Question
Which of the following statements accurately describes
the recent inclusion of 10-year Sovereign Green Bonds (SGrBs) under RBI’s Fully Accessible Route (FAR) for non-residents?Solution
The Fully Accessible Route (FAR) was introduced in 2020 to allow non-residents such as FPIs, NRIs, and OCIs to invest in specified government securities without investment limits. This new inclusion designates 10-year Sovereign Green Bonds (SGrBs) as specified securities for FAR, broadening non-residents' investment options.
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A recognised stock exchange and recognised clearing corporation shall maintain and preserve all the books, registers, other documents and records relati...
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