Which of the following is an example of a negative externality?
A. Research and development
B. Pollution from industrial activity
C. Education
D. Vaccination
Answer: Option B
Solution (By JKSSB Mock Tests)
A negative externality imposes costs on third parties. Industrial pollution harms the environment and health of people who are not parties to the production decision.
Explanation:
Sustainable finance refers to the process of taking environmental, social and governance considerations into account when making investment decisions, with the aim of supporting long-term sustainable economic activities.
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