Question
The finance ministry, after consultations with the RBI,
multilateral institutions, and other stakeholders, is ready with the framework for its maiden Rs _______ green bond issuance.Solution
The finance ministry, after extensive consultations with the Reserve Bank of India (RBI), multilateral institutions, and other stakeholders, is ready with the framework for its maiden Rs 16,000-crore green bond issuance.The framework is expected to cover funding of green and sustainable infrastructure across road, railway, urban transportation, agriculture, and social sectors, apart from renewable energy projects. As part of its second half of 2022-23 (FY23) borrowing calendar (October-March), the finance ministry had announced it would issue sovereign green bonds (SGBs) worth Rs 16,000 crore. With this, India will join the club of 25 nations so far whose governments have issued bonds to exclusively fund climate sustainability and green infrastructure projects and initiatives. RBI Headquarters: Mumbai Governor: Shaktikanta Das 4 Deputy Governors: T. Rabi Sankar, MK Jain, MD Patra, M Rajeshwar Rao Green bonds are bonds issued by corporates, sovereign entities, inter-governmental organizations, and multinational corporations whose proceeds are deployed towards environmentally sustainable projects. They have positive environmental and climate benefits such as energy efficiency, renewable energy, clean transportation, and sustainable water projects.
Erratic
In the following questions, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to ...
- Below a word is given in three sentences. Find out which one/ones make/makes a correct usage of the given word and mark the option accordingly. If the sent...
In the question below, two sentences with one word in each highlighted in bold. From the options, choose the one that can replace the highligh...
Hamper
A. The extra ammo stored in the pockets would weigh him down and it would only hamper his fighting abilities.
B. We don't own a pic...
A person unselfishly concerned for or devoted to the welfare of others.
Volatile
(1) India continues to be a bright spot in terms of steel demand and consumption as compared to the global scenario, which remains vol...
In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sentences in which...
Select the option that can be used as a one-word substitute for the given group of words.
Having no boundaries or limits
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
