CAIIB · BFM

ONE LINER QUESTIONS

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Bank Financial Management — CAIIB.

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One-liners from this chapter

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Q

What is the primary objective of Asset-Liability Management (ALM) in banks?

A

ALM aims to manage the risk arising from mismatches between assets and liabilities in terms of maturity, interest rate, and currency, thereby protecting net interest income and economic value.

Q

What is the primary purpose of the Statutory Liquidity Ratio (SLR) maintained by Indian banks?

A

To ensure banks hold liquid assets as a safety buffer.

Q

What does the term 'Duration Gap' indicate in bank financial management?

A

Duration Gap measures the difference between the weighted average duration of assets and liabilities, indicating the bank's sensitivity of net worth to changes in interest rates.

Q

What is the Cash Reserve Ratio (CRR) and where must banks maintain it?

A

Minimum cash deposit banks must maintain with RBI.

Q

Which RBI committee laid the foundation for ALM guidelines for Indian banks?

A

The RBI's internal working group and the recommendations of the Narasimham Committee laid the foundation, with formal ALM guidelines issued by RBI in 1999 for banks in India.

Q

What is the meaning of 'Modified Duration' in bond portfolio management?

A

Price sensitivity of a bond to interest rate changes.

Q

What is Net Interest Margin (NIM) and why is it important for banks?

A

NIM is the difference between interest income earned and interest paid out, expressed as a percentage of average earning assets. It is a key profitability indicator reflecting the efficiency of a bank's core lending and borrowing operations.

Q

What is the difference between interest rate risk and reinvestment risk for banks?

A

Interest rate risk affects bond prices; reinvestment risk affects coupon income.

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