Multiple Choice Questions on Consider the following statements regarding Sovereign Green Bonds SGrBs issued in India 1 SGrBs in I........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Consider the following statements regarding Sovereign Green Bonds SGrBs issued in India 1 SGrBs in I...........

Economic Affairs Non Banking Financial Companies (NBFCs)
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    Consider the following statements regarding Sovereign Green Bonds (SGrBs) issued in India:

    1. SGrBs in India were well received, and all bonds were sold.

    2. These bonds are issued to support projects that reduce carbon emissions and improve natural ecosystems.

    3. The Government of India formulated a framework for SGrBs in 2022.

    Which of the statements given above is/are correct?

    1 only

    Incorrect Answer

    2 and 3 only

    Correct Answer

    1 and 3 only

    Incorrect Answer

    1, 2 and 3

    Incorrect Answer
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    Explanation:

    Statements 2 and 3 are correct. SGrBs are issued to support green projects, and the framework was formulated in 2022. Statement 1 is incorrect because the SGrBs faced a muted response.

    By: susheel
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