Question
What is the process for eligible investors, other than
FPIs, to invest in specified securities under the Fully Accessible Route (FAR)? DIrection (15-17) :- Read the following information to answer the questions below: As announced in the Union Budget 2022-23, Government of India, as part of its overall market borrowings, will be issuing Sovereign Green Bonds (SGrBs), for mobilising resources for green infrastructure. The proceeds will be deployed in public sector projects which help in reducing the carbon intensity of the economy. Accordingly, it was notified in the Half-yearly issuance calendar for marketable dated securities for the second half of the fiscal year 2022-23 on September 29, 2022 that SGrBs for an aggregate amount of ₹16,000 crore would be issued. Government of India has since issued the Sovereign Green Bond Framework on November 09, 2022.Solution
International Central Securities Depositories: A central securities depository (CSD) that settles domestic and international securities transactions and typically offers additional services such as securities lending and collateral management. ICSDs are usually run on direct or indirect (through correspondent banks) links to local CSDs.
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A @ B means ‘A is the son of B’.
A & B means ‘A is the father of B’.
A % B m...
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