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Part: 001Tips for Interview for recruitment as officers in banks in IndiaInstructions to candidatesThe purpose of the interview:The purpose of any interview is to select one suitable person for the concerned post. The person to be interviewed may be having better qualifications; however, he may not be having the requisite potentials or caliber in handling the job offered namely; better communication ability, leadership quality, emotional strength and efficient interpersonal relationship. Banking demands people who are willing to work hard by mingling with customers freely and friendly apart from maintaining a cordial; ssocial and friendly relationship with their colleagues and superiors.Phases of the interview:The interview is conducted in four phases namely;·the first phase during the course of which questions are asked about the person and his specialization in any area;·the second phase wherein questions are asked about the bank for which the interview is conducted;·the third phase wherein questions are asked about general banking, economy, finance and latest developments are asked and·the fourth phase is the final round for the interview.The interview committee:The interview committee consists of three to five imminent personalities who are well versed in banking matters and normally the services of executives or retired executives of various public sector banks are utilized for the purpose of conducting the interview. The following system is adopted by the committee members during the course of interview process:·While one member poses questions to the candidate, the other two members analyze the body language of the individual as to how he reacts to the questions and especially in respect of difficult questions;·They also review as to how the candidate comes forward to present the answers in a crisp manner thereby providing the relevant points expected by the committee members.·Basing upon the answering ability, communication ability, level of confidence, willingness to accept challenges etc., the committee members select the individuals by awarding better grades.·When the candidate is found to be inattentive on account of low level of self confidence, the committee members pose provoking questions so that the candidate is emotionally provoked to come forward with appropriate answers.The interview process:The interview process consists of the following stages:·Verification of the certificates namely; qualification certificates, experience certificates, certificates relating to extracurricular activities etc., by the team members and filling up of the requisite formats by the candidates;·Candidates waiting at the reception hall for their turn;·Candidate entering the interview room duly seeking permission of the team members;·Candidate thanking the interview members for permitting him/her inside the cabin;·Candidate sitting on the seat once offered by one/more members in the interview committee;·Candidate thanking the person who had offered the seat;·Candidate shaking his hands with the members, if offered;·Candidate eagerly awaiting for the questions from the members;·Candidate trying to attend the interview with full concentration maintaining regular eye contact with the interviewers;·Candidate answering the questions posed by the members till the entire process is treated as completed;·Candidate collects all certificates and documents once the interview is treated as completed;·Candidate thanks the committee members and·Candidate politely raises from the chair, walks towards the entrance, opens the door and gently closes the door;·Candidate meets other candidates awaiting at the reception hall cheerfully.Dress code:·Dress code is more important and a person is judged by the dress he wears. Dress makes half man.·For men: Please wear a neat trouser and one full length shirt – preferably white or light shaded; Usage of “T” shirts greatly dampens the image of the candidate and the purpose of using any ‘T” shirt is to have better comfort during the course of walking, relaxing, jogging, running, partying and relaxing. As such “T” shirts are not considered to be a fit wear during professional meetings including interviews. The candidate has to wear a good quality shoes neatly polished. If possible he can wear a “tie” and this is purely optional and certain organizations pay more attention to the personality which gets improved by way of better dressing.·For girls: Under any circumstances girls should not wear provoking dresses namely; “T” shirts, jeans pants, trousers, half gowns and shirts with messages and blouses with low cuts. A neat chudithar is considered to be the best option and wearing of sarees improves the image of the individual.A.Questions during the first phase:·Initially the candidates are invited to tell about themselves, their family members, their ambitions, their qualifications, their achievements in studies, sports, music and any other extracurricular activities;·The second question is about the place to which the candidate belongs. In case the candidate belongs to Chennai, he will be asked to tell about Chennai and the importance of the place. Necessarily the candidate should have a thorough knowledge about the place from which he is hailing;·The interviewers will pose “ice breaking questions” in order to shift the focus of the candidate. This is for the purpose of finding out the reaction of the candidate during such “focus change”. (Banks demand people who are able to face any challenges);·During the first two to three minutes, more than 80 percent of the questions will be on the personal details and basic information about the candidate. It has to be remembered that – “The first impression is the best impression” and accordingly the candidate has to behave politely, calmly, courageously and confidently.Sample questions during the first phase:·01. My dear friend, now tell us about yourself: The candidate has to inform in a crisp manner about himself, his family, his qualifications, achievements if any etc. Unnecessary details should be avoided altogether and the candidates at no cost should provide information to the committee members with an intention to derive sympathy from the committee members. Such an attitude will prompt the members either to reject or award poor marks.·02. I see – you are from Chennai – please tell me about Chennai: Since the candidate belongs to Chennai, he is invited to tell about Chennai and he should have pre-hand information about Chennai and should come forward to tell about important places in Chennai namely; Marina beach, High Court, Kabaleeswarar Temple, Metro train facilities, Santhome church, International airport, Asia’s biggest bus station at Koyembedu and many more.·03. I find that you had studied in Presidency college. Why you preferred this college ?. How was your life in the college? The candidate has to tell about the college; the achievements of the college in academic scenario as well as in sports and in other areas;·04. I find that you had studied “EEE” - why you had chosen the course? The candidate has to tell about the purpose and the potential available for the students who had opted to pursue EEE course.·05. You are in Chennai for a long period. What is your opinion about Chennai?·06. You are having “EEE” in engineering and why you are willing to get employed in banks? (Your reply should be – In fact by working in a bank, I can develop my relationship with customers, improve my knowledge and provide better service to as many people as possible. I find that I can have more career prospects by getting employed in the banks)·07. What are your strengths and weaknesses? – Your answer should be: I am always willing to work hard under all circumstances and since I have a good communication ability, I hope that I can surely develop friendship with my colleagues, clients and others in a fast manner so that I can contribute better to the society.·08. You are a highly qualified person having one MBA degree apart from a degree in Engineering. What is the guarantee that you will be in the bank for quite a long time without shifting your attention to some other employment potential after some time ?: Your reply should not be: On account of unemployment problem, I am joining the bank; Your reply should be – even though I have better qualifications, I wish to work in the banking industry because I can have better opportunities to serve for the welfare of the society by working in the bank than any other organisations.Responsibilities of the candidates appearing for the interview:The candidate should do a home work and he should always depend upon his positive straits namely; his strength, achievements and abilities and necessarily he should believe in himself that he can accept and do the job in a better manner and he should altogether avoid any negative reply or angry reply under any circumstances; even when provoked or tempted by the interview board members and the candidate should remain calm and wear a broad smile during the entire interview process.A smile has the power to keep the individual in better spirits at all times.The following question may provoke the candidate –·Dear friend, considering your personality, I find that you look like a film actor. How do you feel yourself ?(You had not at all expected this question and you are tempted to provide an apt reply to them: Your reply should be– In fact I am fond of wearing a neat dress and I take care of my health by doing physical exercises regularly apart from eating moderate food and getting into the bed at the appropriate time. I always believe in the following proverb – “Health is wealth”. An individual may not be in a position to discharge his duties properly without adequate health.B.Second phase of the interview process:During this phase, questions will be asked about the bank for which the candidate is appearing for the interview and the following are some sample questions in case the candidate is appearing for a post in Punjab National Bank:·Do you know – where is the head office of Punjab National Bank?·Who is the present chairman of the bank?·How many branches are there in Punjab National Bank as on date?·Can you tell me about the total business of the bank?·Can you tell me about some deposit schemes available in the bank?·What do you know about the logo of Punjab National Bank?·What is the punchline of Punjab National Bank?·What is the position of Punjab National Bank among the nationalized banks as on date?(It is the responsibility of the candidate to collect the basic information about the bank for which he is appearing for the interview by visiting the website of the bank and referring other material sources in order to get the required information about the bank namely; the headquarters, number of branches, total business, profit position, important schemes, tie up with another banks, achievements of the bank, if any; the present position and ranking of the bank in terms of business, profitability, non performing assets, productivity of the employee etc., In case the candidate is appearing for a group of banks, he should have information in general about all the banks in the group)C.Third phase of the interview:During this phase, questions will be asked on general banking practices as mentioned below:The following are the questions regarding the banks in general:·Have you visited any bank branch? What was your experience?·What is the business of any bank?·What are the essential/primary functions of any bank?·What are the secondary functions of any bank?·Who can open a savings bank account?·What do you know by KYC guidelines?·Why banks insist customers in adhering to KYC guidelines?·What is the difference between Current deposit account and Savings deposit account?