Question

Consider the following statements regarding Sovereign Green Bonds (SGrBs): 1.      SGrBs are eligible for trading in the secondary market and can be used for Repurchase Transactions (Repo). 2.      Funds raised through SGrBs are deposited into the Consolidated Fund of India and managed by the Ministry of Finance’s Public Debt Management Cell. 3.      SGrBs can be used to finance projects related to nuclear power and large hydropower plants over 25 MW. Which of the above statements is/are correct?

A Only 1
B Only 2
C 1 and 2
D 2 and 3
E 1, 2, and 3
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