Current Affairs · Banking & Financial Regulations
Regarding the Reserve Bank of India's 'Disclosure Framework on Climate-related Financial Risks', consider the following statements: 1. The framework applies to all Scheduled Commercial Banks, Urban Co-operative Banks, and top-tier NBFCs. 2. 'Physical Risks' refer to risks arising from climate policy shifts and low-carbon transitions. 3. The framework is broadly aligned with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12 and 3 only
- 21 and 3 only✓
- 33 only
- 41 only
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1 and 3 only
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