·What do you mean by CASA account?·Who normally opens a current account?·What do you know by a fixed deposit account?·Can a company open a savings account?·Can the director of a company open a savings account?·Who is the controlling authority for the banks in India?·What is a foreign bank?·What is meant by a public sector bank?·Which is the largest private sector bank in the country?·Which is the largest bank in the country?·You are working as an officer in savings department. The customer complains about the irritating behavior of the clerk who is working under your supervision. What will you do in this situation?·Your manager delegates some work and you are failing in doing the work within the allotted time and your manager is not happy with your performance. How will you convince your manager?·Today there is some news about annual credit policy. What do you know by that?·What do you know by reverse repo rate?·What is called as inflation?·What is rupee convertibility?·What do you know by gross domestic product?·What do you know by ASBA?·What do you know by Sensex?·What do you know by a convertible debenture?·What is an initial public offer?·What do you know by facebook – whether it is good or bad for any individual and what is your opinion?·What are the advantages and disadvantages of Whatsapp?(The above questions are illustrative and not exhaustive and the candidate should know fairly well about many banking as well as general aspects)D.The fourth phase of the interview:Like the initial phase or first phase, this fourth phase is also important wherein tricky questions will be asked as mentioned below:·You are hailing from Coimbatore. In case you are posted to Chennai whether you will be willing to work at Chennai. (Your answer: If I am posted at Coimbatore, I shall try my level best to bring more business to the bank since I know the place and people well and I can take care of family members who are dependent on me)·Suddenly on account of computer crash, you have to sit late – whether you will be willing to sit late and finish the job or leave early without informing your superiors? (Definitely I will never mind in sitting late and I shall always cooperate with my superiors in finishing the day to day functions of the branch. I am one among the team members and I have the responsibility to cooperate with other members during critical situations)·What information are you willing to tell about yourself? (If I am selected, I shall work hard and I shall discharge my duties to the entire satisfaction of my superiors. I shall always do the best from my side)Part: 002Selected Interview QuestiomsCandidate: 00101.Why you are willing to join in a bank?02.What do you mean by appraisal of gold loans?03.What are the different kinds of term deposits available in a commercial bank?04.What is the minimum period for which a fixed deposit is accepted and the maximum period for which a fixed deposit is accepted?05.Whether a fixed deposit can be accepted for a period more than ten years?06.What do you mean by FERA?07.What do you mean by ECS?08.What is the minimum amount that can be sent through RTGS?09.What is the maximum amount that can be remitted through NEFT?10.What is the maximum amount that can be sent abroad by any resident individual?11.What is the name of apex bank which is responsible for the development of agriculture in the country?12.What are the different kinds of schemes available in our country aiming towards poverty alleviation?13.What do you mean by crossing of any cheque?14.What are the different kinds of crossing?15.What do you mean by CASA?16.Whose signature is available in Rs. 100/- currency note?17.What do you know by dividend?18.Bank holidays are declared according to which act?19.Banks are functioning according to which act?20.RBI is functioning in the country as per which act?Candidate: 00201.What do you mean by a guarantee?02.What are the different types of guarantees?03.What do you mean by letter of credit?04.What do you know by packing credit advance?05.What do you mean by special crossing?06.What do you know by IFSC code ?07.Which is called as mother of deposits?08.Who is a called as natural guardian?09.Whether grandfathers and grandmothers can be natural guardians?10.Which type of credit facility is available to a farmer for raising crops?11.What do you mean by NULM?12.What do you mean by Gram Sadak Yojana?13.What are the salient features of MGNREGA?14.Which authority is supervising the functions of insurance companies?15.What is meant by IPO?16.What is meant by ASBA?17.What is meant by Performance guarantee issued by any commercial bank?18.What do you mean by packing credit facility issued by any commercial bank?19.What do you mean by notice money?20.Treasury bills are issued by which authority and what are the different kinds of treasury bills available in the country?Candidate: 00301.What do you know by PIN number?02.What do you know by PAN number?03.What do you mean by ASBA account?04.What are the functions of DICGC?05.What is the role played by ECGC?06.Mention the Regional Rural Banks which are functioning in Tamilnadu?07.What do you mean by Mergers and what are the different kinds of mergers?08.What do you mean by horizontal merger and reverse merger?09.Which are the top two private sector banks in our country?10.Whether housing loan is a priority sector advance and if so, upto what amount?11.Whether educational loan is a priority sector advance?12.What do you mean by micro small and medium enterprises?13.What do you mean by KYC and name any two important documents which are obtained as per KYC?14.What is the present repo rate and reverse repo rate?15.In the case of MICR code, the middle three digits represent what?16.PAN number consists of how many alpha characters?17.What do you know by biometric automated teller machines?18.What is the criteria by which a bank is considered as largest bank?19.What do you mean by commercial paper?20.What do you mean by FCNR?Candidate: 00401.What do you mean by money laundering?02.What do you mean by subprime lending?03.What is meant by LPG and who is responsible for introduction of LPG strategy in our country?04.What do you mean by PURA?05.What do you know by current ratio?06.At present how many regional rural banks are functioning in our country?07.What do you know by MICR?08.When it comes to rural lending, which are all considered to be priority sector advances?09.Who is called as an authorized dealer?10.When a loan is considered for a cobbler, the loan is granted under which category?11.Name any three security features available in any currency note?12.What is the latest private sector bank in our country?13.What do you mean by small bank and payment bank?14.What are the differences between NEFT and RTGS?15.Who is deciding the rate of interest for savings deposit accounts?16.Who cannot open savings deposit accounts?17.What is meant by memorandum of association?18.What is known as power of attorney?19.In which currencies FCNR accounts can be opened in our country?20.What are the differences between NRE and FCNR?Candidate: 00501.What do you mean by IPO?02.What do you mean by secondary market in our country?03.What do you mean by fund based limits and non fund based limits?04.What do you mean by off balance sheet items?05.What are the advantages and disadvantages of CASA?06.What are the benefits available for any bank by means of CASA?07.What do you mean overdraft facility granted by a bank?08.What do you mean by collateral security?09.In regard to educating a customer, what are the different kinds of information boards displayed in a bank branch?10.Who is the present RBI Governor?11.What do you mean by unclaimed deposits?12.How many regional centres are available for RBI in the country?13.From which date present RBI Governor is functioning and from whom he took charge as RBI Governor?14.What are the advantages of CTS?15.Certificate of deposit is issued by whom?16.RBI is called by which names – mention four names?17.What are the traditional functions of RBI?18.Who is banking ombudsman and by whom he is appointed?19.What is the time limit available for sending a complaint to banking ombudsman?20.Where is the headquarters of State Bank of India?Candidate: 00601.Why commercial banks are more particular about demand deposits?02.What do you mean by CRR?03.Where do commercial banks keep the excess cash?04.What is the function of any currency chest?05.Which are called as financial intermediaries?06.What do you know by FEMA?07.What do you mean by tag line for any bank and why banks are particular about taglines?08.Who is the first Governor of RBI?09.Who was the first Governor of RBI represented by an Indian National?10.What do you mean by PAN and who issues a PAN card?11.What do you mean by POS?12.What is the shareholding pattern by Government of India, State Government and Sponsor bank in the case of RRBs?13.What do you mean by greenshoe option?14.What is meant by doubtful assets?15.What is meant by prime security?16.New Bank of India merged with which bank in the country?17.Who has presented the theory regarding PURA?18.In the case of MGNREGA, how many days’ work has to be allotted as at present?19.What is the rate of interest charged in the case of DRI loans?20.Commercial banks have to lend how much percentage of loans under priority sector category?Candidate: 00701.What do you mean by capital market?02.Which kinds of securities are available through capital market?03.Which is the biggest stock exchange in our country?04.What do you mean by SENSEX?05.What do you mean by market capitalization?06.Tell the name of the private sector bank which was opened during this year?07.What do you mean by LIBOR?08.What do you mean by Pay in slip?09.What do you mean by withdrawal slip?10.Can you tell the name of football legend who visited India recently?11.Who is the present world chess champion?12.What do mean by nomination facility available in the banks?13.Whether nomination facility available is for loan accounts?14.What do you mean by CTS?15.What is the difference between a commercial bank and a development bank?16.What do you mean by letter of credit issued by banks?17.What do you mean by usance bill?18.A customer who has availed overdraft facility from the bank is found to utilize the amount for acquiring long term assets and what do you mean by it?19.What are the different types of loan facilities available from a commercial bank?20.What do you know by atal pension yojana?Candidate: 00801.What do you mean by garnishee order ?02.What do you mean by ITA order and on whom such order is issued?03.Under what circumstances, a bank need not honour garnishee order and ITA order?04.What are the different kinds of services available through automated teller machines?05.What is the safety measure available in automated teller machine?06.What is the maximum number of operations that are permitted for automated teller machines?07.What are the different kinds of electronic funds transfer facilities available in commercial bank nowadays?08.In the case of a cheque who is called as payee?09.What do you mean by open cheque and crossed cheque?10.What do you mean by EEFC account?11.What is known as POS?12.What do you mean by factoring?13.What do you mean by PAN number and TAN number?14.What do you mean by red label automated teller machine?15.What are the different kinds of guarantees available from a bank?16.What is meant by off balance sheet items?17.What is known by current ratio?18.Whether a deposit can be opened in the name of a blind person and what is the procedure?19.What is meant by bill of lading?20.Name any two instruments are considered as semi negotiable instruments?Candidate: 00901.Who can open Non resident external account?02.What do you know by Non resident ordinary