Q. With reference to framework for sovereign green bonds consider the following statements:
1.Green Finance Working Committee (GFWC) has been constituted under this framework.
2.The framework provides that proceeds from green bonds will be deposited in the Consolidated Fund of India (CFI).
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Statement 1: The Finance Ministry under the framework for sovereign green bonds has constituted a Green Finance Working Committee (GFWC).

Statement 2: The framework provides that proceeds from green bonds will be deposited in the Consolidated Fund of India (CFI).

Source: The Indian Express