Question

Banking which stresses on environmentally friendly practices and aims at reducing the carbon footprint from banking activities is called

• A. Sustainable Banking
• B. Green Banking
• C. National Banking
• D. Carbon Banking

Answer 1

Answer:

B. Green Banking

Green Banking:

• Green Banking promotes deployment of clean energy technologies.
• Green Banking is a new trend of banks financing.
• It stresses on environmentally friendly practices and aims at reducing the carbon footprint from banking activities.
• Also known as eco-friendly financing.
• These activities seek to reduce costs of energy.