BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Government of India on policy related issues
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Industry unions on wage negotiations and improving industrial relations
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Foreign counterparts to widen the horizon and perspectives
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All of the above
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Detailed explanation-1: -To promote and develop in India sound and progressive banking principles, practices and conventions and to contribute to the developments of creative banking. To render assistance and to provide various common services to Members and to the banking industry.
Detailed explanation-2: -The Indian Banking Association (IBA) has been a pioneer in initiating borrower-friendly policies that will increase the number of students under education loans. When it comes to abroad education, the quantum of loan is multiple times more than the domestic education loans.
Detailed explanation-3: -IBA: Indian Banks’ Association.
Detailed explanation-4: -1 Indian Banks’ Association MODEL EDUCATIONAL LOAN SCHEME FOR PURSUING HIGHER EDUCATION IN INDIA AND ABROAD 1. INTRODUCTION.