account?03.What are the advantages and disadvantages in opening Non Resident Ordinary account?04.What are the different kinds of deposits which can be opened by a Non resident Indian?05.What is the maximum insurance claim settled by DICGC in the case of deposit accounts in case of insolvency of a bank?06.What do you mean by arbitrage?07.What do you mean by arbitrator?08.What is known as MSF?09.What is the difference between bank rate, MSF and Repo rate?10.What are the different kinds of tools employed by RBI in order to control liquidity adjustment facility in our country?11.What do you know by pay in slip and withdrawal slip which are used in banks?12.Who is known as proprietor?13.What do you mean by RKBY scheme?14.What do you know by SJSRY scheme?15.What do you mean by base rate?16.Who is an executor and who is an administrator?17.What do you mean by financial inclusion?18.When interest paid in savings deposit account is taxable?19.What is the minimum and maximum period for which one FCNR deposit is opened?20.Who can open EEFC account?Candidate: 01001.What do you know by conversion?02.What is called as material alteration?03.What do you know by CSR?04.Name any three negotiable instruments which are widely used in banks?05.What is NIFTY and on which basis, it is calculated?06.What do you know by above par, at par and below par?07.What are the loan facilities available for a transport operator?08.What do you know by SLR and what is the present SLR?09.What is the capital requirement in case of newly opened private sector bank?10.What do you mean by intangible asset?11.How many members are there in RBI board?12.RBI board consists of how many Governors, deputy governors and directors?13.Whether a minor can open an account with a commercial bank?14.What is the minimum age limit for a minor for opening a bank account?15.What is known by partnership firm?16.What are the different kinds of crop loans provided to farmers in the country?17.What do you mean by merchant banking?18.What do you know by debt recovery agent?19.What is Lok adalat?20.What do you know by break even point?Candidate: 01101.What is meant by round revolution?02.What is meant by pink revolution?03.What do you know by deferred payment guarantee?04.Name the different kinds of risks faced by any commercial bank ?05.Who is called as an arbitrator?06.What do you know by banking ombudsman?07.What is meant by black money?08.What do you mean by money laundering?09.What is the purpose of special crossing?10.When there is a claim by legal heirs and nominee in regard to a particular deposit when the depositor dies, to whom the bank has to pay the amount ?11.In the case of payment of deposit money to the nominee, who can prohibit the bank in settling such claims?12.What do you mean by BSBDA account and what is the present name for BSBDA account?13.What do you know by Jeevan Jyothi Bima Yojana?14.Vehicle insurance facilities are provided by which public sector insurance companies in our country?15.What do you mean by horticulture?16.What is meant by mortgage and hypothecation?17.For which kinds of banking services nomination facility is available?18.What are the different kinds of capital?19.What do you know by articles of association?20.The certificate of incorporation and certificate of commencement of business are registered with whom?Candidate: 01201.What do you mean by call money, notice money and term money?02.What is meant by layer farming?03.What is known as sericulture?04.What do you know by SHG?05.What do you know by micro credit?06.What do you know by DIR scheme?07.What do you mean by FIR?08.What is known as CAMELS?09.What do you mean by tier I capital as per BASEL-II accord?10.What do you mean by bills discounting facility provided by any bank?11.What are the differences between overdraft facility and term loan facility provided by banks to their customers?12.Who is the topmost authority in any bank?13.The topmost authority in any bank is appointed by whom?14.What do you know by JAIIB and CAIIB?15.What is the term meant for honeybee rearing?16.What do you know by SARFAESI act?17.How many banks were nationalized during the first stage?18.What do you mean by a public sector bank?19.What do you mean by a nationalized bank?20.What is the different between nationalized bank and public sector bank?Part: 003A mock interview(This is one imaginary interview session conducted with Mr. Ashwin for the purpose of guiding the candidates)Mr. Ashwin is an engineering graduate and he had completed his graduation from an engineering college situated at Chennai. Even though he wanted to get an employment in prominent companies, he could not get the job and on getting the information that banks are providing employment opportunities on large scale to all graduates in the country, he applied for IBPS officers’ examination and came out successful in the common written examination.He was informed about the interview process in the regional office of one prominent bank in Chennai and in order to avoid any tension and nervousness he came to the interview hall half an hour earlier to his scheduled timing.He started reading the day’s news paper and started relaxing himself so that he can answer the questions posed by the committee members calmly and confidently.Now he is called by the attending staff to enter into the interview room.Mr. Ashwin neatly dressed in white shirt with full sleeves wearing a dark colored pant walks inside the cabin after closing the door gently.-May I come in Sir?-Yes – Please come in and be seated.-Thank you sirsMr. Ashwin sits on the chair provided to him and looks at the members for their questions-Mr. Ashwin, which place do you belong?-Sir, I am from Chennai-What about your father?-My father is working as an accountant in a private firm.-How many members are there in your family?-Myself, my elder sister since married; my younger sister studying in a College; my younger brother working in a private firm and my father and my mother-I find that you are an engineering graduate and why you are willing to join in a bank?-I find that career growth is found to be better in banks nowadays. Apart from the above, I can serve people more while working in a bank.-(The details namely; better salary, job security, comfortable working hours etc., are to be kept in mind and under no circumstances to be disclosed to the interview committee)-Can you tell me about Chennai?-Chennai is one among the four metropolitan cities of our country. It is fast growing. Chennai is famous for automobile production and health care. There are many reputed hospitals and a large number of automobile manufacturers in the city. Apart from the above in the case of information technology, Chennai ranks number two next to Bangalore and there is a lot of scope for people who are willing to work in IT industries. The population is around 70 lakhs and by areawise, Chennai is the largest among all cities in the country. Marina beach is world’s second largest beach.-Can you tell me about Repo rate?-Commercial banks can borrow funds from RBI against government securities at Repo rate and there is an implied condition that the banks will repurchase the government securities after clearing the loans. The present repo rate is 6.25%-What is the difference between bank rate and repo rate?-When the commercial banks borrow funds from RBI against discounting bills they have to pay interest at bank rate and presently the bank rate is 7.25%. Normally Repo loans are given towards meeting short term requirements and loans at bank rate are provided towards meeting long term requirements-What do you mean by non resident Indian?-Non Resident Indian is Indian national who has gone abroad for the purpose of business, studies or employment and stayed there for more than 182 days-What do you mean by Persons of Indian Origin?-Persons of Indian Origin are people whose forefathers are/were non resident Indians at any point of time. In other words PIOs are the sons/daughters/grandsons/granddaughters of Non resident Indians who had already settled in the foreign countries and PIOs are the citizens of those countries and not of India.-What do you mean by CBS?-CBS means Core Banking Solutions. Nowadays, the entire banking functions are carried out through computers in banks and branches of all banks are connected through common network and transactions can be done from one branch of one bank with another branch of another bank comfortably using internet banking or mobile banking.-What do you mean by Moratorium?-It is the repayment holiday permitted for repayment in the case of term loans. Normally organizations generate income after some period from the date of installation of the machineries and other inventories and they may not be able to generate sufficient income towards payment of instalments due to the bank and in this connection banks permit some cushion time called as repayment holiday or moratorium. The repayment holiday may be for three months, six months or nine months depending upon the nature and size of the industry. On completion of the moratorium period, the organizations start repaying the loans.-What do you mean by EMI?-EMI means equated monthly instalments. It consists of repayment of both principal and interest payable either at monthly or quarterly intervals. Normally EMI is permitted in the case of loans like housing loans, personal loans, white goods loans etc., where the borrowers have regular income like salaries or any other remuneration.-OK Ashwin, I find that you are highly qualified having M.E. in civil engineering and MBA. Whether you will continue in the bank?-Definitely sir. I am informed that a person who joins as a clerk or an officer in any bank can get promotion upto General Manager level by the time he retires from his services and I hope that I can utilize the knowledge acquired by me while discharging my duties in the bank and I shall definitely aspire for promotions in case if I am selected in the bank.-OK. Ashwin – thank you:-Thank you sirs for your nice company.Ashwin gets up from his chair gently, moves towards the door, opens the door slowly and after getting out of the room closes the door gently.(The interview with Mr. Ashwin is treated as completed.)

