The 'Paris Agreement' aims to limit global temperature rise this century to well below: MCQ with Answer and Explanation

The 'Paris Agreement' aims to limit global temperature rise this century to well below:
A. 3°C
B. 1°C
C. 2°C above pre-industrial levels
D. 4°C
Answer: Option C
Solution (By JKSSB Mock Tests)
The Paris Agreement aims to limit warming to well below 2°C, preferably 1.5°C.

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Practice More Economy Set 1 Questions

Question #1
The 'seigniorage' revenue for a government arises from:
A. tax collection
B. selling public assets
C. borrowing from abroad
D. issuing currency

Correct Answer: Option D


Explanation:
Seigniorage is the profit from issuing currency, the difference between face value and production cost.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Credit Linked Capital Subsidy Scheme' for MSMEs provides subsidy on:
A. interest payments
B. capital investment for technology upgradation
C. wage payments
D. raw material purchases

Correct Answer: Option B


Explanation:
CLCSS provides capital subsidy for technology upgradation by MSMEs.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' on electricity transmission and distribution is:
A. not under GST
B. 0%
C. 5%
D. 18%

Correct Answer: Option A


Explanation:
Electricity transmission and distribution are outside GST.

This question belongs to: Economy GK Economy Set 1