Official Answer Key & Detailed Solution
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Correct Answer: Option (D) — Neither 1 nor 2
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is incorrect: India has negligible domestic capacity for manufacturing silicon wafers/ingots and relies heavily on imports (primarily from China, Taiwan, and South Korea).
Statement 2 is incorrect: Solar tariffs are determined through competitive reverse bidding and adopted/regulated by the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commissions (SERCs) under the Electricity Act, 2003. SECI is a central public sector undertaking that facilitates tendering and procurement, not a tariff regulator.
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