India plans to issue Sovereign Green Bonds to raise money for green infrastructure projects. Consider the following statements about India's Sovereign Green Bonds : Statement 1: The funds raised will be used to finance public projects that lower the economy's carbon intensity. Statement 2: India issued its first Sovereign Green Bond in 2023. Statement 3: Green Bonds are part of India's strategy to achieve net zero emission by 2070. Statement 4: Only private investors can subscribe to Green Bonds. Which of the above statements are correct?
1, 2 and 3 only
To determine which statements about India's Sovereign Green Bonds are correct, let's evaluate each one:
- Statement 1: The funds raised will be used to finance public projects that lower the economy's carbon intensity. This statement is correct. Green bonds are specifically designed to fund projects that have positive environmental and climate benefits, aligning with the goal of reducing carbon intensity.
- Statement 2: India issued its first Sovereign Green Bond in 2023. This statement is correct. India launched its inaugural Sovereign Green Bond issuance in 2023.
- Statement 3: Green Bonds are part of India's strategy to achieve net zero emission by 2070. This statement is correct. Green Bonds are a financial mechanism that supports India's larger environmental goals, including the commitment to achieve net-zero emissions by 2070.
- Statement 4: Only private investors can subscribe to Green Bonds. This statement is incorrect. Green Bonds can be subscribed by various types of investors, not limited to private investors.
Based on the evaluation, the correct statements are 1, 2, and 3. Therefore, the correct option is:
1, 2 and 3 only
Important Questions from Miscellaneous (APSC)
- In early 2025, a rare marbled cat was spotted in which National Park of Assam?
- In early 2025, concerns arose regarding declining pungency of the Bhut Jolokia chili in Assam. What was identified as the primary cause of it?
The Soliga tribe inhabits the Biligiri Rangaswamy Temple (BRT) Tiger Reserve in Karnataka. Their relationship with the tiger population is very important to conservation efforts. Consider the following statements in connection with Soliga tribe :
(i) The name 'Soliga' means 'children of bamboo'.
(ii) The Soligas worship tigers as sacred beings. They refer to the tiger as Dodda Nayi and maintain a temple dedicated to it.
(iii) The Soligas were the first tribal community to have their forest rights recognized within a tiger reserve.
(iv) The Soliga tribe is confined to the State of Karnataka alone.
Which of the above statements is/ are not correct?
The National One Health Mission is a recently launched initiative in India aimed at strengthening the country's response to diseases and promoting a holistic approach to public health. Consider the following statements about India's One Health Mission :
Statement 1: The One Health Mission integrates human, animal and environmental health under a single framework.
Statement 2: The initiative is funded entirely by the Government of India without any international collaboration.
Statement 3: The Mission aims to track zoonotic diseases like Nipah and avian influenza.
Statement 4: India is the first country in Asia to adopt a One Health approach.
Which of the above statements are correct?
The Viksit Bharat 2047' initiative is the Government of India's visionary road map to transform the nation into a developed country by 2047, making the centenary of its independence. Consider the following four key objectives of the initiative :
Objective 1 : Elevate India to become the world's third largest economy within the next five years, aiming for a $100 trillion economy by 2047. Objective 2 : Empower youth, women, the underprivileged and farmers, recognizing them as pivotal contributors to national development.
Objective 3 : Implement strategies to address climate change and promote sustainable practices.
Objective 4 : Enhance administrative efficiency and transparency to ensure effective public service delivery.
Which of the above key objectives is/ are not correct?
