Read the following passage carefully:
1. India has aimed to reduce the country's carbon intensity by approximately 45 percent by 2030. To achieve this, Green finance plays a vital role. At the initial stages, green finance needs a big push from the government. The Indian government has identified projects worth Rs. 25,000 crore that will be financed by proceeds from Sovereign Green Bonds.
2. According to the framework approved by the finance ministry, the sovereign green bonds will focus on financing public projects including renewable energy, climate change, clean transportation, sustainable water and waste management, and pollution control.
3. Businesses that take green finance can benefit in various ways. It can help them follow different environmental norms and regulations, thus avoiding possible fines. Adopting sustainable developmental practices enhances the brand value of businesses. Customers tend to prefer brands that adopt clear sustainable development practices. The energyefficient and other sustainable development practices promoted by green finance also often help in saving costs and boosting the profitability of businesses.
4. The Economic Times, April 22, 2023 (Modified)
On the basis of the given text and common understanding, answer the following questions:
Define sustainable development.
Show Hint
Solution and Explanation
State the public project areas where Sovereign Green Bonds are focused.
Show Hint
Solution and Explanation
- Renewable energy (solar, wind, and hydroelectric projects)
- Energyefficient infrastructure (green buildings)
- Public transport systems to reduce carbon emissions
- Sustainable agriculture and land management
- Climate adaptation and mitigation measures
- Biodiversity and ecosystem conservation
How can businesses benefit from green finance?
Show Hint
Solution and Explanation
- Access to Capital: Funds for environmentally sustainable projects
- Lower Financing Costs: Reduced interest rates on green bonds
- Enhanced Brand Image: Improved reputation as a socially responsible entity
- Regulatory Compliance: Better alignment with environmental regulations
- Longterm Resilience: Improved ability to manage environmental risks
Top Questions on Inflation and unemployment
- What is meant by recession?
- Bihar Board XII - 2025
- Economics
- Inflation and unemployment
- Which of the following is NOT a source of data on unemployment in India?
- CUET (UG) - 2024
- Economics
- Inflation and unemployment
- Meaning of 'Human Development':
- GATE XH-C1 - 2024
- Economics
- Inflation and unemployment
- Explain the need and type of land reforms implemented in the agriculture sector.
- GATE XH-C1 - 2024
- Economics
- Inflation and unemployment
- Which one of the following measures in the Keynesian framework is adopted to tame inflation in an economy ?
- GATE XH-C1 - 2024
- Macroeconomics
- Inflation and unemployment
Questions Asked in GATE XH-C1 exam
- An organization allows its employees to work independently on consultancy projects but charges an overhead on the consulting fee.
The overhead is 20% of the consulting fee if the fee is up to ₹5,00,000.
For higher fees, the overhead is ₹1,00,000 plus 10% of the amount by which the fee exceeds ₹5,00,000.
The government charges a Goods and Services Tax (GST) of 18% on the total amount (i.e., the consulting fee plus the overhead).
An employee of the organization charges this entire amount — that is, the consulting fee, overhead, and tax — to the client.
If the client cannot pay more than ₹10,00,000, what is the maximum consulting fee that the employee can charge? Eight students (P, Q, R, S, T, U, V, and W) are playing musical chairs. The figure indicates their order of position at the start of the game. They play the game by moving forward in a circle in the clockwise direction.
After the 1st round, the 4th student behind P leaves the game.
After the 2nd round, the 5th student behind Q leaves the game.
After the 3rd round, the 3rd student behind V leaves the game.
After the 4th round, the 4th student behind U leaves the game.
Who all are left in the game after the 4th round?
The following figures show three curves generated using an iterative algorithm. The total length of the curve generated after 'Iteration n' is:
Two players \( A \) and \( B \) are playing a game. Player \( A \) has two available actions \( a_1 \) and \( a_2 \). Player \( B \) has two available actions \( b_1 \) and \( b_2 \). The payoff matrix arising from their actions is presented below:
Let \( p \) be the probability that player \( A \) plays action \( a_1 \) in the mixed strategy Nash equilibrium of the game.
Then the value of p is (round off to one decimal place).- GATE XH-C1 - 2025
- Logical Reasoning
Here are two analogous groups, Group-I and Group-II, that list words in their decreasing order of intensity. Identify the missing word in Group-II.
Abuse \( \rightarrow \) Insult \( \rightarrow \) Ridicule
__________ \( \rightarrow \) Praise \( \rightarrow \) Appreciate