New Student Offer Use Code - HELLO

Join Here

RBI Adds 10-Year Sovereign Green Bonds to FAR for Non-Residents

Published on November 09, 2024
Current Context: The Reserve Bank of India (RBI) has recently added 10-year Sovereign Green Bonds (SGrBs) to the list of designated government securities that non-residents can purchase through the Fully Accessible Route (FAR).
RBI Adds 10-Year Sovereign Green Bonds to FAR for Non-Residents
  • This initiative is designed to attract foreign investment in environmentally sustainable projects in India.
  • The inclusion of these green bonds in the FAR aims to support the government's efforts in promoting sustainable development and financing green projects.
  • This move is expected to boost the participation of international investors in India's green financing landscape, furthering the country's commitment to environmental sustainability.

Question:

1 What type of bonds has the RBI recently added to the list of designated government securities for non-residents through the Fully Accessible Route (FAR)?

  • A) Municipal Bonds
  • B) Corporate Bonds
  • C) Sovereign Green Bonds (SGrBs)
  • D) Treasury Bills
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu