‘Green Deposit Programme’- HSBC India

Current Context: HSBC India has launched ‘Green Deposit Programme’.

The ‘Green Deposit Programme’ is launched for corporate clients who will be responsible to provide finance to the green initiative projects and eco-friendly projects.
The projects which will be financed include renewable energy, clean and safe transport, controlling pollution, low carbon emissions, climate-resilient and sustainable economy.
With the help of this programme, corporate sectors will be able to support environmentally beneficial projects.
The ‘Green Deposit Programme’ is available in deposits i.e. as ‘term deposits’. These term deposits will attract higher interests as compared to the saving deposits.
The amount for green deposits will be subjected to a limit basis for eligible business and projects.
The ‘Green Deposit Programme’ will offer stable principal amount, pre-agreed return, protection and security for principals as a bank deposit.
The ‘Green Deposit Programme’ will prove beneficial to those corporates who want to provide investment in environmentally beneficial projects but are unable to provide investment due to lacking funds.
Static Part:

Question:

Q.1 Who among the following launched ‘Green Deposit Programme’?
a. SEBI
b. PFRDA
c. HSBC India
d. IRDAI