Climate Change, Sustainable Development Goals (SDGs) JAIIB MCQs | Paper I – Indian Economy & Indian Financial System

IE&IFS Chapter 10 Climate change, Sustainable Development Goals (SDGs)

Test your knowledge of Chapter 10: Climate change, Sustainable Development Goals (SDGs) with this JAIIB MCQs Practice Pack, covering key topics such as: 📌 Topics Covered:

Climate Change and the 17 Sustainable Development Goals (SDGs)
India’s progress in SDGs and the NITI Aayog SDG Index
India’s 'Panchamrit' climate action commitments
The role of Green Finance, Green Bonds, and banks in sustainable development
Corporate Social Responsibility (CSR) activities and the legal framework in India ✅ Correct answers with explanations are provided at the end for effective revision. Sharpen your preparation, identify weak areas, and build exam confidence with these practice questions. Stay consistent. Stay exam-ready. 📚 For more daily quizzes, PDFs, and complete JAIIB study material, visit bankingshiksha.com.

1 / 10

1. How many Sustainable Development Goals (SDGs) were adopted by the United Nations General Assembly in 2015 as part of the 2030 Agenda for Sustainable Development?

A. 8

B. 12

C. 17

D. 21

2 / 10

2. As part of its major climate action commitments made at the COP26 summit, what is the target year by which India has pledged to achieve net-zero carbon emissions?

A. 2030

B. 2047

C. 2050

D. 2070

3 / 10

3. Which term refers to financial arrangements and investments that are specifically directed towards projects that are environmentally sustainable or are designed to address climate change?

A. Corporate Finance

B. Green Finance

C. Public Finance

D. Priority Sector Finance

4 / 10

4. Which government institution in India is responsible for the overall coordination and monitoring of the Sustainable Development Goals (SDGs)?

A. Reserve Bank of India (RBI)

B. Ministry of Finance

C. NITI Aayog

D. Ministry of Environment, Forest and Climate Change

5 / 10

5. If a company, which is required to undertake CSR activities, fails to spend the mandated amount and also fails to transfer the unspent amount to a specified fund, what is the penalty applicable to the company?

A. Imprisonment of the CEO.

B. A penalty of twice the unspent amount, or ₹1 crore, whichever is less.

C. Cancellation of the company's business license.

D. A flat penalty of ₹10 crore.

6 / 10

6. Complete the following sentence: At the COP26 summit, India made five key climate commitments to guide its climate action policy, which are collectively known as the __________.

A. Panchsheel

B. Navaratna

C. Panchamrit

D. Saptarishi

7 / 10

7. Complete the following sentence: Bonds that are issued by companies, financial institutions, or governments where the proceeds are used exclusively for financing projects classified as environmentally sustainable are known as __________.

A. Sovereign Bonds

B. Corporate Bonds

C. Municipal Bonds

D. Green Bonds

8 / 10

8. Which of the following statements about the Sustainable Development Goals (SDGs) is TRUE?

A. The SDGs were introduced in 2015 to replace the Millennium Development Goals (MDGs).

B. The timeline for achieving the SDGs is from 2010 to 2025.

C. There are a total of 8 SDGs and 50 associated targets.

D. The SDGs focus exclusively on environmental issues like climate change and do not cover social or economic aspects

9 / 10

9. Which of the following statements about the Corporate Social Responsibility (CSR) rules in India is TRUE?

A. CSR spending is a voluntary activity for all companies in India.

B. Companies that meet certain criteria are required to spend at least 5% of their average net profits on CSR.

C. Failure to comply with CSR spending rules is now treated as a "civil wrong" with financial penalties, rather than a criminal offense.

D. The list of eligible CSR activities is decided independently by each company's board of directors without any government guidelines.

10 / 10

10. Use the following table to find the correct match.

Column A (Concept/Term)	Column B (Description)
1. LIFE Movement	a. A tool to track the progress of Indian states on the SDGs.
2. NITI Aayog's SDG Index	b. The legal framework for mandatory CSR in India.
3. Section 135 of Companies Act	c. A global climate fund to help vulnerable nations cope with climate disasters.
4. "Loss and damage" fund	d. India's mass movement to promote an environmentally conscious lifestyle.

Question : From the table above, which of the following is a correct match?

A. 1-b

B. 2-a

C. 3-c

D. 4-d

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