BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
International Investment Bank
|
|
International Indian Bank
|
|
International Installment Bank
|
|
International Institution Bank
|
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.