Current Affairs · Economic Survey
Consider the following statements: Statement I: Adoption of a circular economy model can significantly reduce greenhouse gas emissions. Statement II: According to global estimates cited in the Economic Survey, material extraction and processing account for nearly 45% of global greenhouse gas emissions. Statement III: Circular economy practices such as recycling, reuse, and remanufacturing can reduce material demand by 20-30% in resource-intensive sectors like construction and manufacturing. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither Statement II nor Statement III is correct
- 2Only one of the Statements II and III is correct and that explains Statement I
- 3Both Statement II and Statement III are correct but only one of them explains Statement I
- 4Both Statement II and Statement III are correct and both of them explain Statement I✓
Correct answer
Both Statement II and Statement III are correct and both of them explain Statement I
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