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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-6

  • question_answer
    As per the latest Bipartite Settlement, the salary of the bank employees, mostly from the public sector will get a 15 per cent wage hike and two additional holidays a month as part of an industry -wide wage settlement. This is the _____Bipartite settlement,

    A)  Eighth

    B)  Eleventh

    C)  Tenth

    D)  Ninth

    E)  Twelfth                  

    Correct Answer: C

    Solution :

     Bank employees, mostly from the public sector, will get a 15 per cent wage hike and two additional holidays a month as part of the 10th industry-wide wage settlement. The proposed hike in salaries will amount to a collective outgo of Rs. 4,725 crore per year for the 45 banks that are part of the 10th industry-wide bipartite five-year wage (2012- 2017) settlement exercise.


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