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Q5 · UPPSC current affairs · 29 September 2026 · News · WTO Dispute EU Carbon Border Adjustment Mechanism CBAM India Third Party

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English हिंदी

Consider the following statements regarding India's stance on the European Union's Carbon Border Adjustment Mechanism (CBAM):1.India and 17 other nations reserved third-party rights in Russia's WTO dispute against the EU's CBAM.2.The Dispute Settlement Body is an arm of the World Bank responsible for administering environmental sanctions.Which of the statements given above is/are correct?

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A Neither 1 nor 2
B 2 only
C 1 only
D Both 1 and 2

Correct answer: (c) 1 only

Explanation

Statement 1 is correct as India and 17 other nations reserved third-party rights in Russia's WTO dispute against the EU CBAM. Statement 2 is incorrect because the Dispute Settlement Body is an arm of the WTO, not the World Bank.

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