Question : 'Green Accounting' means measuring the National Income of the country taking into account estimation of
Option 1: the total forest area of the country
Option 2: the destruction of forest cover of the country
Option 3: pollution and environmental damage
Option 4: area of reclaimed fallow land
Correct Answer: pollution and environmental damage
Solution : The correct option is pollution and environmental damage.
Green accounting, also known as environmental accounting or natural resource accounting, is a method of estimating a country's national revenue or economic performance that takes environmental and ecological issues into consideration. It accounts for the costs of environmental damage and pollution, such as the costs of cleaning up pollution, health care expenditures, and lost productivity as a result of pollution.
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