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    Question

    Which organization has decided to impose a carbon tax

    (CBAM) on products from certain sectors like steel and cement from countries such as India and China?
    A United Nations (UN) Correct Answer Incorrect Answer
    B African Union (AU) Correct Answer Incorrect Answer
    C European Union (EU) Correct Answer Incorrect Answer
    D International Monetary Fund (IMF) Correct Answer Incorrect Answer
    E World Trade Organization (WTO) Correct Answer Incorrect Answer

    Solution

    The European Union has decided to impose a carbon tax (CBAM) on products from certain sectors like steel, cement from countries like India and China. The carbon tax will come into effect from January 1, 2026.

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