Explain the notion of praxis and why it has no place in banking education?

Question: Explain the notion of praxis and why it has no place in banking education? 

The notion of praxis refers to the process of taking action based on one's beliefs and reflections, leading to a deeper understanding of the world. It has no place in banking education, as banking education emphasizes the one-way transmission of knowledge from the teacher to the student, with no room for critical thinking or reflection. In banking education, the teacher is seen as the holder of knowledge, while the student is a passive recipient, unable to challenge or question the information being presented. This approach hinders the development of praxis, which requires active engagement and critical reflection on the part of the learner.

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