Which one of the following statements about the National Adaptation Fund for Climate Change is not correct?

A The fund is meant to assist national and State level activities to meet the cost of adaptation measures.

B This scheme has been taken as a Central Sector Scheme.

C The Indian Council of Agricultural Research is the national implementing entity for the fund.

D The scheme has been in force since

Correct Answer: The Indian Council of Agricultural Research is the national implementing entity for the fund.

Government has established the National Adaptation Fund on Climate Change (NAFCC) with a budget provision of Rs.350 crores for the year 2015-16 and 2016-17, with an estimated requirement of Rs.181.5 crores for financial year 2017-18. The objective of the fund is to assist State and Union Territories that are particularly vulnerable to the adverse effects of climate change in meeting the cost of adaptation. The National Bank for Agriculture and Rural Development (NABARD) has been appointed as National Implementing Entity (NIE) responsible for implementation of adaptation projects under the (NAFCC).

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Related Questions

(i) What is global warming? How global warming affects the rapid change of climate? (ii) What are the bad impacts of climate change? (iii) How climate change affects the environment of Bangladesh (iv) How global warming can be minimized (v) What should be the role of students to protect the environment.

A (i) Global warming is the main natural reason and using harmful chemicals in everyday life the main reason created by men. The climate is changing rapidly that result in the rise of the earth's average temperature

B (ii) Climate change impacts include floods, cyclones, storm surges and drought, ice sheets melting which will seriously affect the agriculture and livelihood especially at the poor.

C (iii) Bangladesh is one of the largest deltas in the world which is highly vulnerable to Natural Disasters because of its Geographical location, Fiat and low-lying landscape, Population density, Poverty, Illiteracy, Lack of Institutional setup, etc.

D (iv) To reduce the bad impact of climate change people should be aware of. Tree plantation can reduce global warming which is the main natural reason for climate change. Stop using harmful chemicals can reduce environmental pollution which is the main man

E (v) Students should be careful to protect the environment and raise awareness. Thus the students can play a vital role to reduce bad impact of climate changes.

A closed-end fund is a mutual fund in which shares issue just when fund is