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The finance ministry, after extensive consultations with the Reserve Bank of India (RBI), multilateral institutions, and other stakeholders, is ready with the framework for its maiden Rs 16,000-crore green bond issuance.The framework is expected to cover funding of green and sustainable infrastructure across road, railway, urban transportation, agriculture, and social sectors, apart from renewable energy projects. As part of its second half of 2022-23 (FY23) borrowing calendar (October-March), the finance ministry had announced it would issue sovereign green bonds (SGBs) worth Rs 16,000 crore. With this, India will join the club of 25 nations so far whose governments have issued bonds to exclusively fund climate sustainability and green infrastructure projects and initiatives. RBI Headquarters: Mumbai Governor: Shaktikanta Das 4 Deputy Governors: T. Rabi Sankar, MK Jain, MD Patra, M Rajeshwar Rao Green bonds are bonds issued by corporates, sovereign entities, inter-governmental organizations, and multinational corporations whose proceeds are deployed towards environmentally sustainable projects. They have positive environmental and climate benefits such as energy efficiency, renewable energy, clean transportation, and sustainable water projects.
A watch and a calculator were purchased with their cost prices in a ratio of 2:1, respectively. The calculator was sold at a 25% loss, and the watch was...
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A shopkeeper sold an article after offering two successive discounts of 15% and 10%, respectively. The marked price of the article is Rs. 2200. If the c...
The marked price of a dishwasher is set 25% higher than its cost price. The seller then applies two successive discounts, first 15% and then an addition...
A seller marked his article 75% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole trans...
A profit from selling an accessory for Rs. 18,000 is the same as the loss when it is sold for Rs. 12,000. If the cost price had increased by Rs. 4,000 a...
The marked price of an article is Rs. 400 more than its cost price. The article is sold at 25% discount such that the seller earns a profit of Rs. 25. F...
The cost price of 23 mangoes is Rs.200. Because of bad quality of mangoes, the shopkeeper has to sell mangoes at a loss that is equal to selling price o...
A shopkeeper buying an item for Rs 6000 and marked it up by 33.33%. He vend it after giving two consecutive discounts of 20% and Rs 200 respectively. Ha...
