![Bank of Baroda unveils bob Earth Green Term Deposit Scheme to Finance Earth Friendly Projects Bank of Baroda unveils bob Earth Green Term Deposit Scheme to Finance Earth Friendly Projects](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix4dcRVHvO9S7UTCwn48hGw1fCmpSUYrcy2bnhVZmy5qZZIw6Rf82VlHRZKl01tLXzwXIT-KhfJG2Ygf666OG7Yhzu1AWKy5qktgwAwYIPUZidCXCjn_Bi52_NbVxMUmPa20PXPHl7RGJoQ0q4olQW0msYl3pjw_PPxjAnzzZw7kNBQ-nHd9cg7P_EMgPY/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(22).png)
- Here are some key details about this scheme:
- The scheme offers depositors attractive interest rates on various tenors.
- It allows depositors to contribute to India’s green economy.
- The funds raised through this scheme will be used to finance eligible environment-friendly projects and sectors.
- This initiative fosters India’s transition to a green and sustainable economy.
- The scheme is open to the General Public, Resident Indians, NRIs, and High Net worth Individual (HNI) investors.
Question:
Q.1 What is the purpose of the funds raised through the BOB Earth Green Term Deposit Scheme?a. To finance eligible environment-friendly projects and sectors
b. To finance infrastructure projects
c. To finance the bank’s operations
d. To finance housing loans