MH SET 2024 Paper 2 Economics Question Paper (07-Apr-2024)

Question 1

As per Pollution Haven Hypothesis, Multinational Companies that choose to physically invest in foreign countries, tend to (re)locate to the countries with ..................... .

Accepted Answer

The lowest environmental standards or weakest enforcement

Answer

Greater availability of the labour

Answer

The highest environmental standards or the most strict enforcement

Answer

Lower availability of the labour

Question 2

Environmental Economics involves question of ...................

Accepted Answer

Both of the above

Answer

Excessive production of pollution by the market

Answer

Insufficient protection of natural world, due to market failure

Answer

Only (A) is true

Question 3

.................... method puts direct question to individuals to determine how much they might willing to pay for environmental resources.

Accepted Answer

Contingent valuation method

Answer

Travel cost method

Answer

Hedonic pricing method

Answer

Preventive expenditure method

Question 4

How does the government intervene in the supply and demand of demerit goods ?

Accepted Answer

By applying the sales tax on the goods

Answer

By giving tax rebate

Answer

By increasing production

Answer

By increasing consumption

Question 5

As part of National Climate Change Policy, Indian government is planning to raise the installed capacity of renewable energy by the year 2030 to :

Accepted Answer

500 GW

Answer

175 GW

Answer

200 GW

Answer

250 GW

MH SET 2024 Paper 2 Economics Question Paper (07-Apr-2024)

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