BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How can banks contribute to the achievement of the Sustainable Development Goals?
A
By financing environmental projects
B
By promoting socially responsible products
C
By offering microcredit to women
D
All the answers are correct
Explanation: 

Detailed explanation-1: -An individual can contribute to Sustainable Development Goals in so various ways such as by wasting less food, helping people around you, not wasting water, creating new job opportunities for the people, avoiding products that are harmful to the environment, recycling, and buying energy-efficient appliances, etc.

Detailed explanation-2: -Banks play a key role in allocating finances for the functioning of the economy. As a result, they can contribute to channelling private investment towards the transition to a climate-neutral, climate-resilient, resource efficient and fair economy.

Detailed explanation-3: -Providing access to clean drinking water and nutritious food. Protecting the environment from damage due to human activities. Planning smart infrastructure so that the population can be managed properly. Responsible use of information technology to support sustainable development.

There is 1 question to complete.