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Byju's Answer
Standard XI
Business Studies
International Sources of Finance
A method of p...
Question

A method of paperless banking to augment environment conservation through paperless banking transactions, which are also faster than conventional transanctions is called ____________.

A
Green Banking Channel
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B
Red Banking Channel
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C
White Banking Channel
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D
Block Banking Channel
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E
All of these
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Solution

The correct option is A Green Banking Channel
Green Banking Channel is an innovative step towards paperless 'Green Banking' for deposit, withdrawal and funds transfers within the Bank.

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