Which of the following is a characteristic of the 'Just Energy Transition Partnerships'?
A. Only private-sector initiatives without public finance
B. Only domestic energy policies without international support
C. Only rapid phase-outs without social safeguards
D. International partnerships that provide financial and technical support to developing countries for a just and equitable transition away from coal and other fossil fuels
Answer: Option D
Solution (By JKSSB Mock Tests)
Just Energy Transition Partnerships are collaborative arrangements in which developed countries and international institutions mobilise finance and expertise to support developing countries in transitioning away from coal while protecting affected workers and communities.
Explanation:
In a progressive tax system, the tax rate increases with an increase in the taxable income, placing a higher burden on higher-income groups.
Explanation:
The endogenous-money approach argues that the quantity of money is determined by the demand for loans and the willingness of banks to extend credit, with the central bank mainly setting the price of reserves rather than the quantity of base money.
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