UGC-NET 2023 Question 66: Environment and sustainable development
Match List I with List II.
List I
A. Cost-effectiveness
B. Pollution permit trading system
C. Market approach
D. Command-and-control approach.
List II
I. a policy that directly regulates polluters through the use of standards
II. an incentive-based policy that encourages conservation practices or pollution-reduction technologies
III. Requires that the least amount of resources be used to achieve an objective
IV. A market instrument that establishes a market for rights to pollute.
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Environment and sustainable development has come up 31 times in 4 exams since 2011.
What this question tests
This question is on Pollution control: taxes, standards and tradable permits, part of Environment and sustainable development in Environmental Economics.
The policy instruments for reducing pollution and how they compare.
TestStop has 4 past-paper questions on this subtopic.
