McqMate
| Q. |
Green banking means - |
| A. | development of forestry by banks |
| B. | financing of environmental friendly projects by banks |
| C. | financing of irrigation projects by banks |
| D. | None of the above |
| Answer» B. financing of environmental friendly projects by banks | |
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Explanation: Green banking is like a normal bank, which considers all the social and environmental/ecological factors with an aim to protect the environment and conserve natural resources. It is also called as an ethical bank or a sustainable bank. They are controlled by the same authorities but with an additional agenda toward taking care of the Earth's environment/ habitats/resources. |
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