GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following got accredited by the Green Climate fund as a national implementing entity for undertaking climate change related projects in India?
A
EPFO
B
SIDBI
C
MUDRA
D
NABARD
Explanation: 

Detailed explanation-1: -The decision to accredit NABARD was taken on 09 July 2015 at the Board meeting of GCF at Songdo, Republic of Korea in which Shri.

Detailed explanation-2: -Considering the existing arrangement with NABARD as National Implementing Entity (NIE) for Adaptation Fund (AF) under Kyoto Protocol and its presence across the country, NABARD has been designated as National Implementing Entity (NIE) for implementation of adaptation projects under NAFCC by Govt.

Detailed explanation-3: -The projects related to adaptation in sectors such as agriculture, animal husbandry, water, forestry, tourism etc. are eligible for funding under NAFCC. National Bank for Agriculture and Rural Development (NABARD) is the National Implementing Entity (NIE).

There is 1 question to complete.