Multiple Choice Questions on With reference to GreenCo Rating consider following statements Its aim to facilitate compa........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

With reference to GreenCo Rating consider following statements Its aim to facilitate compa...........

Economic Affairs Sustainable Development
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    With reference to GreenCo Rating, consider following statements

    1. Its aim to facilitate companies to make a substantial improvement in their environmental performance thereby saving both natural and financial resources.
    2. It has been developed by the Confederation of Indian Industry(CII) which comes under the Ministry of Micro,Small and Medium Enterprises.
    3. It is applicable to both manufacturing facilities and service sector units.

    Select the correct statement.

    1&2 only

    Incorrect Answer

    2&3 only

    Incorrect Answer

    1&3 only

    Correct Answer

    All of the above

    Incorrect Answer
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    Explanation:
    • GreenCo Rating has been developed by the Confederation of Indian Industry(CII).
    • Its aim to facilitate companies to make a substantial improvement in their environmental performance thereby saving both natural and financial resources.
    • It is applicable to both manufacturing facilities and service sector units. The rating is implemented at unit or facility level. The unit or facility has to be in operation for a minimum period of 3 years. In case of new plants/ facilities minimum 2 years operation is required.
    • Confederation of Indian Industry (CII) is a non-government, not-for-profit, industry-led and industry-managed organization founded in 1895.Hence statement 2nd is incorrect.

    By: Shubham Tiwari
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