📝 One-liners · 66 cards

Memory recalled questions

What is the minimum CIBIL score generally required for a bank employee to be considered for promotion to Scale II?
While there is no universal statutory minimum, most banks internally require a credit score above 700 and no default history for employees seeking promotion, as personal financial discipline is assessed during promotion review.
What is the minimum percentage of marks required in the promotion written test for SC/ST candidates in most public sector banks?
SC/ST candidates need 5% relaxation below the cut-off marks.
Which authority is responsible for framing promotion policies for officers in public sector banks?
The Board of Directors of each public sector bank frames the promotion policy, subject to guidelines issued by the Department of Financial Services (DFS) under the Ministry of Finance and IBA norms.
What is the full form of AIBEA in the context of bank unions?
All India Bank Employees Association.
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