Q. Were there any U.S. soldiers who claimed their children that they had with Vietnamese women in the Vietnam War? What happened to the ones that were left behind?A. Multiple articles regarding Amerasians treatment after the war, what led to the American Homecoming Act of 1987, and a look back 25 years later.40 years after the Vietnam war ended, the children of U.S. soldiers are looking for their dads.Legacies of warForty years after the fall of Saigon, soldiers’ children are still left behindPhotos by Linda DavidsonStories by Annie Gowen, Published: April 17, 2015Vo Huu Nhan was in his vegetable boat in the floating markets of the Mekong Delta when his phone rang. The caller from the United States had stunning news — a DNA database had linked him with a Vietnam vet believed to be his father.Nhan, 46, had known his father was an American soldier named Bob, but little else.“I was crying,” Nhan recalled recently. “I had lost my father for 40 years, and now I finally had gotten together with him.”But the journey toward their reconciliation has not been easy. News of the positive DNA test set in motion a chain of events involving two families 8,700 miles apart that is still unfolding and has been complicated by the illness of the veteran, Robert Thedford Jr., a retired deputy sheriff in Texas.When the last U.S. military personnel fled Saigon on April 29 and 30, 1975, they left behind a country scarred by war, a people uncertain about their future and thousands of their own children. These children — some half-black, some half-white — came from liaisons with bar girls, “hooch” maids, laundry workers and the laborers who filled sandbags that protected American bases.They are approaching middle age with stories as complicated as the two countries that gave them life. Growing up with the face of the enemy, they were spat on, ridiculed, beaten. They were abandoned, given away to relatives or sold as cheap labor. The families that kept them often had to hide them or shear off their telltale blond or curly locks. Some were sent to reeducation or work camps, or ended up homeless and living on the streets.They were called “bui doi,” which means “the dust of life.”Forty years later, hundreds remain in Vietnam, too poor or without proof to qualify for the program created by the Amerasian Homecoming Act of 1987 that resettles the children of American soldiers in the United States.Now, an Amerasian group has launched a last-chance effort to reunite fathers and children with a new DNA database on a family heritage Web site. Those left behind have scant information about their GI dads — papers and photographs were burned as the Communist regime took hold, and memories faded. So positive DNA tests are their only hope.New season, fresh hopesMotorcycles and scooters crowd the streets of Ho Chi Minh City, Vietnam. (Photo by Linda Davidson/The Washington Post)Ho Chi Minh City in spring. The apricot flower trees, symbol of the spring festival of Tet, are in bloom. A never-ending parade of motorbikes swirls around traffic circles. High-end stores such as Gucci sparkle near chain restaurants such as KFC. There’s scant evidence of the U.S. military presence, save for a rusting helicopter in the yard of a museum devoted to communist glory.But family secrets are buried like land mines.Trista Goldberg, 44, is a Pilates instructor from New Jersey, proud to call herself Amerasian, and founder of a group called Operation Reunite. She was adopted by a U.S. family in 1974 and found her birth mother in 2001. Two springs ago, she arrived at a house in Ho Chi Minh City where 80 people had gathered to provide DNA samples. She hopes to use potential matches to help make the case for about 400 whose applications for U.S. visas are pending further verification.“With a twist of fate, I could have been one of the ones who stayed back,” she said.Operation Reunite Returns Amerasians to VietnamMore than 3,000 Vietnamese orphans were evacuated from Vietnam in the chaotic final days of war. The lives of the rest changed with the Amerasian Homecoming Act of 1987, which allowed 21,000 Amerasians and more than 55,000 family members to settle in the United States.The “dust of life” suddenly became “gold children.” Rich Vietnamese paid to buy Amerasians, only to abandon them once they arrived in the United States, according to the former U.S. Marine and child psychiatrist Robert S. McKelvey, who wrote “The Dust of Life: America’s Children Abandoned in Vietnam.”In part because of such fraud, the United States tightened its screening procedures, and the number of immigrant visas issued dropped dramatically. Only 13 were issued last year.Nhan had traveled from his home in An Giang for Goldberg’s DNA collection session. He is a quiet man, a father of five with a third-grade education, a wide smile and ears that stick out slightly.His mother had told him he was the son of a soldier when he was about 10.“Why do kids tease me all the time? I get so upset, sometimes I want to hit them, ” Nhan recalled saying. “She paused for a while and told me I was a mixed kid. She looked sad, but my grandparents said they loved me the same. It didn’t matter.”After Nhan and the others gave DNA samples, they settled back to see whether this new technology would give them a chance at the old American dream.Making contactTop: Vo Huu Nhan, an Amerasian born to a Vietnamese mother and an American G.I. (Photo by Linda Davidson/The Washington Post)Bottom: Old photos of Bob Thedford as an officer in the Army during the late '60s. (Photo courtesy Vo Huu Nhan)In the fall, Bob Thedford’s wife, Louise, a genealogy buff, logged on to her account with Family Tree DNA, which is cooperating with Goldberg’s effort, and saw a surprising result. It was new information for her husband, a father-son link. The son was Nhan.Louise had long suspected that her husband might have had a child from his days as a military police officer in Vietnam in the late 1960s. She had found a picture of a Vietnamese woman tucked inside his wallet shortly after they wed.The news was more of a shock to their daughter, Amanda Hazel, 35, a paralegal from Fort Worth.“To be honest, the first thing I thought was, ‘Are you sure this isn’t a scam?’ ” Hazel recalled.But pictures of Nhan arrived a short time later. He was the image of his late grandfather, Robert Thedford Sr., a Navy veteran who had fought in World War II. “You look so much like your grandfather PawPaw Bob,” Bob told his son.Thedford, a strapping Tarrant County deputy sheriff known as “Red” for his auburn hair, had met Nhan’s mother while he was at Qui Nhon Air Base. His memories of her are hazy, and his family said he rarely spoke of the war.“He would never sit down and lament on it,” his stepson, John Gaines, recalled. “When I asked him, ‘Did you ever shoot someone?’ he said, ‘Yes, but you have to understand there are reasons behind that, and it’s part of war. I’m not going to sit here and explain to you what that’s like.’”As Thedford was teaching Hazel to swim and ride a bike in suburban Texas, Nhan was growing up on his grandparents’ pig farm, swimming in the river and getting caught stealing mangoes. The disparity in their lives was not lost on Thedford.“He just kept saying, ‘I didn’t know,’ ” Gaines said. “ ‘I didn’t know how to be there, or I would have been there. All I can tell you is I was surprised, and I hate finding out 45 years later.’ ”Tentative contacts followed, although Nhan speaks no English and does not have a computer. E-mails were exchanged through intermediaries, packages followed. Nhan sent sandals he had made and conical paddy hats; the Thedfords sent Nhan a $50 bill and Texas Rangers gear. “Is there anything you need?” Robert Thedford kept asking.Then there was the emotional first Skype call, when both men cried seeing each other for the first time.“He looked like me,” Nhan said after. “I felt like I connected with him right away.”But last August, Thedford, 67, who had previously been treated for skin cancer, fell ill again. The cancer had spread, and he had a series of operations, the most recent on April 3. As the Texas family rallied to care for him, Vietnam receded.‘My son in Vietnam’Dang Thi Kim Ngan, right, interprets for Vo Huu Nhan, center, as he Skypes with his half-sister Amanda Hazel. (Photo by Linda Davidson/The Washington Post)Recently, Nhan Skyped with Hazel from a dusty computer in the back of a friend’s sewing supply shop in Ho Chi Minh City. She spoke from her living room, her dogs running about.Nhan asked how his father was doing.“He’s doing good. He can sit up in a chair now. They’re working with him,” Hazel said. “I feel bad not connecting sooner, but Mom and Dad think about you and talk about you all the time.” Thedford had been showing pictures of Nhan to the nurses in the hospital and saying, “This is my son in Vietnam.”Nhan submitted the results of his DNA match to the U.S. Consulate in Ho Chi Minh City in December 2013, asking for a reconsideration. But he has not heard back. A State Department spokesman said that privacy laws prevent discussion of any case.Hazel says that the family is all for helping Nhan immigrate to the United States, even as she knows that the transition would be difficult. “It’s going to totally throw him for a loop,” she said.But for now, theirs is a story without an end, the way the war itself is a wound that never completely healed. The story keeps spiraling forward, like the DNA double helix that brought them together.Nga Ly Hien Nguyen in Vietnam and Magda Jean-Louis and Julie Tate in Washington contributed to this report.Amerasians in Saigon 1985 & 1987 including Kim NguyenJim LauriePublished on Feb 1, 2016Amerasian children were a fixture on the streets of Saigon from 1980 to 1987. Most had a very hard time; no parents and they were regarded as outcasts in society. Finally by 1988-1990, the US and Vietnamese governments agreed to allow nearly all to settle in the United States. Under the American Homecoming Act of 1988, about 23,000 Amerasians and 67,000 of their relatives entered the United States. These are excerpts of video shot in 1985 and 1987.Vietnam: A Tale of 'Miss Saigon,' Two Kims, Children of Dust and More Than 30 Years (huffingtonpost.com)Vietnam Legacy: Finding G.I. Fathers, and Children Left Behind (2013)SALTILLO, Miss. — Soon after he departed Vietnam in 1970, Specialist James Copeland received a letter from his Vietnamese girlfriend. She was pregnant, she wrote, and he was the father.He re-enlisted, hoping to be sent back. But the Army was drawing down and kept him stateside. By the time Saigon fell to the North Vietnamese in 1975, he had lost touch with the woman. He got a job at a plastics factory in northern Mississippi and raised a family. But a hard question lingered: did she really have his child?“A lot of things we did in Vietnam I could put out of my mind,” said Mr. Copeland, 67. “But I couldn’t put that out.”In 2011, Mr. Copeland decided to find the answer, acknowledging what many other veterans have denied, kept secret or tried to forget: that they left children behind in Vietnam.Their stories are a forgotten legacy of a distant war. Yet for many veterans and their half-Vietnamese children, the need to find one another has become more urgent than ever. The veterans are hitting their mid-60s and early 70s, many of them retired or infirm and longing to salve the scars of an old war. And for many of the offspring, who have overcome at least some of the hurdles of immigration, the hunger to know their American roots has only grown stronger.“I need to know where I come from,” said Trinh Tran, 46, a real estate agent in Houston who has searched in vain for her G.I. father. “I always feel that without him, I don’t exist.”By some estimates, tens of thousands of American servicemen fathered children with Vietnamese women during that long war. Some of the children were a result of long-term relationships that would be unimaginable to the veterans of the wars in Iraq and Afghanistan, where interaction with local people was minimal. Others were born of one-night stands. But few of the fathers ever met their offspring, and fewer still brought them home to America.After the war, those children — known as Amerasians — endured harsh discrimination and abject poverty in Vietnam, viewed as ugly reminders of an invading army. Shamed by reports of their horrible living conditions, Congress enacted legislation in 1987 giving Amerasians special immigration status. Since then, more than 21,000, accompanied by more than 55,000 relatives, have moved to the United States under the program, and several thousand more have come under other immigration policies.Many arrived expecting to be reunited with their American fathers. But the United States government did not help in that cause, and only a tiny fraction — perhaps fewer than 5 percent — ever found them.So many Amerasians continue to search, typically working with little more than badly translated names, half-forgotten memories and faded photographs.And some veterans are doing the same, driven by heartache, or guilt, to find sons and daughters. “It’s like the mother who gives up their kid for adoption,” said George Pettitt of Wales Center, N.Y. “You just never stop thinking about it.”Mr. Pettitt, 63, enlisted in the Army after dropping out of high school and was in Vietnam by age 19. During his year there, he developed a relationship with a Vietnamese woman who did laundry for soldiers. Soon she was pregnant.