Economics · Economy
With reference to India's Sovereign Green Bond (SGB) framework, consider the following statements: 1. Proceeds from Sovereign Green Bonds can be deployed in nuclear energy projects. 2. The framework identifies eight eligible green categories including renewable energy, clean transportation, and sustainable water management. 3. A Green Finance Working Committee (GFWC) under the Ministry of Finance oversees allocation and reporting. 4. India's first tranche of Sovereign Green Bonds (FY 2022-23) was subscribed primarily by domestic institutional investors. Which of the above statements are correct?
- 12, 3 and 4 only✓
- 23 and 4 only
- 32 and 4 only
- 41 and 3 only
Correct answer
2, 3 and 4 only
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