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Chapter 9: Environmental Economics — Online MCQ Test

ECONOMICS · CLASS 12 INTERMEDIATE 2 YEAR · Telangana State Board
Practice Chapter 9: Environmental Economics with a free chapter-wise online MCQ test. This chapter covers: Focusing on sustainable development this chapter details environment economy interactions natural resources depletion pollution types climate change global warming and environmenta.... AI-generated questions from basic to board-exam level, with instant results and explanations.

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Chapter 9: Environmental Economics — Important Questions & Answers

What is environmental economics mainly concerned with?
  • A. The study of only industrial profits
  • B. The relationship between economy and environment
  • C. The study of banking and insurance
  • D. The pricing of foreign exchange
Answer: B. The relationship between economy and environment
Environmental economics studies the interaction between economic activities and the natural environment. It focuses on resource use, pollution, and sustainable development.
Which of the following is a renewable resource?
  • A. Coal
  • B. Petroleum
  • C. Solar energy
  • D. Natural gas
Answer: C. Solar energy
Solar energy is renewable because it is naturally replenished. Coal, petroleum, and natural gas are non-renewable resources.
Sustainable development means:
  • A. Using resources quickly for present gain
  • B. Meeting present needs without harming future generations
  • C. Stopping all economic growth
  • D. Using only non-renewable resources
Answer: B. Meeting present needs without harming future generations
Sustainable development balances current economic needs with the protection of resources for future generations.
Which of the following is the best analysis of why pollution is considered an economic problem?
  • A. Because it only affects animals
  • B. Because it creates social and health costs not fully paid by the polluter
  • C. Because it increases the supply of goods
  • D. Because it reduces the need for regulation
Answer: B. Because it creates social and health costs not fully paid by the polluter
Pollution creates external costs such as health damage, cleanup expenses, and loss of productivity. These costs are often borne by society rather than the producer.
Which of the following is the correct distinction between global warming and climate change?
  • A. Global warming refers only to snowfall changes, while climate change refers only to rainfall changes
  • B. Global warming is the rise in average temperature, while climate change includes broader long-term weather pattern changes
  • C. Global warming and climate change mean exactly the same thing in every context
  • D. Climate change happens only in cities, while global warming happens only in villages
Answer: B. Global warming is the rise in average temperature, while climate change includes broader long-term weather pattern changes
Global warming refers specifically to the increase in Earth's average temperature. Climate change is a wider concept covering long-term changes in temperature, rainfall, and weather patterns.