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    • Question

      How does the Reserve Bank of India (RBI) primarily

      define climate change from a banking perspective?
      A Solely as a corporate social responsibility (CSR) obligation Correct Answer Incorrect Answer
      B As a standard environmental issue with no bearing on economic output Correct Answer Incorrect Answer
      C As an emerging systemic financial and economic risk Correct Answer Incorrect Answer
      D As a temporary seasonal shift in weather patterns Correct Answer Incorrect Answer
      E As an issue outside the purview of commercial bank regulations Correct Answer Incorrect Answer

      Solution

      The RBI defines climate change primarily as an emerging systemic financial and economic risk rather than just an environmental issue.

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