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RBI Joins NGFS

Published on May 01, 2021
Current Context: The Reserve Bank of India (RBI) has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a Member.
RBI Joins NGFS
  • The NGFS group shares best practices to develop the environment and climate risk management in the financial sector. It mobilizes finance which will help to support in achieving a sustainable economy.
  • It was launched at the Paris One Planet Summit in Dec 2017
  • Through this membership, RBI expects to have the benefit and contribute to Green Finance in the context of climate change.
  • Static Part: 
    • HQ of RBI: Mumbai

Question: 

Q.1 Which organisation joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a Member?
a. Reserve Bank of India
b. Securities and Exchange Board of India
c. Insurance Regulatory and Development Authority of India
d. Association of Mutual Funds in India
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