“I was taking comfort in having a girlfriend like that,” he said. “I never meant for her to get pregnant.”He returned home to western New York, lost touch with the woman, got a job driving trucks and raised a family. But when he retired for health reasons in 2000, he found himself haunted by memories of the child he left behind — a boy, he believes. He paid a man to look in Vietnam, but the trail went cold. This year, a woman in Virginia called to say she thought her husband might be his son. But a DNA test was negative.“I was hoping this was it,” he said. “I just feel so guilty about all this.”Yet against the odds and despite the many years, children and fathers sometimes find each other.Cuong Luu was born in Vietnam, the child of an American soldier who met his mother when she cleaned his apartment. The soldier left Vietnam before Mr. Luu was born, and his mother lost contact with him. Soon after, she married an American who worked for the military. He moved the family to the Virgin Islands when Mr. Luu was a toddler.Mr. Luu inherited many of his father’s features, and in the black neighborhood of St. Thomas where he grew up, he was taunted for being white. His mother also shunned him, he said, perhaps ashamed of the hard memories he evoked.At the age of 9, he was in a home for delinquent boys. By 17, he was living on the street, selling marijuana and smoking crack. At 20, he was in prison for robbing a man at gunpoint. When he got out, his half sister took him to Baltimore, where he resumed selling drugs.PhotoJames Copeland and Tiffany Nguyen, his daughter, who was born after he left Vietnam. Credit Lance Murphey for The New York TimesBut then he had a daughter with a girlfriend, and something inside him changed. “I worried I would just go to jail and never see her,” he said of his daughter, Cara, who is 4.Long plagued by questions about his identity, he decided he needed to find his biological father to set his life straight. “I wanted to feel more whole,” said Mr. Luu, 41. “I just wanted to see him with my own two eyes.”The quest became an obsession. Mr. Luu spent every night on his computer, hunting unsuccessfully until he realized he had spelled the name wrong: it was Jack Magee, not McGee.He discovered references to a Jack Magee on a veterans’ Web site and, through Facebook, tracked down a man who had served in the same unit. “What do you want from Jack Magee?” the man asked. “I just want a father,” Mr. Luu replied. “Your dad wants to talk to you,” the man wrote back not long after.Mr. Luu had his DNA tested, and it was a match. In November, Mr. Magee, a retired teacher from Southern California, visited Mr. Luu on his birthday. An awkward relationship, full of possibility but not untouched by resentment and wariness, was born.Mr. Magee now calls his son weekly, checking to make sure he is still working in his job cleaning hospital rooms in Baltimore. He also shipped a used Toyota Corolla from California to Mr. Luu, who had been commuting by bus.“I was stunned he was out there,” Mr. Magee, 75, said in an interview.Now that he has found his father, Mr. Luu said, he feels stronger. But the discovery, he has realized, has not solved his problems. What can a former felon do to make a better living? Go to college? Start a business? Drug dealing remains a powerful temptation.“I just wish I had met him before,” Mr. Luu said. “He could have taught me things.” " Recover the past" , Vietnam vets last battle to find his amerasian childBrian Hjort, a Danish man who has helped Mr. Luu and other Vietnamese track down their fathers, says Amerasians often have unrealistically high expectations for reunions with fathers, hoping they will heal deep emotional wounds. But the veterans they meet are often infirm or struggling economically. Sometimes the relationships are emotionally unfulfilling.“I try to tell them: I can’t guarantee love,” Mr. Hjort said. “I can only try to find your father.”Mr. Hjort, 42, is among a small coterie of self-trained experts who have helped Amerasians track down fathers, mostly pro bono. An industrial painter from Copenhagen, he first met Amerasians while traveling through Vietnam and the Philippines two decades ago and was struck by their desperate poverty.One asked him to find a friend’s father, and to his amazement he tracked the man down even though he had no knowledge of military records. News of Mr. Hjort’s success traveled rapidly through Amerasian circles, and he was soon besieged with pleas for help. Moved by the Amerasians’ suffering, he took on more cases, charging only the cost of his trips to Vietnam. He created a Web site, fatherfounded.org, that brought more requests than he could handle.Working in his spare time, he has found scores of fathers, he estimates. Some had died, and many others hung up on him. A few have threatened to sue him. But perhaps two dozen have accepted their children. And in recent years, veterans, too, have begun asking for help. James Copeland was one.In 2011, Mr. Copeland, by then retired, began reading about Amerasians’ miserable lives in Vietnam. Appalled, he decided to search for his own child.He found Mr. Hjort and sent him money to visit Vietnam. Armed with a few names and a crude map, Mr. Hjort found the village where Mr. Copeland had been based and tracked down the brother of an Amerasian woman who was living in America and who Mr. Hjort believed was Mr. Copeland’s daughter.Mr. Hjort sent a photograph of the woman and her mother to Mr. Copeland, and his heart jumped: he instantly recognized the mother as his old girlfriend. His hands were shaking with excitement as he dialed the daughter’s number and asked: “Is this Tiffany Nguyen?”In the coming days, he visited her, her mother and her three brothers in Reading, Pa., where she runs a nail salon at the Walmart. Ms. Nguyen and her three children spent Thanksgiving 2011 with him in Mississippi. For a time, they talked nightly, and she told him about how her mother had protected her from abuse in Vietnam, about their struggles to adapt to the United States, about how she had studied older men at the Walmart, wondering if one of them was her father.“There were a lot of years to cover,” Mr. Copeland said. “I can sleep a lot better now.”But the reunion has also brought him unexpected heartache. His wife became furious when she discovered that he had a Vietnamese daughter, and she demanded that he not visit her. He refused: Ms. Nguyen is his only biological child. After 37 years of marriage, he and his wife are separated and considering divorce, he said. His wife did not respond to efforts to reach her for comment.Mr. Copeland now helps Mr. Hjort contact veterans they believe are fathers of Amerasians. In his patient drawl, Mr. Copeland calmly tells them his story and urges them to confront the possibility that they, like him, have Vietnamese children.But if they dodge his calls or hang up, he continues to leave messages — with children, with spouses, on answering machines. They need to know, he said.“Some people, they just want to move on and forget it,” he said. “I don’t see how they can do it. But there’s a lot of them that I’m sure that’s the case. They just want to forget.”Father searching for amerasian child 2012-13, 12 casesExploring Stories Behind the Amerasian Experience After the Vietnam War | PBS EducationSEPTEMBER 27, 2017Before beginning this project, I did not know very much about the Vietnam War. Events such as the Tet Offensive and Operation Babylift were events I had heard about, but my knowledge of the events was vague. Since my parents lived through the war as children and came to America as refugees, I have always wanted to learn more about the people and history behind the war. It was important to me to discover what my parents experienced.Vietnamese Amerasians were merely children during the post Vietnam War era. Their American servicemen fathers left Vietnam. Their Vietnamese mothers would often abandon them or send them to orphanages. They were discriminated against and abused due to their appearance. This treatment is only some of what they had to go through when while still living in Vietnam.A Second Chance in the U.S.Fortunately, Robert J. Mrazek, a U.S. Congressman, flew to Vietnam after hearing about an Amerasian boy, named Le Van Minh, who needed medical help.. After seeing the horrid living conditions the Amerasian children endured and how they wanted to “go to the land of [their] father,” Mrazek decided to find a solution. He would eventually come to author the Amerasian Homecoming Act. As a result, the Vietnamese Amerasians, along with their families, were allowed a second chance at life and immigrated to the U.S.Even though I am of Vietnamese descent, I initially did not have any knowledge of Vietnamese Amerasians and their incredible stories. After intensive research and speaking to my parents, who interacted with Amerasians while they were still living in Vietnam, I realized that they had suffered way too much to not be mentioned in a history textbook. Amerasians also had a great impact on both the Vietnamese and American people. Almost 100,000 people immigrated from Vietnam to the U.S. and they are now living in better conditions, becoming productive and contributing members of society.A School Project Inspires a Deeper DiveAlthough creating a National History Day project at my school is part of a class assignment for juniors, I created a project as an extracurricular activity when I was a sophomore. The History Day program provides students with the opportunity to dive into a topic and dig deeper than a student would during an average history course.To begin my project, I spent numerous hours researching. I gathered background information on Vietnamese Amerasians and the impact of the Amerasian Homecoming Act. I visited the Watson Library at the University of Kansas, where I found numerous newspaper articles and books from their databases and library. I also researched in other libraries. I contacted two Vietnamese Amerasians that came to America through Operation Babylift and the Amerasian Homecoming Act. Then, I had to write my script, a 500 word process paper with an annotated bibliography, and create my documentary.A Homecoming Act DocumentaryI thought that the topic of U.S. Congressman Robert Mrazek’s stand for Amerasians could be expressed most clearly through a documentary. I used iMovie to create my project and found video clips, images, and music that complemented the information provided. Through this documentary, viewers are enlightened about the agony Amerasians went through and the positive results from Mrazek’s Amerasian Homecoming Act.After working on this project, my determination to learn more about the Vietnam War grew stronger. Meeting Amerasians and hearing their stories made me want to continue to deepen my understanding about their struggles. Today, since most Americans do not know about the Vietnam War, Amerasians and the impacts of the Amerasian Homecoming Act, I feel like it is important topic for young people to examine.Kim Vu is a junior in Seaman High School in Topeka, Kansas. She is currently involved in band, Math Club, Key Club, SHARP Committee, Scholar’s Bowl, Student Council, Writing Center, and Track and Field inside of school. Outside of school, she is involved in the youth folk choir and volunteer at my church and at food banks. Kim won National History's Day Vietnam War Era Prize with this documentary.KIM VU High School StudentAmerasian PhotosThe American Homecoming Act or Amerasian Homecoming Act, was an Act of Congress giving preferential immigration status to children in Vietnamborn of U.S. fathers. The American Homecoming Act was written in 1987, passed in 1988, and implemented in 1989.The act increased Vietnamese Amerasian immigration to the U.S. because it allowed applicants to establish mixed race identity by appearance alone. Additionally, the American Homecoming Act allowed the Amerasian children and their immediate relatives to receive refugee benefitsAbout 23,000 Amerasians and 67,000 of their relatives entered the United States under this act.While the American Homecoming Act was the most successful program in moving Vietnamese Amerasian children to the United States, the act was not the first attempt by the U.S. government. Additionally the act experienced flaws and controversies over the refugees it did and did not include since the act only allowed Vietnamese Amerasian children.BackgroundIn April 1975, the U.S.