2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kanpur Municipal Corporation
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Agra Municipal Corporation
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Ghaziabad Municipal Corporation
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Lucknow Municipal Corporation
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Detailed explanation-1: -Apart from being the first Indian city to debut municipal bonds, Indore is also the first city to have begun earning through carbon trading.
Detailed explanation-2: -With this issue, Indore Municipal Corp will become the first ever municipal corporation to have tapped the public issue market. This will also be the first municipal bond issuance of the current financial year. The company is offering debentures maturing in three, five, seven, and nine years.
Detailed explanation-3: -The Reserve Bank of India plans to raise $2bn in its first-ever green bond offering to support green infrastructure projects in the country.
Detailed explanation-4: -On Friday (January 6), the Reserve Bank of India (RBI) announced that it will, for the first-time, issue Sovereign Green Bonds (SgrBs) worth Rs 16, 000 crore, in two tranches of Rs 8, 000 crore each in the current financial year.
Detailed explanation-5: -The very first green bond was issued in 2007 with the AAA-rated issuance from multilateral institutions European Investment Bank (EIB) and World Bank.