MCQ

upsc-p1-environment-sustainable-development MCQ - Practice Questions with Answers

Solve 1 upsc-p1-environment-sustainable-development questions for RAS/RPSC preparation.

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Q1Consider the following statements about environmental economics: 1. Green GDP has replaced conventional GDP as India's main official output measure. 2. A high discount rate makes future environmental damage appear smaller in present-value terms. 3. Monetary valuation turns every forest, river and species into a freely tradable commodity. Which of the statements given above is/are correct? Select the correct answer using the code given below.

A 2 only

B 1 and 2 only

C 2 and 3 only

D 1, 2 and 3

Explanation

Only statement 2 is correct. Conventional GDP remains India's main official output measure. Valuation estimates environmental benefits or losses, but it neither grants permission to destroy them nor makes every ecological asset freely tradable.

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