The Union Ministry of Environment & Forest has introduced a new scheme called the 'Emissions Trading Scheme' which of the following statements is/are correct with regard to this scheme: 1. This is a market-based scheme to reduce air pollution. 2. It has been implemented only in 3 states till now. 3. The scheme allows the Pollution control boards to set a cap on the level of pollution permitted in an industrial area, and then allows the industries to self-regulate to ensure that pollution does not exceed this cap. 4. This scheme is the first of its kind in the world. Codes:

The Union Ministry of Environment & Forest has introduced a new scheme

1.	The Union Ministry of Environment & Forest has introduced a new scheme called the 'Emissions Trading Scheme' which of the following statements is/are correct with regard to this scheme: 1. This is a market-based scheme to reduce air pollution. 2. It has been implemented only in 3 states till now. 3. The scheme allows the Pollution control boards to set a cap on the level of pollution permitted in an industrial area, and then allows the industries to self-regulate to ensure that pollution does not exceed this cap. 4. This scheme is the first of its kind in the world. Codes:
A.	1, 2, 3 & 4
B.	1 & 3only
C.	2 & 3 only
D.	1, 2 & 3
Answer» E.