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- Aim: To strengthen investment banking in India and Nepal by promoting knowledge sharing, capacity building, policy advocacy, and ethical standards.
- Conducting joint events to foster collaboration.
- Partnering on research to advance the investment banking field.
- Promoting policy representation for mutual benefits.
- Organizing exchange programs for skill development.
- Implementing digital initiatives for better integration.
Question:
Q.1 What is the primary aim of the MoU signed between Association of Investment Bankers of India (AIBI) and the Merchant Bankers Association of Nepal (MBAN)?a) To enhance trade relations
b) To strengthen investment banking in India and Nepal
c) To promote tourism between the two countries
d) To develop new banking technologies
Answer: b) The MoU aims to strengthen investment banking in India and Nepal by focusing on knowledge sharing, capacity building, policy advocacy, and ethical standards