Discussion
A designated consumer that misses its target and buys no certificates is liable to
Answer: B
Correct answer: a financial penalty
Failure to meet the target and failure to buy certificates covering the shortfall together attract a penalty proportional to the shortfall, so the scheme has a definite price of non-compliance. That price is what makes the certificate market work: a plant will buy certificates whenever they cost less than the penalty.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development