BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
NIBM is an Indian institution for research, training, and consultancy in banking and finance. What is the meaning of “B” in NIBM?
A
Base
B
Bank
C
Branch
D
Banking
Explanation: 

Detailed explanation-1: -National Institute of Bank Management (NIBM) was established in 1969 by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management.

Detailed explanation-2: -Named after the famous National Institute of Bank Management (NIBM), NIBM Road is a threekm long stretch that runs along the south-eastern micro-market of Mohammadwadi and covers some parts of Undri.

Detailed explanation-3: -Yes, highly recognized and respected within the industry. A lot of executives from multinational companies carry an MBA or Executive MBA from NIBM.

Detailed explanation-4: -Selection of candidates is done on the basis of CAT 2022/ XAT 2023/ CMAT 2023 / GMAT / GRE scores followed by the Writing Ability Test and Interview in selected centres.

There is 1 question to complete.