The question which are asked in the interview round for the recruitment at United Bank of India which relates to general knowledge related to banking Industry

1. Which of the following public sector banks has the largest number of branches in foreign countries?

Bank of India
Bank of Baroda
Punjab National Bank
Corporation Bank


2. The only merger of two public sector banks took place between -

Bank of India and New Bank of India
Punjab National Bank and New Bank of India
Allahabad Bank and United Bank of India
Punjab National Bank and Bank of Rajasthan


3. Which of the following banks was inaugurated by Mahatma Gandhi in 1919?

Bank of Maharashtra
Bank of Baroda
State Bank of Saurashtra
Union Bank of India


4. After State Bank of India, which of the following banks has the largest number of offices?

Punjab National Bank
Bank of India
Andhra Bank
Canara Bank


5. Which of the following rates are reviewed by the RBI at the time of periodical review of the policy?

Bank rate
Repo rate
Savings bank rate
Only 1
Only 2
Both 1 and 2
All the three



6. What are teaser loan rates charged by banks?

Rate of interest which is competitively changed in relation to other banks
Floating rate of interest charged by banks
Low rate of interest in the initial period which goes up subsequently
Higher rate of interest in the initial period which goes down subsequently


7. Which of the following terms is used in banking field?

Interest rate swap
Input devices
Sedimentary
Zero Hour


8. Expand the term EMI as used in banking/finance sector?

Easy Monthly Instalment
Equal Monthly Investment
Equated Monthly Instalment
Equated Mortgage Investment


9. Bank rate is decided by which of the following?

Reserve Bank of India
Government Of India
State Bank of India
Securities and Exchange Board of India


10. With which of following types of loans are teaser rates related?

Home loans
Personal loans
Auto loans
Reverse mortgage loans


11. What does M in M-Banking Facility being offered by banks to their customers, stand for?

Money
Marginal
Message
Mobile Phone


12. Which of the following is/are true about the Sub-Prime Crisis?

It is a mortgage crisis referring to credit default by the borrowers.
Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers.
This crisis originated because of negligence in credit rating of the borrowers.
Only 1
Only 2
Only 3
All 1, 2, and 3

13. Which of the following is the apex institution which handles refinance for agriculture and rural development in India?

RBI
SIDBI
NABARD
SEBI


14. In which denomination were India's first bimetallic coins issued in the year 2009?

Rs. 100
Rs. 5
Rs. 10
Re. 1


15. Which of the following is not the function of the Reserve Bank of India ?

Acting as banker to the Government
Keeping of Foreign Exchange Reserve
Issuing of one rupee notes and coins
Regulating credit in the country


16. With which of the following is SARFAESI Act 2002 related?

Recovery of bad loans
Regulation of Foreign Exchange
Fixation of interest rates
Acquisition of small banks