Union Bank of India PO Interview Questions

Can you provide me some sample questions for preparation of PO (Probationary Officer) Interview section for Union Bank of India as I have been selected in the written exam and now have to face Interview?

Some sample questions for preparation of PO (Probationary Officer) Interview section for Union Bank of India are as follows:

What is a Bank?
Why do you want to work in the Banking industry?
Why should I hire you?
Are you a team player?
Do you handle pressure well?
Do you have any location preferences?
Will you relocate?
Who is the Governor of RBI/chairman of SBI?
Who are the deputy governors of RBI?
What are the basics of Monetary policy?
What are the functions of RBI?
What are the important products or schemes launched by various banks recently?
How is your professional knowledge going to be useful for the bank?
What is CBS?
CORE stands for?
What is 'Green Channel'?
NEFT/RTGS
IMPS
Any Ideas to improve Banking services…?
What is PO's?
What is Plastic currency?
What is an ATM?
What is a Debit card & a Credit card?
Different types of A/Cs and their features?
What is a fixed deposit? (min and max periods for the same)
TDR/STDR?
What is a gift card?
What is Dubai Crisis?
What is subprime crisis?
What is repo rate?
What is Reverse repo?
What is Bank rate?
What is SLR?
What is CRR?
What is Call money rate?
What is prime lending rate?
What is e-commerce?
What is m-commerce?
What is marketing?
What is an NPA?
SAFRAESI Act
What are NBFCs?
Online Banking?
Mobile Banking?
Tell us something about yourself
Why do you want to pursue Banking as a career?
What are your long term goals?
Why do you want to work with Public Sector Unit?
What are your strengths and weaknesses?
Have you ever applied to any other sector apart from banking?
Who are the major players in Banking industry and what differences do you see among them?
How do you see SBI vs Other Banks?
What is more important for you: salary, perks or career growth opportunities?
Economy related Questions
What do you mean by FDI?
What do you mean by FII?
What do you mean by GDR?
What is economic crisis?
What do you mean by Recession and Depression?
What is the difference between expenditure and investment?
What is Deflation and Deflationary spiral?
What is a balanced budget?
What is Black Market?
What is Black Money?
What is Direct Tax?
What is Indirect Tax?
What is VAT?
What is excise duty?
What is the Central Sales Tax and what is its present rate in India?
Be prepared to face questions on topics related to current affairs, mainly related to what has happened in last - months!! Keep yourself abreast with latest happenings, go through online newspapers, listed to different debates at television and discuss with your friends to develop a good perspective on all the latest topics
Explain Planning Commission and its functions
Explain Finance Commission and its functions
What do you know about Reserve Bank of India? List its major functions
Tell one strength on the basis of which we should select you?
Are you willing to travel or relocate?
What will you do if asked to take a bribe by a bank customer?
What is the most significant achievement of your life? What have you learnt from it?
Give an example to showcase your ability to maintain work life balance without affecting your performance at work

__________________
Answered By StudyChaCha Member