WBCS.LIVE practice question

Financial instruments that generate proceeds for investment in environmentally sustainable projects are called

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Green bonds
  2. Nature bonds
  3. Low Emission bonds
  4. Environment bonds

Correct answer and explanation

Correct answer: Green bonds

Explanation: āœ… Correct Answer: A) Green bonds šŸ“š Explanation: 'Green bonds' are financial instruments used specifically to raise money for environmentally friendly projects. This includes investments in renewable energy and clean transportation. They allow investors to support projects that help protect the planet and reduce carbon emissions. India has become a major user of these bonds to fund its sustainable energy goals.