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RBI Grade B Phase 1 PYP >> Jul 9, 2023 - Shift 2 >> General Awareness

Question :

The Vulnerable 20 Group (V20) of Finance Ministers and the Group of Seven (G7) launched the Global Shield against Climate Risks - an initiative for pre-arranged financial support designed to be quickly deployed in times of climate disasters.

Which country has contributed the most to this initiative?

1. USA

2. Japan

3. Germany

4. United Kingdom

5. Canada

Correct Answer : 3
Solution :

Germany is the largest contributor to the Global Shield against Climate Risks initiative. At its launch during COP27 in November 2022, Germany pledged approximately €170 million (around US$172 million) to kickstart the initiative. This significant contribution underscores Germany's commitment to supporting climate-vulnerable countries through pre-arranged financial mechanisms designed for rapid deployment during climate-related disasters.

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Record Breaking Results in 2024-25 🎉

Niranjan Jain

Niranjan Jain

Rank #1

SBI PO

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Amit Mandal

Amit Mandal

Rank #1

IBPS PO

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S B Tanay Gaurav

S B Tanay Gaurav

Rank #1

RBI Gr. B

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Shubham Agrawal

Shubham Agrawal

Rank #1

SSC CGL

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Manjot Singh

Manjot Singh

Rank #1

SSC CGL (JSO)

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Rohit Chadhar

Rohit Chadhar

Rank #1

SSC CHSL

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Shekhar Kumar

Shekhar Kumar

Rank #8

RBI Gr. B

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