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Green banking means
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- development of forestry by banks
- financing of environmental friendly projects by banks
- financing of irrigation projects by banks
- None of the above
- development of forestry by banks
Correct Option: B
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.