU legislative process. - The Act aims to boost the manufacturing of strategic net-zero technologies within the EU. - The primary EU target for climate neutrality (net-zero emissions) is set for 2050.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:16:17+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/","url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/","name":"Consider the following statements : Statement-I : The European Parliam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:16:17+00:00","dateModified":"2025-06-01T11:16:17+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Statement-I is correct: The European Parliament recently approved the Net-Zero Industry Act. This act is a key part of the EU's Green Deal Industrial Plan. Statement-II is incorrect: The European Union's target year for achieving carbon neutrality is **2050**, not 2040. While the Net-Zero Industry Act aims to strengthen the EU's domestic manufacturing capacity for clean technologies, the goal is tied to meeting the 2050 climate target, not necessarily developing *all* technology domestically by 2040. - The Net-Zero Industry Act was proposed by the EU Commission and approved through the EU legislative process. - The Act aims to boost the manufacturing of strategic net-zero technologies within the EU. - The primary EU target for climate neutrality (net-zero emissions) is set for 2050.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-statement-i-the-european-parliam\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC IAS","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-ias\/"},{"@type":"ListItem","position":3,"name":"Consider the following statements : Statement-I : The European Parliam"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/92171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=92171"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/92171\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=92171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=92171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=92171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}