Consider the following statements: Statement- I:Carbon markets are likely to be one of the most widespread…

Question

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?

Accepted Answer

Statement I is correct but Statement II is incorrect

Answer

Both Statements- I and Statement II are correct and Statement II is the correct explanation for Statement I

Answer

Both Statements- I and Statement II are correct and Statement II is not the correct explanation for Statement I

Answer

Statement I is incorrect but Statement II is correct

UPSC Prelims 2023 Question 73 of 100

UPSC Intended to Test

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Static Vs Dynamic

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