Question:
Which institution issues the Sovereign Green Bonds (SGrBs) on behalf of the government?
Which institution issues the Sovereign Green Bonds (SGrBs) on behalf of the government?
Updated On: June 02, 2025
- RBI
- SEBI
- NITI Aayog
- BSE
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The Correct Option is A
Solution and Explanation
The Reserve Bank of India (RBI) is the institution that issues Sovereign Green Bonds (SGrBs) on behalf of the Indian government. These bonds are used to raise funds for financing environmentally friendly and sustainable projects. India’s introduction of Sovereign Green Bonds reflects its commitment to reducing carbon emissions and promoting green projects. Sovereign Green Bonds are a popular tool for funding sustainable initiatives, helping both governments and private sectors meet environmental goals.
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