Civil Services UPPSC RO ARO 2024-25 Mock Tests Series General Knowledge Ecology and Environment Conservation efforts: India and World
With reference to ‘Carbon Credit’, consider the following statements:
1. It is a tradeable certificate or permit representing the right to emit 5 tonnes of Carbon or Carbon dioxide equivalent.
2. Carbon, like any other commodity, has begun to be traded on India's Multi Commodity Exchange.
Which of the statements given above are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2