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Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?
- a)Himachal Pradesh
- b)Kerala
- c)Uttarakhand
- d)Sikkim
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following states has recently announced that it will init...
- On World Environment Day (June 5), Uttarakhand became the first state in India to take into account Gross Environment Product (GEP) while calculating its Gross Domestic Product (GDP).
- Four critical natural resources- Air, Water, Forest and Soil- will be assigned monetary values. The quality and quantity of these natural resources would determine the GEP of Uttarakhand.
- Environmentalists estimate that Uttarakhand through its biodiversity gives services to the tune of Rs 95,112 crore per year to the nation.
- Discussions on having a GEP in the state came after the Kedarnath disaster (2013) and were further accentuated by the acute water shortage in the state during summers.
- Gross Environment Product (GEP):
- It is the total value of final ecosystem services supplied to human well-being in a region annually and can be measured in terms of biophysical value and monetary value.
- It indicates the overall health of the environment as GEP measures prime indicators such as forest cover, soil erosion, air quality and dissolved oxygen in river water.
- Unlike Green GDP which is obtained after deducting the damage to the environment from the total production of the state, GEP will assess the improvement in the environmental components in a year. Further, it will tell how much work the state has done in reducing the loss of the ecosystem in environmental protection and resource use.
Hence, option (c) is the correct answer
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Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer?
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Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer?.
Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer?.
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Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Which of the following states has recently announced that it will initiate valuation of its natural resources in the form of Gross Environment Product (GEP) along the lines of Gross Domestic Product (GDP)?a)Himachal Pradeshb)Keralac)Uttarakhandd)SikkimCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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