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UFBU Calls Off Nationwide Bank Strike on 24th and 25th Mar 2025 After Assurances from Finance Ministry and IBA

I n a significant development on March 21, 2025, the United Forum of Bank Unions (UFBU) has decided to call off their two-day nationwide strike, which was originally planned for March 24 and 25. This decision was made after the UFBU received positive reassurances from both the Finance Ministry and the Indian Banks’ Association (IBA) regarding their key demands. The banking unions, under the umbrella body of UFBU, represent employees from nine major unions across the country, including AIBEA, AIBOC, NCBE, AIBOA, and BEFI. The unions had earlier called for the nationwide strike to protest against several ongoing issues that they believe impact the welfare and job security of bank employees. Key Issues Behind the Proposed Strike The strike was initially called by UFBU to address a range of pressing concerns, some of which have been lingering for years. The union's main demands included: Five-Day Workweek for Bank Employees:  One of the most anticipated demands was the implementation o...
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Sample Questions for CAIIB - Advanced Bank Management - Sample Questions Set 1


1. Net Interest Income (NII) is calculated using the following formula
a) Interest income - Total expenses
b) Total Income - Interest expenses
c) Interest income - Interest expenses
d) Total income - Total expenses

Answer- Interest income - Interest expenses

2. VaR means
a) Volume of Business at Risk
b) Value at Risk
c) Volume on Risk
d) Value as Risk

Answer- Value at Risk

3. The bond prices can be estimated using modified duration. The formula for calculating %age change in price of a bond is
a) Modified duration x yield change
b) Yield change /modified duration
c) Modified duration 1 Yield change
d) Modified duration + Yield change

Answer - Modified duration x yield change

4. Johari Window is most useful for
a) Understanding others
b) Self-Awareness
c) Working in Teams
d) Improving inter-personal relations

Answer - Self-Awareness

5. Orientation Criterion is an exposure to the
a) Group of people
b) Individuals
c) Small business
d) Both b&c

Answer - Both b&c

6. The National Income is equal to
a) GNP- Subsidies –Taxes
b) NNP-Direct taxes+ Subsides
c) NNP- Direct taxes - Subsidies
d) GNP- Subsidies +Taxes

Answer - NNP-Direct taxes+ Subsides

7. Net tax revenue + Total non tax revenue is
a) Capital receipts
b) Total revenue receipts
c) Debt receipts
d) None of these

Answer - Total revenue receipts

8. Which of the following aspects covered under economic feasibility of the project
a) Return on investment
b) Break Even Analysis
c) Marketing arrangements
d) Both a & b

Answer - Both a & b

9. ECGC of India Ltd is a corporation set up by the Government of indfa to encourage exporters & help the Exporting community and the financing bankers to mitigate the risks involved in their business of Exporting. The corporation does so by issue of
a) Financial guarantees to banks
b) Policies to exporters
c) Offering factoring services
d)All of the above

Answer - All of the above

10. YTM of a Bond is also known as
a) Internal rate of return
b) Current yield
c) Net Present Value
d) All of the Above

Answer - Internal rate of return

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