Who chaired the ‘Committee of Experts on Sustainable Finance’, constituted by International Financial Services Centres Authority (IFSCA)?

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SBI PO Mains Memory Based Paper (Held On: 30 Jan 2023 Shift 1)
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  1. CK Mishra
  2. Bimal Jalan
  3. Raja Chelliah
  4. Shankar Acharya
  5. Surjit Bhalla

Answer (Detailed Solution Below)

Option 1 : CK Mishra
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The correct answer is CK Mishra.

Key Points

  • C.K. Mishra chaired the ‘Committee of Experts on Sustainable Finance’, constituted by International Financial Services Centres Authority (IFSCA).
    • He was the former Secretary to Government of India, Ministry of Environment, Forest & Climate Change.
    • The committee was constituted in September 2021 to provide recommendations on the development of a sustainable finance ecosystem in the International Financial Services Centre (IFSC) in Gujarat. The committee submitted its report in October 2022.

Additional Information

  • The report of the committee made a number of recommendations, including:
    • The establishment of a Sustainable Finance Framework in the IFSC.
    • The development of a Sustainable Finance Index for the IFSC.
    • The promotion of sustainable finance products and services in the IFSC.
    • The creation of a Sustainable Finance Centre of Excellence in the IFSC.
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