The concept of 'Green Bonds' refers to: MCQ with Answer and Explanation

The concept of 'Green Bonds' refers to:
A. Only short-term money-market instruments
B. Only high-yield corporate bonds
C. Debt instruments whose proceeds are earmarked for environmentally beneficial projects
D. Only conventional government bonds
Answer: Option C
Solution (By JKSSB Mock Tests)
Green bonds are fixed-income securities issued to raise capital specifically for projects that have positive environmental or climate benefits, with proceeds tracked and reported accordingly.

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Practice More Economy Set 1 Questions

Question #1
The 'dependency ratio' is higher when:
A. working-age population is large
B. dependent population is large relative to working-age population
C. birth rate is low
D. death rate is high

Correct Answer: Option B


Explanation:
Dependency ratio rises with a larger dependent population relative to working-age population.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Composition Scheme' under GST is available to small taxpayers with turnover up to:
A. Rs 1.5 crore
B. Rs 50 lakh
C. Rs 10 crore
D. Rs 5 crore

Correct Answer: Option A


Explanation:
The composition scheme is available to taxpayers with annual turnover up to Rs 1.5 crore.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Bharat QR code' is used for:
A. digital payments at merchant locations
B. passport verification
C. land records
D. railway ticket booking

Correct Answer: Option A


Explanation:
Bharat QR code is used for QR-based digital payments at merchants.

This question belongs to: Economy GK Economy Set 1