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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...

Sample Questions for CAIIB - Advanced Bank Management - Sample Questions Set 5



1. If market quotes USD/INR as 43.61/63, at what rate can you buy USD at the given quote?
a) 43.61
b) 43.62
c) 43.63
d) 43.60

Answer - 43.63

2. Debt Equity denotes position of the firm
a) Profitability
b) Solvency
c) Liquidity
d) None

Answer - Solvency

3. Which of the following formula can be used for calculation of equated monthly installment (EMI)
a) P x r[ (l+r)n x (l+r)n —1]
b) P x r [ (l+r)n / (l+r)n +1]
c) P x r [ (l+r)n / (l+r)n —1]
d) P x r [ (l+r)n / (l+r)n ]
Answer - P x r [ (l+r)n / (l+r)n —1]

4. Mr X has purchased a bond at 10% for 6 years, with face value of Rs.1000 for Rs.900. What is his yield till maturity
a) 12.50%
b) 12.20%
c) 11.80%
d) 11.60%

Answer - 12.50%

5. Credit rating is a system of
a) Measuring Risk
b) Mitigating Risk
c) Migrating Risk
d) Credit Appraisal

Answer - Measuring Risk

6. Which of the following is not the purpose of Credit Audit
a) Improvement in the Quality of credit portfolio
b) Review sanction process and compliance status of large loan
c) Feedback on regulatory compliance
d) Stock Inspection

Answer - Stock Inspection

7. Project Loans an be given by the Bank to
a) Only Corporate
b) Only Corporate and Partnership Firm
c) Only Corporate, Partnership Firm and Societies
d) Any Business Entity

Answer - Any Business Entity

8. Total Priority Sector target for Foreign Bank, Operating in India is
a) 20%
b) 32%
c) 40%
d) 18%

Answer - 32%

9. When the required rate of return is less than the coupon rate then value of the bond is
a) less than face value
b) more than face value
c) equal to face value
d) Maturity Value

Answer - more than face value

10. Which of the following is not part of secured loans raised by a company
a) Inter-corporate borrowing
b) Debentures
c) Term loan from a bank
d) term loan from a financial institutions

Answer - Inter-corporate borrowing


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