Question
What is a key aspect of the draft of the Global
Stocktake (GST) at COP28 regarding the phase-out of fossil fuels, and how does it align with climate science and the Paris Agreement principles?:Solution
The draft of the GST at COP28 outlines four options for transitioning to clean energy, and option 2 specifically mentions "Phasing out fossil fuels in alignment with IPCC's 1.5 pathways and Paris Agreement principles." This aligns with the global goal of limiting the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the increase to 1.5°C, as outlined in the Paris Agreement. This approach reflects a commitment to scientific recommendations for addressing climate change and reducing fossil fuel dependence.
'CIBIL Rank' for MSMEs (CIBIL MSME Rank) is provided on a scale of:Â
What is the 'Margin' in the context of a bank loan?Â
What initiative was launched by SIDBI in 2018 to track the current state and expected outlook on the MSME sector?
Which organization provides credit insurance to Indian exporters?Â
What does a 'Zero-Coupon Bond' mean?Â
Under the Kisan Credit Card (KCC) scheme, the 'Scale of Finance' for a crop is decided by:Â
Under the prompt corrective action (PCA) framework, which of the following parameters is NOT monitored by the RBI?Â
What is 'Countercyclical Capital Buffer' (CCyB)?Â
'Rights Issue' of shares refers to:Â
As per IRAC (Income Recognition and Asset Classification) norms, an asset is classified as a 'Loss Asset' when:Â