Current Affairs · Economy & Green Finance
Both the National Industrial Classification (NIC) 2025 and the rise of green finance reflect structural changes in India's economy. Which of the following statements conceptually captures how NIC 2025 supports green-finance-driven growth?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1By limiting the classification of renewable energy industries, NIC 2025 directs funds only to conventional energy.
- 2By reorganising sections to include green-economy activities, NIC 2025 enables more accurate measurement of sectors receiving green-finance capital.✓
- 3By expanding classification of digital and IT services, NIC 2025 replaces the need for environmental reporting systems.
- 4By merging all environmental activities into a single code, NIC 2025 simplifies green project reporting for lenders.
Correct answer
By reorganising sections to include green-economy activities, NIC 2025 enables more accurate measurement of sectors receiving green-finance capital.
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