-backed government of South Vietnam fell to North Vietnamese forces. Refugees from Vietnam started to arrive in the United States under U.S. government programs. In 1982, the U.S. Congress passed the Amerasian Immigration Act (PL 97-359). The law prioritized U.S. immigration to children fathered by U.S. citizens including from Korea, Laos, Cambodia, Vietnam, and Thailand. However, the law did not provide immigration to mothers or half-siblings, only to Amerasian children. Amerasians would generally have to coordinate with their American fathers in order to obtain a visa. This provided a challenge for many since some fathers did not know they had children or the fathers may not be claiming the children. If the Amerasian children did not have documentation from the American father, then they could be examined for “American” physical features by a group of doctors. Additionally, since the U.S. and Vietnam’s governments did not have diplomatic relations, the law could not be applied to Vietnamese Amerasian children. Essentially the Amerasian Immigration Act did little for Amerasian children and even less for Vietnamese Amerasian children.As a way to address Vietnamese Amerasian children, the U.S. government permitted another route for Vietnamese-born children of American soldiers to the United States. The children would be classified as immigrants, but would also be eligible to receive refugee benefits. The U.S. and Vietnam governments established the Orderly Departure Program (ODP). The program is housed in the United Nations High Commission for Refugees (UNHCR). The ODP created a system where South Vietnamese soldiers and others connected to the U.S. war effort could emigrate from Vietnam to the United States. Initially the Amerasian children had to have documentation from their American fathers to be issued a visa, however the program eventually expanded to individuals that did not have firm documentation. The Orderly Departure Program moved around 6,000 Amerasians and 11,000 relatives to the United States.EnactmentOn August 6, 1987, Rep. Robert J. Mrazek [D-NY-3] introduced the Amerasian Homecoming Bill (H.R. 3171). The bill was cosponsored by 204 U.S. representatives (154 Democrats, 49 Republicans, and 1 Independent). In 1988, the U.S. Congress passed the Amerasian Homecoming Act (PL 100-200). The law took effect on March 21, 1988 and allowed Vietnamese Amerasians born January 1, 1962 through January 1, 1976 to apply for immigrant visas until March 21, 1990. Additionally the legislation removed immigration quotas and reduced legal barriers for Vietnamese Amerasians’ immigration. As a result of the act around 20,000 Amerasian children left Vietnam. Prior to the Amerasian Homecoming Act, many Amerasian children faced prejudice in Vietnam sometimes referred to as bui doi (“the dust of life” or “trash”). However, after the act many of these children would be called “golden children” since not only could the Amerasian children move to the United States, but so could their families. The act allowed the spouse, child, mother, or the next of kin of the Amerasian child to emigrate. The act was significant, because it allowed applicants to establish mixed race identity by appearance alone.Immigration processThe American Homecoming Act operated through the Orderly Departure Program in the respective U.S. embassies. U.S. Embassy officials would conduct interviews for Amerasians children and their families. The interviews were intended to prove whether or not the child’s father was a U.S. military personnel. Under the American Homecoming Act, Vietnamese Amerasian children did not have to have documentation from their American fathers; however, if they did their case would be processed quicker. The approval rating for Amerasian applicants was approximately 95 percent. The approved applicants and their families would go through a medical exam. The medical exam was less extensive than other immigration medical exams. If they passed, the U.S. would notify Vietnamese authorities and would process them for departure. The Amerasians would then be sent to the Philippines for a 6-month English language (ESL) and cultural orientation (CO) program. Once the Amerasians arrived in the United States they would be resettled by private voluntary agencies contracted with the U.S. State Department. Some Amerasians gave accounts that some “fake families” approached them as a way to immigrate to the United States. The U.S. Attorney General in conversation with the U.S. Secretary of State submitted program reports to the U.S. Congress every three years.ControversiesWhile the American Homecoming Act was the most successful measure by the United States to encourage Amerasian immigration, the act faced controversies. A primary issue was the act only applied to Amerasian children born in Vietnam. The American Homecoming Act excluded Korea, the Philippines, Laos, Cambodia, and Thailand. While Amerasian children from outside Vietnam could immigrate to the United States, they could do so only if their fathers claimed them. Most fathers did not recognize their children, especially if they were born to sex workers. In 1993, a class action lawsuit was filed in the International Court of Complaints to establish Filipino Amerasian children’s rights to assistance. The court ruled against the children, stating they were the products of sexual services provided to U.S. service personnel. Since prostitution is illegal, there could be no legal claim for the Filipino Amerasian children. Amerasian advocacy groups are actively attempting to gain recognition for Amerasian children through legal and legislative measures.There were other concerns facing the American Homecoming Act by the Vietnamese immigrants. Some accounts include a Vietnamese woman who attempted to claim American citizenship for her Amerasian son, but the father denied the relationship and responsibility by calling her a prostitute. Since sex workers were largely excluded, many children were unable to participate in the program. In the 1970s, the U.S. cut refugee cash assistance and medical aid to only eight months. Many Amerasian children account of their struggles in public school and very few attended higher education.Amerasian children who stayed in their respective countries found difficulties. Many of the children faced prejudice since their fair skin or very dark skin, blue eyes, or curly black hair would quickly identify them as Amerasian. Additionally the children faced judgment from the new socialist Vietnamese officials and other neighbors since their features positioned them as reminders of the “old enemy.”Amerasian Homecoming Act – 25 Years LaterThe Amerasian Homecoming Act, which passed into law in December 1987 and went into effect a few months later, began with a photojournalist, a homeless boy in Vietnam, and four high school students in Long Island, New York. Twenty five years later, almost 100,000 people have immigrated from Vietnam to the U.S. as a result of the AHA.First, a bit of background. One of the great tragedies of the Vietnam War is the story of the Amerasians–children of U.S. servicemen and Vietnamese women. There are tens of thousands of such children. In Vietnam, they were known as “children of the dust” because they were considered as insignificant as specks of dust, and many (if not most) suffered discrimination, abuse, poverty, and homelessness. Although the fathers of these children were United States citizens, the children did not qualify to immigrate to the U.S. The situation was complicated by the absence of diplomatic relations between the government of the United States and the government of Vietnam. Ten years after the war, the situation for the Amerasians seemed hopeless. A 2009 article from Smithsonian Magazine describes what happened next:In October 1985, Newsday photographer Audrey Tiernan, age 30, on assignment in Ho Chi Minh City, felt a tug on her pant leg. “I thought it was a dog or a cat,” she recalled. “I looked down and there was [Le Van] Minh. It broke my heart.” Minh, with long lashes, hazel eyes, a few freckles and a handsome Caucasian face, moved like a crab on all four limbs, likely the result of polio. Minh’s mother had thrown him out of the house at the age of 10, and at the end of each day his friend, Thi, would carry the stricken boy on his back to an alleyway where they slept. On that day in 1985, Minh looked up at Tiernan with a hint of a wistful smile and held out a flower he had fashioned from the aluminum wrapper in a pack of cigarettes. The photograph Tiernan snapped of him was printed in newspapers around the world. The next year, four students from Huntington High School in Long Island saw the picture and decided to do something. They collected 27,000 signatures on a petition to bring Minh to the United States for medical attention.They asked Tiernan and their congressman, Robert Mrazek, for help.Mrazek began making phone calls and writing letters. Several months later, in May 1987, he flew to Ho Chi Minh City. Mrazek had found a senior Vietnamese official who thought that helping Minh might lead to improved relations with the United States, and the congressman had persuaded a majority of his colleagues in the House of Representatives to press for help with Minh’s visa.Minh came to the U.S., where he still lives. but once he got to Vietnam, the Congressman realized that many thousands of Amerasian children were living in Vietnam, often in terrible conditions. Congressman Mrazek resolved to help these children. The result was the Amerasian Homecoming Act, which went into effect in early 1988.The AHA allowed Amerasians to come to the United States as lawful permanent residents. They are not considered refugees, but they do receive benefits (such as financial assistance and housing) normally reserved for refugees. In an important way, the law was quite succcesful–as a result of the AHA, approximately 25,000 Amerasians and about 70,000 of their family members immigrated to the United States.However, the law was not a success by all measures. For one thing, not all Amerasians in Vietnam learned about the AHA, and so many people who might have qualified to leave Vietnam were unable to do so.Another problem was fraud. One type of fraud involved people who claimed to be Amerasian, but who were not (there was no easy way to tell who was an Amerasian, and many decisions were made based on the person’s physical appearance). However, the more pervasive problem of fraud involved “fake families.” These were people who attached themselves to the Amerasian immigrants’ cases in order to come with them to the U.S. In many cases, the Amerasians agreed to this fraud because the fake families would pay the Amerasians’ expenses. Without this assistance, the Amerasians could not have afforded to immigrate. The extent of the fraud is unknown, but a November 1992 GAO report found that in 1991, about 20% of applicants were rejected for fraud. By 1992, 80% of