Daily Current Affairs Quiz for UPSC : 14 July 2025

Consider the following statements regarding Green Loans:

1. Green Loans are strictly regulated by the Reserve Bank of India under a separate “Green Loan Code”.

2. Unlike Green Bonds, Green Loans do not require listing in capital markets and are typically bilateral or involve a small group of lenders.

3. As per international guidelines, the proceeds of Green Loans must be exclusively used for environmentally sustainable projects such as renewable energy, energy efficiency, or pollution control.

Which of the above statements is/are correct?

Consider the following statements regarding the Gini Coefficient:

1. A Gini Coefficient of 0 implies perfect equality in income or wealth distribution.

2. The Gini Coefficient can exceed 1 in extreme cases of inequality.

3. The Gini Coefficient is derived from the Lorenz Curve, which plots cumulative income shares against cumulative population shares.

Which of the statements given above is/are correct?

Consider the following statements regarding wastelands in India:

1. Wastelands are always uncultivable lands with no potential for economic use.

2. Ravines, saline-alkaline soils, and degraded pastures are categorized as wastelands in India.

3. As per the latest Wasteland Atlas of India, Rajasthan has the largest area under wastelands in the country.

Which of the statements given above is/are correct?