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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 - Bank Financial Management - Sample Questions Set 1



1. Which of the following is true?
a) If a bank has oversold position, Bank will gain if the rate of foreign currency rises
b) If a bank has oversold position, Bank will gain if the rate of foreign currency declines
c) If a bank has oversold position, Bank will lose if the rate of foreign currency declines
d) If a bank has overbought position, Bank will gain if the rate of foreign currency declines

Answer - If a bank has oversold position, Bank will lose if the rate of foreign currency declines

2. NRE account cannot be opened in which of the following currencies?
a) Indian Rupees
b) USD
c) Euro
d) b and c

Answer - b and c

3. Value at Risk (VAR) concept can be described as
a) Downside risk potential
b) Measure of volatility
c) Measure of sensitivity
d) All of the above

Answer - Downside risk potential

4. RBI has put in place real time gross settlement system(RTGS) to mitigate the following risk
a) Market Risk
b) Settlement Risk
c) Operational Risk
d) Strategic Risk

Answer - Settlement Risk

5. Economic Equity Ratio is used to assess sustenance capacity of the bank. It is calculated using the formula
a) Net Interest Income / Shareholder Funds
b) Total Income / Shareholder Funds
c) Shareholder Funds / Total of Assets & Liabilities
d) Shareholder Funds / Total Assets

Answer - Shareholder Funds / Total Assets

6. If the fixed and variable cost at 50%production capacity is Rs.20000 and Rs.30000, respectively, the total cost at 70% capacity will be
a) 50000
b) 62000
c) 70000
d) 58000

Answer - 62000


7. Advance in the form of pledge should not be granted in respect of
a) Stock-in-process
b) Raw Material
c) Finished Goods
d) None of these

Answer - Stock-in-process

8. Inflation means
a) Increase in price
b) Decrease in value of money
c) Boom
d) a and b

Answer - a and b

9. Under Basel III, the risk weight for capital charge for credit risk on the basis of standardized approach for home loan of above Rs.75 lac, where loan to value (LTV) ratio is
a) 20%
b) 50%
c) 75%
d) 100%

Answer - 75%

10. No Frills' delivery of banking services at an affordable cost to the vast section of disadvantaged and low income groups is called
a) Vanilla Banking
b) Financial Inclusion
c) Financial Exclusion
d) Social Service

Answer - Financial Inclusion

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