Ecosystem Services

Which one of the following statements about the Global Environment Facility Grant Agreement, signed by India in August 2017 with the World Bank for 'Ecosystems Service Improvement Project', is not correct?

Read the given statements and select the correct option regarding this. (i) Ecosystem services provided by nature to human beings such as oxygen for respiration, asesthetic value, etc. (ii) Direct economic benefits derived from nature by human beings such as food, medicine, etc. (iii) Every species has an intrinsic value, even if it is not of any economic use to us. With respect to above give codes (i), (ii) and (iii) choose the correct option.

The narrowly utilitarian arguments for biodiversity conservation include which of the following from the given list? (i) Industrial products like dyes, lubricants (ii) Ecosystem services like photosynthesis (iii) Pollinators layer of bees, birds and bats (iv) Firewood, fibre and construction material (v) The aesthetic pleasure of walking through thick woods (vi) Products of medicinal importance (vii) Watching spring flowers in full bloom

Rober Costanza and his colleagues have tried to put price tags on nature's life support servies . Ecosystem servies are largely taken for granted. According to this concept the most valuable ecosystem service is ( w.r.t. price ) :

Researches have put an average price tag of US $ 33 trillion a year, on the fundamental ecosystems services, which are largely taken for granted because they are free. This is nearly how many times the value of the global gross national product (global GNP)?

Assertion : Broadly utilitarian arguments say that we should conserve biodiversity because biodiversity plays a major role in many ecosystem services that nature provides. Reason : Expolration of molecular, genetic and species level diversity to obtain the products of economic importance is include under broadly utilitarian category.