{"id":39173,"date":"2024-04-25T10:19:10","date_gmt":"2024-04-25T10:19:10","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=39173"},"modified":"2024-04-27T15:37:36","modified_gmt":"2024-04-27T15:37:36","slug":"upsc-prelims-2015-question-49","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/upsc-prelims-2015-question-49\/","title":{"rendered":"UPSC Prelims 2015 &#8211; Question 49"},"content":{"rendered":"\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-6a5b62cc276c2\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a5b62cc276c2\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/upsc-prelims-2015-question-49\/#Q_49Which_of_the_statements_regarding_%E2%80%98Green_Climate_Fund_isare_correct\" >Q 49.Which of the statements regarding \u2018Green Climate Fund\u2019 is\/are correct?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/upsc-prelims-2015-question-49\/#The_correct_answer_is%E2%80%AF1_only\" >The correct answer is\u202f1 only.&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/upsc-prelims-2015-question-49\/#In_case_you_still_have_your_doubts_contact_us_on_9811333901\" >In case you still have your doubts, contact us on 9811333901.&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_49Which_of_the_statements_regarding_%E2%80%98Green_Climate_Fund_isare_correct\"><\/span>Q 49.Which of the statements regarding \u2018Green Climate Fund\u2019 is\/are correct?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\"><li>It is intended to assist the developing countries in adaption and mitigation practices to counter climate change.<\/li><li>It is founded under the aegis of UNEP, OECD, Asian Development Bank and World Bank. <br>Select the correct answer using the code given below:<br>a) 1 only<br>b) 2 only<br>c) Both 1 and 2<br>d) Neither 1 nor 2<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_correct_answer_is%E2%80%AF1_only\"><\/span>The correct answer is\u202f<strong>1 only<\/strong><strong>.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Green Climate Fund (GCF)<\/strong>&nbsp;<\/li><li><strong>The Global Climate Fund (GCF) was established as a mechanism to move funds from the developed to the developing world to support developing nations in their use of adaptation and mitigation strategies to combat climate change. Therefore, statement 1 is true.<\/strong>&nbsp;<\/li><li>Under Article 11 of the Convention, it was chosen as an operating entity of the UNFCCC financing system.&nbsp;<\/li><li>It is governed and supervised by a Board that will have full responsibility for funding decisions and that will receive guidance from the Conference of the Parties (COP), according to arrangements to be reached between the COP and the Fund to ensure that it is accountable to and operates under the guidance of the COP.&nbsp;<\/li><li><strong>It is governed and supervised by a Board that will have full responsibility for funding decisions and that receives the guidance of the COP. Hence\u202fstatement 2 is not correct.<\/strong>&nbsp;<\/li><li>It is headquartered in Incheon, South Korea&#8217;s new Songdo area.&nbsp;<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/UPSC-Essay-Course-1280\u00d7300-1-3.svg\" alt=\"\" class=\"wp-image-42688\" width=\"781\" height=\"182\"\/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"block-bb45b0fd-1a05-41f3-b612-a33956926bb2\"><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_9811333901\"><\/span><strong>In case you still have your doubts, contact us on 9811333901.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p id=\"block-75590eaa-0d97-47dd-af08-4197eca32071\">For UPSC Prelims Resources,&nbsp;<a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n\n\n\n<p id=\"block-84f37a24-a0b9-45f5-a576-7f01fceef408\">For Daily Updates and Study Material:<\/p>\n\n\n\n<p id=\"block-1a00cb3c-7f24-47eb-a3e7-be4f52aa5a99\">Join our Telegram Channel \u2013&nbsp;<a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\" id=\"block-373a105a-169d-4070-af17-cb64c4690a68\"><li>1. Learn through Videos \u2013&nbsp;<a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>2. Be Exam Ready by Practicing Daily MCQs \u2013&nbsp;<a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>3. Daily Newsletter \u2013 Get all your Current Affairs Covered \u2013&nbsp;<a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>4. Mains Answer Writing Practice \u2013&nbsp;<a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>Visit our YouTube Channel \u2013&nbsp;<a href=\"https:\/\/www.youtube.com\/@EduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Q 49.Which of the statements regarding \u2018Green Climate Fund\u2019 is\/are correct? It is intended to assist the developing countries in adaption and mitigation practices to counter climate change. It is&hellip;<\/p>\n","protected":false},"author":22,"featured_media":39314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[164],"tags":[142,232,213,140],"class_list":["post-39173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prelims","tag-previous_year_questions","tag-upsc","tag-upsc-notes","tag-upsc_preparation_strategy"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"49.Which of the statements regarding \u2018Green ClimateFund\u2019 is\/are correct? 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