New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Which of the following organisation has issued the

    first-ever wildlife bond, worth $150 million, to be used to revive the population of rhinoceros in South Africa?
    A World Bank Correct Answer Incorrect Answer
    B RBI Correct Answer Incorrect Answer
    C IMF Correct Answer Incorrect Answer
    D IUCN Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    IBRD has created the world’s first kind of Wildlife Conservation Bond, also known as the “Rhino Bond,”. The money will be partly spent on two South African reserves, the Addo Elephant National Park (and the Great Fish River Nature Reserve (GFRNR).

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