Question

To ensure availability of low-cost funds for renewable energy projects, Government of India raised sovereign green bonds of ₹16,000 crore (approximately) during FY23 out of which _____ were dedicated for renewable energy.

A Rs.6816 crore Correct Answer Incorrect Answer
B Rs.7234 crore Correct Answer Incorrect Answer
C Rs.8912 crore Correct Answer Incorrect Answer
D Rs.9858 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

To ensure availability of low-cost funds for renewable energy projects, Government of India raised sovereign green bonds of ₹16,000 crore (approximately) during FY23. Out of the proceeds of sovereign green bonds, ₹6,186 crore were dedicated for renewable energy.

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