Consider the following statement and choose the option that follows.
Statement: The bank has introduced green bonds to fund eco-friendly projects.
Conclusions:
I. The bank is supporting sustainable development.
II. Green bonds are more profitable than regular bonds.
- AOption (a)
Only I follow
- BOption (b)
Only II follow
- COption (c)
Both follow
- DOption (d)
Neither follow
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Correct answer
Only I follow
Why this answer is correct
Given Statement:
The bank has introduced green bonds to fund eco-friendly projects.
Conclusions:
I. The bank is supporting sustainable development - True (Because, green bonds are specifically introduced to fund eco-friendly projects, which directly indicates support for sustainable development.)
II. Green bonds are more profitable than regular bonds - False (Because, no information is given in the statement regarding profitability comparison between green bonds and regular bonds.)
So, Only conclusion I follows.
Hence, the correct answer is "Option 1".