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The RBI has released a report on Currency and Finance (RCF) for the year 2022-23. The report’s theme is “Towards a Greener Cleaner India”. The Report covers four major dimensions of climate change to assess future challenges to sustainable high growth in India, namely, the unprecedented scale and pace of climate change; its macroeconomic effects; implications for financial stability; and policy options to mitigate climate risks. The highlights of the report include India’s estimated green financing requirement of at least 2.5% of GDP annually till 2030. Further, India has embarked on a targeted and time-bound climate action plan to reduce carbon emissions and currently ranks the best amongst G-20 countries as per the Climate Change Performance Index, 2023. Also, India’s goal of achieving the net zero target by 2070 would require an accelerated reduction in the energy intensity of GDP by around 5 % annually and a significant improvement in its energy-mix in favour of renewables to around 80% by 2070-71.
Consider the following statements regarding “Defence Innovation Organisation (DIO)”:
I. DIO is a not-for-profit organisation formed under sec...
Life Insurance Corporation of India (LIC) has launched a new non-linked, non-participating individual savings whole life insurance product in which the ...
What percentage of operational waste did Hindalco recycle in FY24?
As per the National Education Policy, 2020, which of the following National Curriculum Framework (NCF) will be developed?
1. National Curriculum ...
ADB will provide a fund of Rs.1311.20 crore for tourism projects in which state ?
Recently Jitendra Singh (Science and Technology Minister) has launched India’s first Virtual Science Lab for Children under CSIR (Council of Scien...
On which date World Psoriasis Day is observed annually?
PAY EASY,a mobile application has been launched enabling small-scale merchants such as traders, retailers, and professionals, to accept instant cashle...
Recently, GST Council has decided to generate GST e-invoices for B2B transactions for those GST-registered businesses with annual turnover of more than ...
In which city is the Moin-ul-Haq Stadium located?