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Carbon pricing mechanisms are intended to discourage carbon emissions by imposing financial costs. The passage mentions that carbon pricing mechanisms, such as carbon taxes and cap-and-trade systems, are implemented. The purpose of these mechanisms is to put a price on carbon emissions, thereby creating financial incentives for businesses and individuals to reduce their carbon emissions. The implication is that carbon pricing aims to discourage carbon emissions through financial penalties or costs.
Which Indian bank was recently fined ₹91 lakh by the Reserve Bank of India for non-compliance with 'Customer Service in Banks' and ‘Unauthorized Ope...
The data released by the NSO showed that the number of new subscribers adopting the National Pension System (NPS) among corporate employees declined by ...
The Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry, and Dairying (DAHD) has introduced the ‘Credit Guarantee Schem...
What is the innovative AI model unveiled by Google's DeepMind team?
Which of the following is an independent regulator to oversee the auditing profession and accounting standards in India?
Who will unveil the crest of the Indian Navy's latest warship 'Surat'?
The central government is going to sell up to 8% stake in IRCON International through an offer for sale (OFS) which will help the government to raise ab...
Which organization did Google consult with to bring the Android Earthquake Alerts System to India?
What does the word 'Udbhav' mean in the context of 'Project UDBHAV' launched by Defence Minister Rajnath Singh?
Which country is receiving support from the Indian government in tackling locusts, including the provision of 40,000 liters of Malathion, an eco-friendl...