applicants were rejected for fraud.A final problem–though perhaps this is not a problem with the AHA itself–is that many Amerasians had a tough time adjusting to life in the United States. A 1991-92 survey of 170 Vietnamese Amerasians found that some 14 percent had attempted suicide; 76 percent wanted, at least occasionally, to return to Vietnam. As one advocate put it, “Amerasians had 30 years of trauma, and you can’t just turn that around in a short period of time.”Of course, Amerasians did far better here than they could have in Vietnam, but given their difficult lives back home, the adjustment was often not easy. According to the Encyclopedia of Immigration:In general, the Amerasians who came to the United States with their mothers did the best in assimilating to American society. Many faced great hardships, but most proved resilient and successful. However, only 3 percent of them managed to contact their American fathers after arriving in the United States. By 2009, about 50 percent of all the immigrants who arrived under the law had become U.S. citizens.Now, Amerasians host black tie galas to celebrate their success as a unique immigrant community. And even in Vietnam, where they were vilified for many years, negative feelings towards Amerasians have faded.Finally, on a personal note, my first job out of college was for a social service agency that did refugee resettlement, and so I worked with Amerasians (and others) for a few years in the early 1990s. Of the populations we served, it seemed to me that the Amerasians had been the most severely mistreated. Many were illiterate in Vietnamese and spoke no English. They were physically unhealthy, and they had a hard time adjusting. Twenty five years after the AHA, it seems that Amerasians are finally achieving a measure of success in the United States. Their long journey serves as a reminder that persecuted people need time to become self sufficient. But the Amerasians–like other refugee groups–are well on their way to fully integrating into American society.The Children They Left BehindChildren of the Vietnam War (smithonianmag.com)Vietnamese Amerasians in America : Asian-NationVietnamese Find No Home Here in Their Fathers' Land (NYT 1991)1989 The Dust of Life: The Legal and Political Ramifications of the Continuing Vietnamese Amerasian Problem (elibrary.law.psu.edu)They came here as refugees. Now the U.S. may be deporting some Vietnamese nationals.Vietnamese deportees and Amerasians Thanh Hung Bui , from left, and Cuong Pham, from center, speak to U.S. lawyer and Vietnamese-American Tin Nguyen at a cafe in the suburbs of Ho Chi Minh City, Vietnam on April 19, 2018.James Pearson / ReutersA few days before Christmas last year, Cuong Pham boarded a plane in Texas to fly to his home country of Vietnam, he said.He had last visited the country about a decade before, but this time, Pham wouldn't be returning to the U.S., where his wife and three children live. He was being deported.Pham didn’t want to go back, he said, “because all my life is in the U.S. It's not here.”I want to go back to my family, my wife and children…. I don’t even know what I’m going to do next.Pham was one of a small number of Vietnamese nationals who were deported last December despite a bilateral agreement that apparently excludes them from being deported, according to several immigration and civil rights advocates.In 2008, the U.S. and Vietnam signed a repatriation agreement that explicitly excludes Vietnamese nationals who arrived in the U.S. before July 12, 1995 — the date the two countries reestablished diplomatic relations — from being subject to deportation. Many of those who arrived before that date were refugees of the Vietnam War.But civil rights and immigration groups say they believe that seven Vietnamese nationals who arrived in the U.S. before 1995 were deported late last year and early this year.“Many of them have never been back to Vietnam and many of them don’t have any family there,” Phi Nguyen — litigation director of Asian Americans Advancing Justice-Atlanta (Advancing Justice-Atlanta), which earlier this year filed a lawsuit challenging the detention of Vietnamese nationals not covered under the 2008 agreement — said. “The idea of being returned to a place that they are no longer connected to is causing a lot of fear in the community, especially when people who are in this situation have felt safe for the last several years and have been able to rebuild their life here and create families here.”'AMERASIAN' HOMECOMINGPham, 47, was born in Vietnam and grew up there until he was 20 years old, immigrating to the United States in 1990, he said. The son of a U.S. serviceman, Pham said he came to the U.S. under the Amerasian Homecoming Act, a law that allows some Vietnamese nationals whose fathers were U.S. citizens as well as their next of kin to immigrate to the U.S.Pham received his final order of removal in 2009 following two convictions, he said. In 2000, he was convicted of indecent assault and battery of children under 14, a sex crime. In 2007, he was convicted of driving under the influence.Vietnamese deportee and Amerasian Cuong Pham , 47, who was deported from the U.S., poses outside his former house, where he lived before he fled to the U.S., in central Ho Chi Minh City, Vietnam on April 20, 2018.Kham / ReutersSince arriving in Vietnam, Pham has settled in a rural area of the country he described as a “jungle” where there is no running water. He said he has had difficulty in securing a job over the last four-and-a-half months as employers have rejected his inquiries based on his multiracial status. His wife has provided him with some financial assistance, but is also working to support their three children.“For me, right now it’s a very, very hard time,” he said by phone from Vietnam. “I want to go back to my family, my wife and children…. I don’t even know what I’m going to do next.”Reuters last month reported that former U.S. Ambassador to Vietnam Ted Osius said a “small number” of people protected by the repatriation agreement have been sent back.Osius did not respond to a request for comment.As Cambodian deportations resume, community looks for ways to copeImmigration and Customs Enforcement (ICE) spokesperson Brendan Raedy said in an email that “both countries maintain and continue to discuss their respective legal positions relative to Vietnamese citizens who departed Vietnam for the United States prior to July 12, 1995.”The U.S. Department of State did not directly address the deportations when contacted by NBC News. Department spokesperson Ambrose Sayles said that the removal of aliens subject to a final order of removal, particularly those who pose a danger to national security or public safety, is a top priority for the U.S. government.“We continue to work closely with Vietnamese authorities to address this issue. ... The U.S. Government and the Vietnamese Government continue to discuss their respective positions relative to Vietnamese citizens who departed Vietnam for the United States,” Sayles said in an email.'IT'S ENTIRELY UP TO VIETNAM'Bill Ong Hing, a professor of law at the University of San Francisco who specializes in immigration law and policy, said that agreements such as the one between the U.S. and Vietnam that should exempt certain individuals from deportation are not law, but rather serve as guidelines that don't necessarily need to be followed.“In spite of the agreement, it's entirely up to Vietnam,” he said. “What usually happens is that the receiving country is not willing to take the people. But if the receiving country is willing to take the person, then there's not much that can be done about that.”A receiving country could be pressured into accepting or decide to accept deportees for various reasons, Hing noted.'Never too late to change': In deportation limbo, Tung Nguyen wants to help fellow felonsHe said it has been and remains uncommon for the repatriation of individuals protected under such agreements to be deported. Whether or not this trend continues is dependent on the Trump administration and ICE offices that prioritize which individuals to deport, he said.As of December 2017, there were more than 8,600 Vietnamese nationals residing in the United States subject to a final order of removal, 7,821 of who have criminal convictions, according to ICE. As of April 12, ICE has removed 76 Vietnamese nationals to Vietnam in fiscal year 2018 and had 156 Vietnamese nationals in detention.Raedy said that in calculating these figures, ICE does not track the year that immigrants with final orders of removal came to the United States.In fiscal years 2014, 2015, 2016 and 2017, the United States deported a total of 186 Vietnamese nationals, according to ICE data.Vietnamese deportee and Amerasian Cuong Pham , 47, who was deported from the U.S., uses his mobile phone while having a coffee in central Ho Chi Minh City, Vietnam on April 20, 2018.Kham / ReutersNguyen, the litigation director, said it is uncertain whether this is the first time Vietnamese nationals who arrived prior to 1995 have been deported, but that it is the first time her organization is aware of an effort to deport the individuals in large numbers since the 2008 agreement.Despite the group that has been deported, it does not appear as though Vietnam is willing to accept all pre-1995 Vietnamese nationals who have final orders of removal, Nguyen said.The lawsuit filed by Advancing Justice-Atlanta — along with Asian Americans Advancing Justice-Los Angeles, Asian Americans Advancing Justice-Asian Law Caucus, and the law firm Reed Smith LLP — alleges that at least 45 pre-1995 Vietnamese nationals are being detained without due process.It also stated that "the U.S. government claims that Vietnam is now 'willing to consider' repatriation of Vietnamese who came to the United States before July 12, 1995.”The Ministry of Foreign Affairs in Vietnam did not respond to a request for comment.Nonprofits sue over immigration detention of Vietnamese nationals who came as refugeesDeportations of the seven pre-1995 Vietnamese nationals follow detentions in the community that took place last year.In early 2017, community organizations sent out an alert following the detention of about 40 Vietnamese nationals, Nancy Nguyen — the executive director of of the nonprofit VietLead, who is unrelated to Phi Nguyen — said.Pham was among those redetained early last year.The roundups prompted VietLead and several other groups to organize visits in November and December 2017 to a detention center in Georgia, Nancy Nguyen said. Through these visits, the organizations found that both pre- and post-1995 Vietnamese were being detained for prolonged periods of time. They also learned of six pre-1995 Vietnamese who had been deported.Phi Nguyen said ICE’s routine practice for decades was to release pre-1995 Vietnamese immigrants within 90 days of their order of removal because the agency knew it could not deport them.The idea of being returned to a place that they are no longer connected to is causing a lot of fear in the community.But beginning in March 2017, ICE began re-arresting those nationals, the lawsuit said. In March and late October to early November, detainees arrested from across the country were sent to detention centers to be interviewed by the Vietnamese Consulate, the suit alleges.A possible victory came on April 17 for some Vietnamese class members represented in the lawsuit when the U.S. Supreme Court struck down a provision in a federal law that makes it easier to deport immigrants convicted of certain crimes.“If someone got their deportation order based on one of the crimes covered, then they have the ability to re-visit their removal order,” Phi Nguyen noted.She added that the court's decision will have an impact on class members, but that their cases still need to be examined more closely.