Direction (Q. 1 - 10) : Read the passage carefully and answer the questions given below. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.
The Green Company (Greenco) rating initiative of the Confederation of Indian Industry (CII) got rolling in early March, with the Bangalore International Airport Limited (BIAL) getting its certification. BIAL received the 'Silver' rating for its environmental performance, and the company's certification put in place a green introspection effort by the Indian industry.
Greenco rates the environmental performance of a company, and thereby is a step more advanced than certification under the ISO 14000 series, which assesses the environment management system. While a company can get ISO 14000 series certification if it has put its environmental management systems in place, the Greenco rating will come only if the company can show results across nine environmental parameters. In that sense, it is more of an endoltlu-pipeline assessment of a company's green behaviour.
I he nine parameters assess a company's performance towards energy efficiency, water conservation; use of renewable energy, mitigation of greenhouse gas (GHG) emissioas: conservation and recycling of materials; waste management; esiablishment of a green supply chain; product stewardship; and lifeeycle assessment.
The live-level ratings (Certified, Bronze, Silver, Gold and Platinum) give a scale for companies to benchmark themselves against the performance of similar institutions in the country and outside. While Gold would mean matching the national best, a Platinum-rated company should have environment standards equal to the best globally, say environment experts'from Cll
The pilot phase of the Greenco process had begun in February 2011, with 49 companies volunteering to get their operations rated. CII expects around 20 companies to get their rating by the end of 2012. The rating is valid for three years, after which the company could request for a fresh audit It could request for a fresh rating even earlier, if it believes that its environmental performance has improved.
I he development of the Greenco rating system was done through a consultation process within the country initiated by CI I. It brought together experts from across specialities to develop a common system, to assess the green footprint of its member companies, who represent different sectors of the industry.
Interestingly, though India has been consistently taking positions on greenhouse gas emission commitments in international negotiations, it has been slow to develop anaction plan to reduce greenhouse gas emissions. The National Action Plan on Climate Change was released in 2008, and only in January 2010 did the Government constitute an expert panel, headed by Planning Commission Member Kirk Parikh, to develop low-carbon strategies for inclusive growth. The final report of this panel is yet to be published, 26 months later, and its interim report only lists out a menu of options, without articulating the ways and means to achieve a green growth.
In a year when the Rio Plus 20 global environmental conterence is scheduled to be held in Rio de Janeiro in Brazil in June, the Greenco rating by the Indian industry is in line with the meeting's theme on developing a green economy. With three of the nine parameters — energy efficiency, renewable energy and mitigating GHG emissions — relating directly to the goal of reducing India's carbon footprint, and the rest contributing indirectly, the industry's initiative can contribute to a low-carbon growth.
In its interim report, the Kirit Parikh Committee has computed figures as to how much emission savings are necessary to have a nine per cent growth till 2020, and yet reduce the emission intensity (amount of GHG emitted per rupee) of the economy by around 25 per cent from the 2005 level This would mean preventing the gross GHG emissions from growing beyond 4.81 billion tonnes in 2020 from the 2007 figure of 1.57 billion tonnes.
With the industry playing an active role in all three sectors of the economy—agriculture, marketing and services—it is its responsibility to reduce GHG emissions. When processes are put in place through Greenco rating for improving the environmental performance of power plants, factories, assembly units and some other facilities, they will reduce their emissions.

What is the position of India on greenhouse gas emission ?

A.  It has promptly developed an action plan to reduce greenhouse gas emission.
B.  The govt constituted an expert panel around two years after the release of National Action Plan on climate change.
C.  The final report of the expert panel has been published only recently.
D.  In the interim report, the ways and means to achieve a green growth are clearly mentioned.
View Answer Discuss in Forum


Which of the following is correct about Greenco rating system ?
(A) It was initiated by the Confederation of Indian Industry.
(B) Its aim is to assess the environmental performance of its member companies
(C) It was developed only after consulting different industries within the country.

A.  Only A
B.  Only B
C.  Only C
D.  All the above
View Answer Discuss in Forum


Find out the incorrect statement from the following in the context of the passage.

A.  The pilot phase of the Greenco process began in February 2011.
B.  The number of companies willing to get their operations rated are above 49.
C.  According to the expectations of Confederation of Indian Industry, around 20 companies would get themselves rated by the end of 2012
D.  The company can request for fresh rating belbre the expiry of three-year term from the date of rating, if it believes that its environmental performance is in a better position.
View Answer Discuss in Forum


Which of the following parameters has a direct bearing on the goal of reducing India's carbon emission ?
(A) Renewable energy
(B) Reducing GHG emission
(C) Waste management

A.  Both A and B
B.  Both A and C
C.  Both B and C
D.  Neither A nor B
View Answer Discuss in Forum


What do you mean by 'inclusive growth' as used in the passage ?
(A) Growth in every walk of one's life
(B) To evolve a strategy to evade the pressure created by the National Action Plan on climate change
(C) To develop a low-carbon strategy

A.  Only A
B.  Only B
C.  Only C
D.  None of these
View Answer Discuss in Forum


What is the main intention of the author behind writing the given passage ?

A.  The author is much more concerned about the GHG emission.
B.  He wants to show that India is being reluctant in developing a low-carbon strategy.
C.  Greenco is more advanced than the certification under the ISO 14000 series.
D.  The author wants to highlight the environmental performance of Bangalore International Airport Limited.
View Answer Discuss in Forum


Which of the following sectors play active role in deciding the status of Indian economy ?
(A) Services (B) Marketing (C) Agriculture

A.  Both A and B
B.  Both B and C
C.  Both A and C
D.  None of these
View Answer Discuss in Forum


Which of the following is/are correct in the context of the passage ?
(A)The company honoured with 'Platinum-rating' will be supported to have environmental standard equal to the best in the world.
(B) Bangalore International Airport Limited has got silver rating for the profits earned during last financial year.
(C) The company getting Gold may be considered as the best in the country as far as environmental performance is concerned.

A.  Only A
B.  Only B
C.  Only C
D.  Only A and C
View Answer Discuss in Forum


Which of the following is/are correct about Greenco ?
(A) Greenco gives rating on the basis of the status of the environmental management system.
(B) Greenco's rating is done on the basis of the results across nine environmental parameters.
(C) Certification under the ISO 14000 series is more advanced than Greenco.

A.  Only A
B.  Only B
C.  Only C
D.  All A,B and C
View Answer Discuss in Forum


Which of the following is/are definitely true in the context of the passage ?
(A) Rio Plus 20 conference scheduled to be held in June this year will be hosted by Brazil.
(B) Indian industry is well in line with the themes of the meeting.
(C) The theme of the conference is to develop a green economy around the globe.

A.  Only A
B.  Only A and B
C.  All A, B and C
D.  Only B and C
View Answer Discuss in Forum

Sponsored Links