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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 4



1. To earn a return of Rs.10,000 p.a., 20% discount rate, present investment  for Perpetuity will be
a) 40000
b) 50000
c) 60000
d) 65000

Answer - 50000
2. As per RBI guidelines, Banks have to report their business, for public reporting purposes, based on segments as
a) Locational; Domestic; Global
b) Market; Domestic , International
c) Price; Dollars; Euro
d) Geographical; Domestic, International

Answer - Geographical; Domestic, International
3. What is the exemption limit for all MSME for obtaining collateral security

a) Rs 2 lakh
b) Rs 5 lakh
c) Rs 10 lakh
d) Rs 15 lakh

Answer - Rs 10 lakh
4. Which amongst the following Foreign currency accounts is like a current account in nature
a) EEFC
b) RFC
c) FCNR
d) a and b

Answer - a and b
5. The Standard Error of the mean for a sample size of two or more is
a) Always greater than the standard deviation of the population
b) Generally greater than the standard deviation of the population
c) Usually less than the standard deviation of the population
d) None of these

Answer -Usually less than the standard deviation of the population
6. Factors of production are
a) Land, Labour, and Capital
b) Assets, Machineries and Money
c) Land, Labour, Capital and Enterprenuer
d) None of these


Answer - Land, Labour, Capital and Enterprenuer
7. IS Curve is derived from
a) Classical Theory
b) Keynesian Liquidity preference theory of interest
c) Law of diminishing marginal utility
d) Law of equimarginal utility

Answer - Classical Theory
8. Mr X obtained a loan of Rs.92820 at 10%, which he has to pay in 4 equal annual installment. What will be the amount of installment
a) Rs.28283
b) Rs.29282
c) Rs.29476
d) Rs.29822

Answer - Rs.29282
9. beneficiary of an LC wants to negotiate the documents under LC with a bank other than his own bank. Which of the following are RBI guidelines is true in such cases
a) Since bills are being negotiated under LC, such transactions can be encouraged
b) since this restrict the cash flows to the loan accounts of the bank which is regular bank of the beneficiary, banks should not encourage such negotiations to non-constituents
c) since LC is opened as unrestricted, the banks may allow such facilities
d) None of these

Answer - since this restrict the cash flows to the loan accounts of the bank which is regular bank of the beneficiary, banks should not encourage such negotiations to non-constituents

10. Bank Rate is Also Referred as
a) Discount Rate
b) Subside Rate
c) Marginal Rate
d) None of these

Answer - Discount Rate

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