Read the following passage and answer the question that follows:

Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC). The Convention squarely puts the responsibility for provision Of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.

With regards to developing countries, it can be inferred from the passage that climate change is likely to have implications on their
1. domestic finances
2. capacity for multilateral trade
Select the correct answer using the code given below

Question

Read the following passage and answer the question that follows:

Climate change is a complex policy issue with major implications in terms of finance. All actions to address climate change ultimately involve costs. Funding is vital for countries like India to design and implement adaptation and mitigation plans and projects. Lack of funding is a large impediment to implementing adaptation plans. The scale and magnitude of the financial support required by developing countries to enhance their domestic mitigation and adaptation actions are a matter of intense debate in the multilateral negotiations under the United Nations Framework Convention on Climate Change (UNFCCC). The Convention squarely puts the responsibility for provision Of financial support on the developed countries, taking into account their contribution to the stock of greenhouse gases (GHGs) in the atmosphere. Given the magnitude of the task and the funds required, domestic finances are likely to fall short of the current and projected needs of the developing countries. Global funding through the multilateral mechanism of the Convention will enhance their domestic capacity to finance the mitigation efforts.

With regards to developing countries, it can be inferred from the passage that climate change is likely to have implications on their 
1. domestic finances 
2. capacity for multilateral trade 
Select the correct answer using the code given below

Accepted Answer

Correct Option: (A) 1 only The passage discusses the financial implications of climate change for developing countries, particularly the strain on domestic finances to fund adaptation and mitigation efforts. It does not explicitly mention any impact on their capacity for multilateral trade.

With regards to developing countries, it can be inferred from the passage that climate change is likely to have implications on their \n1. domestic finances \n2. capacity for multilateral trade \nSelect the correct answer using the code given below

हिंदी में प्रश्न एवं आदर्श उत्तर