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    Question

    What is the objective of the MoU between IFSCA and

    CPI?
    A Enhancing economic growth in India Correct Answer Incorrect Answer
    B Promoting climate change awareness Correct Answer Incorrect Answer
    C Increasing global sustainable capital flows into India Correct Answer Incorrect Answer
    D Facilitating foreign direct investments Correct Answer Incorrect Answer
    E Improving financial literacy among Indian citizens Correct Answer Incorrect Answer

    Solution

    The International Financial Services Centres Authority (IFSCA) and Climate Policy Initiative - India (CPI) have signed an MoU for mutual assistance and cooperation to increase the mobilization of global sustainable capital flows into India. CPI’s mission is to help governments, businesses, and financial institutions drive economic growth while addressing climate change. It is against this backdrop that IFSCA and CPI are collaborating through a wide-ranging MoU, which includes research and joint convenings in the field of sustainable finance.

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