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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 2



1. As per Abraham Maslow's motivation theory, the people have needs:
a) 2
b) 3
c) 4
d) 5

Answer - 5

2. Credit risk can be defined as
a) Possible willful default by borrowers in meeting their loan repayment obligations
b) possible genuine inability of the borrowers in meeting their
loan repayment commitments
c) Possibility of loan account becoming NPA
d) All the above

Answer - All the above

3. Macroeconomics deals with
a) Gross Domestic Product
b) Unemployment Rate
c) Price Indices
d) All the above

Answer - All the above

4. Which of the following is not a situation of credit risk
a) Willful default by the borrower in repayment of the loan
b) Inability of the borrower in repayment of the loan due to losses in the business
c) Invocation of guarantee by the beneficiary due to non- compliance by the borrower, on whose behalf the guarantee was issued
d) Fraud committed by a
borrower in connivance with the bank staff, not relating to the loan accounts

Answer - Fraud committed by a
borrower in connivance with the bank staff, not relating to the loan accounts

5. The rate at which the banks park their short term excess liquidity is called
a) Repo Rate
b) Reverse Repo Rate
c) Bank Rate
d) Base Rate

Answer - Reverse Repo Rate

6. Sale of security under SARFAESI Act is possible when the possession of security is taken. Before Taking possession, a notice is to be given
a) One Week
b) 30
c) 60
d) At Discretion of Bank

Answer - 60

7. Laissez-faire economy is
a) The extreme case of a market economy
b) The extreme case of Command Economy
c) The extreme case of mixed economy
d) None of these

Answer - The extreme case of a market economy

8. The due date for repayment of a term loan installment expires on feb 10, 2009 but borrower fails to make payment. The account becomes sub
standard wef
a) 13-May-09
b) 12-May-09
c) 11-May-09
d) 10-May-09

Answer - 12-May-09

9. Consumer Price Index measures prices at
a) Wholesale Level
b) Retail Level
c) Producer Level
d) Consumer Level

Answer - Retail Level

10. Business Cycle is also Known as
a) Entrepreneur Cycle
b) Economic Cycle
c) Vicious Circle
d) None of these

Answer - Economic Circle

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