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    Question

    Green Bonds in India are regulated by which among the

    following?
    A Reserve Bank of India Correct Answer Incorrect Answer
    B Ministry of Environment and Forests Correct Answer Incorrect Answer
    C Ministry of Finance Correct Answer Incorrect Answer
    D SEBI Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A green-bond is a tax-exempt bond agreement used to raise money from the market to fund the green projects for the development of the brownfield sites. Brownfield sites are such that they are underutilized and can be developed. Such bonds are issued by World Bank, various municipalities, government agencies etc. In India, these bonds are regulated by SEBI.

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