2025 · Q23
The Union Budget for which of the following years announced the issue of Sovereign Green Bonds to reduce the carbon intensity of the economy?
indian-polity-economyfiscal-external
- A2022-23
- B2021-22
- C2023-24
- D2019-20
Explanation
The announcement to issue Sovereign Green Bonds to mobilise resources for green infrastructure and reduce the carbon intensity of the economy was made in the Union Budget 2022-23. The first tranches of these bonds were issued in January-February 2023. Hence the announcement year is 2022-23.