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      Question

      In India's Sovereign Green Bonds framework, the

      financial proceeds collected by the government can be legally allocated to which of the following sectors?
      A Setting up new nuclear power plants Correct Answer Incorrect Answer
      B Grid-scale renewable energy and clean transportation projects Correct Answer Incorrect Answer
      C Funding commercial oil refinery expansions Correct Answer Incorrect Answer
      D Subsidizing traditional chemical fertilizer units Correct Answer Incorrect Answer

      Solution

      India's Sovereign Green Bond framework strictly follows international "Green Bond Principles." Eligible projects include renewable energy expansion, energy efficiency, clean public transportation, and climate change adaptation. Nuclear energy and fossil-fuel related projects are explicitly excluded from using these funds.

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