Consider the following about National Clean Energy Fund and identify the incorrect one........

Environment and Ecology Environment- Institutional Structure

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Consider the following about National Clean Energy Fund and identify the incorrect one

It is administered under Ministry of Environment and Forest

Fund is generated from both indigenously mined as well as imported coal

It is a non-lapsable fund under public accounts

It’s allocation is utilized for NAPCC projects, Schemes of MNRE etc

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Explanation:

1st option is incorrect.
National Clean Energy Fund is administered under Ministry of Environment and Forest.
The National Clean Energy Fund (NCEF) is a fund created in 2010-11 using the carbon tax - clean energy cess - for funding research and innovative projects in clean energy technologies of public sector or private sector entities, upto the extent of 40% of the total project cost. Assistance is available as a loan or as a viability gap funding, as deemed fit by the Inter-Ministerial group, which decides on the merits of such projects.
The Fund is designed as a non lapsable fund under Public Accounts and with its secretariat in Plan Finance II Division, Department of Expenditure, Ministry of Finance