Q. Consider the following statements:
1.Circular Economy and Bioeconomy are resource-focused whereas Green Economy acknowledges the role of all ecological processes.
2.India is the world’s largest importer of crude oil.
3.The burning of hydrocarbons releases CO2 as a major by-product in the environment.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: C
Notes:

Explanation –

Statement 1 and 3 are correct. Circular Economy and Bioeconomy are resource-focused whereas Green Economy acknowledges the role of all ecological processes. The burning of hydrocarbons releases CO2 as a major by-product in the environment.

Statement 2 is incorrect. India is the world’s 3rd largest importer of crude oil and the 4th largest importer of liquefied natural gas.

Source: PIB