The concept of 'Common but Differentiated Responsibilities' in international environmental law means that: MCQ with Answer and Explanation

The concept of 'Common but Differentiated Responsibilities' in international environmental law means that:
A. All countries share responsibility for environmental protection but the nature and extent of obligations differ according to capabilities and historical contributions
B. Only developed countries have any responsibility
C. All countries have identical obligations
D. Only developing countries have responsibility
Answer: Option A
Solution (By JKSSB Mock Tests)
The principle of common but differentiated responsibilities recognises that while all states are responsible for addressing global environmental problems, their respective obligations differ according to their capacities and their historical contributions to the problem.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is an example of a public good?
A. Cinema ticket
B. Private car
C. National defence
D. Restaurant meal

Correct Answer: Option C


Explanation:
Public goods are non-excludable and non-rivalrous. National defence is a classic example as one person's consumption does not reduce availability for others and people cannot be easily excluded from its benefits.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is NOT a component of the Index of Industrial Production (IIP) in India?
A. Mining
B. Manufacturing
C. Agriculture
D. Electricity

Correct Answer: Option C


Explanation:
The IIP covers mining, manufacturing and electricity sectors. Agriculture is measured separately through other indices and production estimates.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' replaced which of the following central taxes?
A. Corporate tax
B. Service tax
C. Income tax
D. Wealth tax

Correct Answer: Option B


Explanation:
GST subsumed service tax.

This question belongs to: Economy GK Economy Set 1