Attempt this previous-year question. The correct option stays hidden until you choose.
Consider the following statements:
Statement-I: Carbon markets are likely to be one of the most widespread tools in the fight against climate change.
Statement-II: Carbon markets transfer resources from the private sector to the State.
Which one of the following is correct in respect of the above statements?
Pick an option to check yourself.
• Correct Answer: B
• Carbon markets are recognized as key climate mitigation tools, projected to exceed $50 billion by 2030.
• They transfer resources from private sector to State in compliance markets, but this is not why they are widespread tools.
• Statement-II does not explain Statement-I as markets work via incentives, not just resource transfers.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.
GyanGram