CURRENT AFFAIRS

2023

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which bank announced that the maiden Sovereign Green Bonds (SGrBs) will be issued in two tranches of INR 8,000 crore each?

A	SBI
B	PNB
C	RBI
D	ICICI

Explanation:

Detailed explanation-1: -The RBI on Friday said that maiden Sovereign Green Bonds (SGrBs) would be issued in two tranches of Rs 8, 000 crore each on January 25 and February 9. The proceeds will be deployed in public sector projects which help in reducing the carbon intensity of the economy, Reserve Bank of India (RBI) said in a statement.

Detailed explanation-2: -The Reserve Bank of India (RBI) has announced that the maiden Sovereign Green Bonds (SGrBs) for an aggregate sum of Rs. 16, 000 crore will be issued in two tranches of Rs. 8, 000 crore each in January and February 2023, with the intention of mobilizing resources for green infrastructure.

There is 1 question to complete.