UPSC Exam > UPSC Questions > Consider the following statementsStatement-1:...
Start Learning for Free
Consider the following statements
Statement-1: 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?
(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1
(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1
(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct?
Statement-1: 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?
(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1
(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1
(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct?
Most Upvoted Answer
Consider the following statementsStatement-1: Carbon markets are likel...
Statement Analysis:
Statement-1: 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.
Correctness of the Statements:
Statement-I: Carbon markets have been recognized as an effective tool in combating climate change. By putting a price on carbon emissions, carbon markets create economic incentives for companies to reduce their greenhouse gas emissions. This can lead to a decrease in overall emissions and contribute to the global effort to combat climate change. Therefore, Statement-1 is correct.
Statement-II: While it is true that carbon markets involve the trading of carbon credits, which can result in the transfer of resources from the private sector to the State in some cases, this statement oversimplifies the complexity of carbon markets. In reality, carbon markets involve a range of actors, including governments, businesses, and individuals, and the flow of resources is not solely from the private sector to the State. Therefore, Statement-II is not entirely correct.
Therefore, the correct answer is:
(b) Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-1.
Statement-1: 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.
Correctness of the Statements:
Statement-I: Carbon markets have been recognized as an effective tool in combating climate change. By putting a price on carbon emissions, carbon markets create economic incentives for companies to reduce their greenhouse gas emissions. This can lead to a decrease in overall emissions and contribute to the global effort to combat climate change. Therefore, Statement-1 is correct.
Statement-II: While it is true that carbon markets involve the trading of carbon credits, which can result in the transfer of resources from the private sector to the State in some cases, this statement oversimplifies the complexity of carbon markets. In reality, carbon markets involve a range of actors, including governments, businesses, and individuals, and the flow of resources is not solely from the private sector to the State. Therefore, Statement-II is not entirely correct.
Therefore, the correct answer is:
(b) Both Statement-I and Statement-II are correct, but Statement-II is not the correct explanation for Statement-1.
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Top Courses for UPSCView all
Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct?
Question Description
Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct?.
Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct?.
Solutions for Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct?, a detailed solution for Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? has been provided alongside types of Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? theory, EduRev gives you an
ample number of questions to practice Consider the following statementsStatement-1: 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?(a) Both Statement-1 and Statement-II are correct and Statement-II is the correct explanation for Statement-1(b) Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-1(c) Statement-I is correct Statement-II is incorrect (d) Statement-1 is incorrect Statement-II is correct? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup