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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 5



1. Adequacy of bank's liquidity position depends upon
a) Sources of Fund
b) Anticipated future funding needs
c) Present and Future earnings capacity
d) All of the above

Answer - All of the above

2. If type of trade is not mentioned, all the exchange rates quoted are a) Forward Transaction
b) Cash Transaction
c) Spot Transaction
d) Tom Transaction

Answer - Spot Transaction

3. Which of the following is not a function of integrated Treasury Department
a) Pricing of Products
b) Facilitation of Payment and Settlement of the bank
c) Issuance of Foreign currency denominated Traveler’s cheques
d) Assisting the bank management in ALM

Answer - Issuance of Foreign currency denominated Traveler’s cheques

4. Communication Risk is a type of
a) Market Risk
b) Credit Risk
c) Operational Risk
d) Interest Rate Risk

Answer - Operational Risk

5. The benchmark rates for term lending for USD are generally
a) LIBOR
b) MIFOR
c) MIBOR
d) None of These

Answer - LIBOR

6. When the delivery under Forex deal is completed on the 2nd working day following the date of contract the rate is called
a) Spot Rate
b) Forward Rate
c) TOM Rate
d) Transaction Settlement Rate

Answer - Spot Rate

7. Which one is supplementary Capital
a) Tier I
b) Tier II
c) Tier III
d) All of the above

Answer - Tier II

8. Which one is not quoted as a unit of foreign currency
a) JPY
b) GBP
c) Indonesian Rupiah
d) Kenyan Shilling

Answer - GBP

9. My Brother gave me gift of USD 20000. In which type of following accounts it can be credited?
a) RFC
b) RFC (Domestic)
c) EEFC
d) NRE

Answer - RFC (Domestic)

10. RBI monitors overdue export bills-not realized within the stipulated time by calling for a half yearly statement from ADs referred to as
a) BEF
b) XOS c) GTE-1
d) ST-9

Answer - XOS

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