Question

The National Association of banks technically means​

Answer 1

Answer:

Nationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state. ... The Banks which were earlier in private sector were transferred to the public Sector by the act of nationalization.

Explanation:

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Answer 2

Answer:

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1. A bank in a system of federally chartered commercial banks in the United States, supervised by the Office of the Comptroller of the Currency, a department of the US Treasury.

2. A bank controlled by or associated with a national government, especially a