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With reference to an initiative called 'The Economics of Ecosystems and Biodiversity (TEEB)', which of the following statements is/are correct? 1. It is an initiative hosted by UNEP, IMF and World Economic Forum. 2. It is a global initiative that focuses on drawing attention to the economic benefits of biodiversity. 3. It presents an approach that can help decision-makers recognize, demonstrate and capture the value of ecosystems and biodiversity. Select the correct answer using the code given below.

A1 and 2 only
B3 only
C2 and 3 only
D1, 2 and 3
Answer & Solution
Correct answer: C. 2 and 3 only
UPSC CSE Prelims 2016 (GS-I, Set A), Q.52. Answer key: C (coaching consensus; UPSC did not publish an official 2016 AK separately on upsc.gov.in).
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