IIB is a multilateral institution for development that promotes social and economic development, prosperity, and economic cooperation between its member states. IIB stands for

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	International Investment Bank
B	International Indian Bank
C	International Installment Bank
D	International Institution Bank

Explanation:

Detailed explanation-1: -International Investment Bank (IIB) | Main page.

Detailed explanation-2: -International Investment Bank is a multilateral development institution that aims to facilitate connectivity and integration between the economies of the Bank’s member states in order to ensure sustainable and inclusive growth and the competitiveness of national economies, backed by the existing historical ties.

Detailed explanation-3: -Hence, Industrial banks are also known as investment banks.

Detailed explanation-4: -Multilateral development banks, or MDBs, are supranational institutions set up by sovereign states, which are their shareholders. Their remits reflect the development aid and cooperation policies established by these states.

There is 1 question to complete.