2024 · Q120
Which of the following statements about CBAM (Carbon Border Adjustment Mechanisms) is/are correct?
- 1These are an emerging set of trade policy tools to allow movement of carbon-intensive economic activity from a jurisdiction having less stringent climate policy to a jurisdiction having stringent climate policy
- 2These are meant to increase the environmental effectiveness of climate policies Select the answer using the code given below:
current-eventsenvironment-news
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accident insurance scheme providing ₹2 lakh for accidental death or full disability (and ₹1 lakh for partial disability) at an annual premium of just ₹20. Statement 1 correctly describes this accident-cover feature, while statement 2 (which describes a life-insurance/death-benefit feature) does not apply to PMSBY. With only statement 1 correct, the answer is B.