Current Affairs · Climate Finance Regulations
Regarding the RBI's 'Disclosure Framework on Climate-related Financial Risks', consider the following statements: 1. The framework applies to specified Scheduled Commercial Banks, All-India Financial Institutions, and top tier NBFCs. 2. 'Physical Risks' refer to risks arising from policy changes towards a low-carbon economy. 3. The framework is aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Which of the statements given above is/are correct?
- 12 and 3 only
- 21 and 3 only✓
- 33 only
- 41 only
Correct answer
1 and 3 only
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