UPSC CAPF (AC) 2025 Paper I · Question 23

Question 23 of the UPSC CAPF (AC) 2025 Paper I (3 August 2025). Try it first, then open the answer and explanation.

1. CAPF 2025 · P-I · Q23 · Indian Economy · Public Finance & Taxation

   The Union Budget for which of the following years announced the issue of Sovereign Green Bonds to reduce the carbon intensity of the economy?

   1. 2022-23
   2. 2021-22
   3. 2023-24
   4. 2019-20

   केन्द्रीय बजट में निम्नलिखित में से किन वर्षों के लिए अर्थव्यवस्था की कार्बन तीव्रता (carbon intensity) कम करने हेतु राष्ट्रिक हरित बॉन्ड (Sovereign Green Bonds) जारी करने की घोषणा की गई?

   1. 2022-23
   2. 2021-22
   3. 2023-24
   4. 2019-20
   Show answer

   Answer: (1) 2022-23

   उत्तर: (1) 2022-23

   The Union Budget 2022-23 announced Sovereign Green Bonds to mobilise money for green infrastructure and reduce the carbon intensity of the economy. The first tranches were auctioned by the RBI on the government's behalf in January-February 2023 (still in the 2022-23 financial year).

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