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Consider the following statements regarding Network for Greening the Financial System (NGFS).
1. Network for Greening the Financial System (NGFS) is a network of central banks and financial supervisors.
2. It aims to share the best practices and contribute to the development of the environment and climate risk management in the financial sector.
3. It was created by the Reserve Bank of India (RBI).
Which of the above statements is/are correct?
  • a)
    1, 2
  • b)
    1, 3
  • c)
    2, 3
  • d)
    1, 2, 3
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements regarding Network for Greening the F...
The Reserve Bank of India (RBI) has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a Member on April 23, 2021.
Launched at the Paris One Planet Summit on December 12, 2017, the NGFS is a group of central banks and supervisors willing to share best practices and contribute to the development of environment and climate risk management in the financial sector, while mobilising mainstream finance to support the transition towards a sustainable economy.
The Reserve Bank expects to benefit from the membership of NGFS by learning from and contributing to global efforts on Green Finance which has assumed significance in the context of climate change.
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Most Upvoted Answer
Consider the following statements regarding Network for Greening the F...
The Reserve Bank of India (RBI) has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a Member on April 23, 2021.
Launched at the Paris One Planet Summit on December 12, 2017, the NGFS is a group of central banks and supervisors willing to share best practices and contribute to the development of environment and climate risk management in the financial sector, while mobilising mainstream finance to support the transition towards a sustainable economy.
The Reserve Bank expects to benefit from the membership of NGFS by learning from and contributing to global efforts on Green Finance which has assumed significance in the context of climate change.
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Consider the following statements regarding Network for Greening the Financial System (NGFS).1. Network for Greening the Financial System (NGFS)is a network of central banks and financial supervisors.2. It aims to share the best practices and contribute to the development of the environment and climate risk management in the financial sector.3. It was created by the Reserve Bank of India (RBI).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements regarding Network for Greening the Financial System (NGFS).1. Network for Greening the Financial System (NGFS)is a network of central banks and financial supervisors.2. It aims to share the best practices and contribute to the development of the environment and climate risk management in the financial sector.3. It was created by the Reserve Bank of India (RBI).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements regarding Network for Greening the Financial System (NGFS).1. Network for Greening the Financial System (NGFS)is a network of central banks and financial supervisors.2. It aims to share the best practices and contribute to the development of the environment and climate risk management in the financial sector.3. It was created by the Reserve Bank of India (RBI).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Network for Greening the Financial System (NGFS).1. Network for Greening the Financial System (NGFS)is a network of central banks and financial supervisors.2. It aims to share the best practices and contribute to the development of the environment and climate risk management in the financial sector.3. It was created by the Reserve Bank of India (RBI).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer?.
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