LEAD AUDITOR CERTIFICATION
Exam QUESTIONS AND VERIFIED
ANSWERS .pdf
What is the SHANTI Bill, 2025? - answer- A bill introduced to overhaul India's nuclear
energy laws and enable private sector participation in nuclear power plants.
What existing laws does the SHANTI Bill replace? - answer- The Atomic Energy Act,
1962 and the Civil Liability for Nuclear Damage Act, 2010.
What new opportunities does the SHANTI Bill create? - answer- It allows private Indian
companies, joint ventures, and foreign entities to build, own, and operate nuclear power
plants.
What strategic areas does the SHANTI Bill retain government control over? - answer-
Nuclear fuel production, heavy water manufacturing, and radioactive waste
management.
What statutory status does the SHANTI Bill grant? - answer- It grants statutory backing
to the Atomic Energy Regulatory Board (AERB).
How does the SHANTI Bill revise the nuclear liability framework? - answer- It removes
supplier liability and caps operator liability based on plant capacity.
What is the purpose of the proposed Atomic Disputes Tribunal? - answer- To improve
regulatory certainty and investor confidence in the nuclear sector.
What advanced technologies does the SHANTI Bill facilitate? - answer- It supports the
deployment of Small Modular Reactors (SMRs) and indigenous reactor designs.
What are the criticisms surrounding the SHANTI Bill? - answer- Critics argue it weakens
accountability in nuclear accidents and undermines public safety.
What is India's current nuclear power capacity as of 2025? - answer- 8.18 GW, with a
target of 100 GW by 2047.
What is the Nuclear Energy Mission launched in 2025-26 focused on? - answer-
Research and development of Small Modular Reactors (SMRs).
, What are the ambitious capacity targets for India's nuclear energy? - answer- Expand
from 8.8 GW to 22 GW by 2032 and 100 GW by 2047.
What financial gap exists for achieving the 100 GW target? - answer- About Rs 15 lakh
crore is needed, while only Rs 20,000 crore is provided in the Budget 2025-26.
What are the project delays faced by NPCIL? - answer- Chronic delays in projects like
Kudankulam Units 3-6.
What are the key technology developments mentioned in the SHANTI Bill? - answer-
Bharat Small Reactors (BSRs), Small Modular Reactors (SMRs), Molten Salt Reactors,
and High-Temperature Gas-Cooled Reactors.
What measures are suggested to strengthen nuclear governance in India? - answer-
Strengthening regulatory independence, rebalancing safety and investment incentives,
and building public trust through transparency.
What is the significance of the 'polluter pays' principle in the context of the SHANTI Bill?
- answer- It emphasizes that those responsible for pollution should bear the costs of
managing it, which critics argue is undermined by the Bill.
What is the role of private firms in India's nuclear energy sector according to the
SHANTI Bill? - answer- Private firms can improve project management, innovation, and
investment in nuclear power.
What is the expected outcome of enabling private participation in nuclear energy? -
answer- To accelerate the adoption of advanced nuclear technologies and improve
safety and scalability.
How does the SHANTI Bill address the need for uranium supply chains? - answer- It
necessitates private involvement in uranium mining, processing, and imports for fuel
security.
What is the impact of the SHANTI Bill on public safety concerns? - answer- It raises
concerns that reduced liability may compromise public safety in the event of nuclear
accidents.
What is the full name of the SHANTI Act? - answer- The Sustainable Harnessing and
Advancement of Nuclear Energy for Transforming India Act, 2025.
When did the SHANTI Act receive presidential assent? - answer- 20th December 2025.
What previous laws does the SHANTI Act replace? - answer- The Atomic Energy Act,
1962 and the Civil Liability for Nuclear Damage Act, 2010.