📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Regarding RBI's Sovereign Green Bonds (SGrBs), which of

    the following statements is correct?
    A They are available in tenures of 5 years and 10 years only Correct Answer Incorrect Answer
    B Foreign investors are prohibited from investing in these bonds Correct Answer Incorrect Answer
    C They offer yields 50 basis points higher than conventional government securities Correct Answer Incorrect Answer
    D They are issued in tenures of 10 years and 30 years Correct Answer Incorrect Answer
    E They can only be purchased by institutional investors, not retail investors Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) issues Sovereign Green Bonds (SGrBs) in tenures of 10 years and 30 years. These bonds are part of India's commitment to fund green infrastructure projects and achieve climate action goals. The longer tenures (10 and 30 years) are designed to align with the long-term nature of green infrastructure projects.

    Practice Next
    More Previous Year Paper Questions
    ask-question