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

The concept of 'Green Bonds' refers to:
A. Only conventional government bonds
B. Only short-term money-market instruments
C. Only high-yield corporate bonds
D. Debt instruments whose proceeds are earmarked for environmentally beneficial projects
Answer: Option D
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
Which of the following is a feature of 'Privacy-Enhancing Technologies'?
A. Technologies that maximise data collection without safeguards
B. Only complete data anonymisation that destroys all utility
C. Technical methods that allow data to be used while minimising the exposure of personal information
D. Only encryption without any other tools

Correct Answer: Option C


Explanation:
Privacy-enhancing technologies (PETs) comprise a range of technical approaches—such as differential privacy, homomorphic encryption and secure multi-party computation—that enable data analysis while protecting individual privacy.

This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a major source of agricultural credit in India?
A. Commercial banks, cooperative banks and Regional Rural Banks
B. Foreign institutional investors only
C. Mutual funds
D. Stock exchanges

Correct Answer: Option A


Explanation:
Institutional agricultural credit in India is primarily provided by commercial banks, cooperative banks and Regional Rural Banks, with refinancing support from NABARD.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a feature of the long-run average cost curve under increasing returns to scale?
A. It is upward sloping
B. It is downward sloping
C. It is U-shaped only due to fixed factors
D. It is horizontal

Correct Answer: Option B


Explanation:
Under increasing returns to scale, long-run average cost falls as output expands, resulting in a downward-sloping LAC curve over the relevant range.

This question belongs to: Economy GK Economy Set 1