Question
General Knowledge Question on Economics
Which one of the following is TRUE about ‘Sovereign Green Bonds’?
A
Sovereign Green Bonds will not be eligible for trading in the secondary financial markets
B
Non-Resident Indian’s are not allowed to invest in Sovereign Green Bonds
C
The Sovereign Green Bonds is auctioned by RBI
D
The proceeds of Sovereign Green Bonds will be deployed in fully private sector funded projects
Answer
The Sovereign Green Bonds is auctioned by RBI
Explanation
Solution
The correct option is (C): The Sovereign Green Bonds is auctioned by RBI