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  9. Q10

APSC CCE 2024 · Question 10 of 178

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?

Economy/Environment

  1. A1 and 4 only
  2. B1, 2 and 3 onlyCorrect
  3. C1, 3 and 4 only
  4. D1, 2, 3 and 4

Answer: B. 1, 2 and 3 only

Explanation

Statements 1, 2 and 3 are correct (first SGB issued January 2023); statement 4 is wrong since institutional and retail investors can also subscribe; official key gives (B).

Source: APSC CCE Prelims 2024 GS Paper-I, official Series-A paper (DUCN-I-24/43-A), answer from official Series-A key

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