“The U.S. not following the agreement is just another sign of it breaking rules and breaking our families apart,” Nancy Nguyen said. “As an organization, we’re working to hold the U.S. accountable to its promises.”Once shunned by many, Vietnamese Amerasians now celebrate their heritage (a San Jose gala in 2008). At a similar gathering, many in the audience wept when an Amerasian family that had just arrived in the United States was introduced. (Catherine Karnow)Read more: Children of the Vietnam WarChildren of Vietnam War servicemen seek U.S. citizenshipRandy Tran walked quickly past the majestic domes and marble statues of Capitol Hill, looking for the Cannon House Office building and the people he believed could help him.Tran, a Vietnamese pop singer who lives in a Bay Area suburb and sleeps on a friend's couch, flew 2,900 miles to be here. He rehearsed what he wanted to say. His English was not perfect. He was afraid he would have just a few minutes to make his case.He had a 3 p.m. appointment in the office of a Wisconsin congressman. He was not exactly sure what the congressman did, but he was certain that this was a powerful man who could help untangle a political process that had ensnared him and thousands like him.Tran came to Washington on behalf of abandoned children of American soldiers and Vietnamese women, born during the Vietnam War and, like him, seeking citizenship in the country their fathers fought for.Called Amerasians, many were left to grow up in the rough streets and rural rice fields of Vietnam where they stood out, looked different, were taunted as "dust of life." Most were brought to the United States 20 years ago after Congress passed the Amerasian Homecoming Act, which allowed the children of American soldiers living in Vietnam to immigrate. But citizenship was not guaranteed, and today about half of the estimated 25,000 Amerasians living in the U.S. are resident aliens.Tran lives in Hayward and travels the country crooning pop songs to Vietnamese fans at restaurants and concert halls. But he feels unsettled."I feel like I belong nowhere," said Tran, whose father was an African American whose name he likely will never know, but who gave him the mocha-colored skin so different from other Vietnamese."If I go to Little Saigon, they say, 'Are you Vietnamese? You look black.' If I go to the American community, they say, 'You're not one of us. You're Vietnamese.' "But most wrenching for Tran is his lack of citizenship, a constant reminder of being an outsider in what he considers his fatherland."Our fathers served for the country, fought for freedom," Tran said. "I am not a refugee, but I am being treated as one. We are Americans."Tran and 21 other Amerasians flew to Washington, D.C., for three days in July to lobby for the Amerasian Paternity Act. It would give Amerasians born during the Vietnam and Korean wars automatic citizenship, rather than requiring them to pass tests in English.Most of them had never been to Washington. Some purchased their first suits for the trip. Some spoke no English at all.Tran does not know his age. On paper he is 34, but he guesses he is closer to 37.His mother left him in an orphanage in Da Nang when he was days old. A few years later, a woman in a nearby village adopted him to help care for her cows. She refused to let him call her "mother."The neighbors gawked at his dark skin; the village children yanked his curly hair. At night he would dream that his hair had turned straight and that he could pour a liquid over his body to turn his face pale. He would hide behind the bamboo mat he slept on."They looked at us like we were wild animals, not people," Tran said.When the Homecoming Act passed in 1988, thousands of Vietnamese who wanted to escape the Communist government used the Amerasians as a device to flee. At 17, Tran was sold to a family for three gold bars. When the family got to America, they asked Tran to leave their home. He moved in with a friend's family.Like Tran, many Amerasians lacked the English skills, education and family connections that had helped other Vietnamese refugees assimilate. Many did not attend school in Vietnam and arrived in America illiterate. Many migrated to Vietnamese communities where they were once again shunned. Some turned to drugs or gangs.They received eight months of government assistance, including healthcare, English lessons and some job training. But the government did not help Amerasians locate their fathers, and funding for the program ended in 1995.In Washington, Tran and the other Amerasians crowded into a friend's house. There was Vivian Preziose from Queens, whose father brought her to the U.S. when she was 10. There was Jimmy "Nhat Tung" Miller from Seattle, who found his father a couple of years before the man died. There was Huy Duc Nguyen from Dallas, whose only clue about his father is that his last name sounds something like "Sheffer."They mapped out their plans. Preziose passed out 435 folders containing a letter she wrote. The next day they would deliver a folder to every congressional office. They also had appointments on Capitol Hill, so they rehearsed what they would say.Some stumbled over their words. Preziose encouraged them to speak from their hearts. Nguyen reminded them not to wear jeans. Tran advised them to speak slowly.A year ago, few of the Amerasians knew one another. That changed when Nguyen went to a screening of a documentary about Amerasians stuck in Vietnam and met others like him. They talked about helping those still in Vietnam and started reaching out to Amerasians across the country. They knew of Tran from his singing.Tran urged them to lobby for the citizenship bill, sponsored by Rep. Zoe Lofgren (D-San Jose). In September 2007, they formed the Amerasian Fellowship Assn., which now has 5,000 members.They had grown up haunted by a raw sense of being thrown away by their parents. Now mostly in their 30s and 40s, they came together for political reform, and along the way formed a community for those who felt invisible.The day after they handed out the folders, Tran anxiously waited on the marble steps of the Cannon building for his team to arrive.By the time they got to Rep. F. James Sensenbrenner's office (R-Wisconsin), they were five minutes late.They met a man in a tan suit with a faint smile.Tran introduced himself and began describing the difficulties faced by Amerasians. Many cannot speak English, he said, making it difficult to pass the citizenship test.The meeting lasted less than 25 minutes -- not enough time for Tran to say that he was not allowed to go to school in Vietnam, that while he tended to the cows he would peer through the schoolhouse windows at the students learning to read.Tran thought the man seemed confused why they were there. But he promised to do what he could to help.It wasn't until the man handed out his business card that Tran realized he wasn't talking to the congressman from Wisconsin. He was talking to a staffer."I didn't know who he was," Tran said. "I just knew we wanted to meet him. I wanted to tell our story."There is a lot Tran does not understand. He's not sure which of the two houses of Congress the bill is stuck in or why it is taking so long to become law. When he and other Amerasians met with Lofgren in the Capitol building, he thought they were in the White House.Lofgren warned the group that it was unlikely the bill would pass this year. But she promised to reintroduce it next year.Some of the Amerasians decided to visit the Vietnam Veterans Memorial, believing the names of their fathers might be inscribed on the wall.Tran decided not to go. He has no clues as to who his father is. When Tran walked past an older black man on the street, he turned and looked.He still wonders why his mother left him to suffer in Vietnam. Once, it was a source of deep anger. But his fury turned to sympathy when he learned about the harsh conditions during the war, the stigma of having a child out of wedlock with an American.Perhaps she gave him away hoping he would have a better life. He once wrote a song called "After the War." When he performs it before Vietnamese audiences, they are often brought to tears.Tran later wrote an e-mail to the staffer. He mistakenly identified the man as "Mrs." He also sent along an English translation of the lyrics of "After the War."He has yet to hear back. But he has faith that America will come through, [email protected]

There may not be much questions on the subject especially on mathematics, chemistry or physics.There may be questions on the following subjects:CommerceEconomicsHistoryComputer scienceIt has to be noted that the interview is conducted by only retired bank executives and the following will be their main focus when it comes to questions:BankingEconomicsCapital marketCurrent affairsRecent budgetPersonalities who are in the news recentlyRecent happenings in the field of banking, politics and money mattersPlease read the following for better guidance:Tips for Interview for recruitment as Probationary Officers in banksInstructions to candidatesThe purpose of the interview:The purpose of any interview is to select one suitable individual for the concerned post. The person to be interviewed may be having higher qualifications; however, he may not be having the requisite potentials or caliber in handling the job offered namely; better communication ability, leadership quality, emotional strength and efficient interpersonal relationship. Banking demands people who are willing to work hard by mingling with customers freely and friendly apart from maintaining a cordial; social and friendly relationship with the colleagues and superiors.Phases of the interview:The interview is conducted in four phases namely;·the first phase during the course of which questions are asked about the individual and his specialization in any area;·the second phase wherein questions are asked about the bank for which the interview is conducted;·the third phase wherein questions are asked about general banking, economy, finance and latest developments and·the fourth phase is the final round for the interview.The interview committee:The interview committee consists of three to five imminent personalities who are well versed in banking matters and normally the services of executives or retired executives of various commercial banks are utilized for the purpose of conducting the interview. The following system is adopted by the committee members during the course of interview process:·While one member poses questions to the candidate, the remaining members observe the body language of the individual as to how he reacts to the questions and especially in respect of difficult questions;·They also review as to how the candidate comes forward in presenting his answers in a crisp manner thereby providing the relevant points expected by the committee members at the shortest possible time.·Basing upon the answering ability, communication ability, level of confidence, willingness to accept challenges etc., the committee members select the individuals by awarding better gradation.·When the candidate is found to be inattentive on account of low level of self confidence or some other factors, the committee members pose provoking questions so that the candidate is emotionally provoked and aroused to come forward with appropriate answers.The interview process:The interview process consists of the following stages:·Attendance marking by the candidate at the reception committee and filling up the relevant format thereby furnishing his details;·Verification of the certificates namely; qualification certificates, experience certificates, certificates relating to extracurricular activities etc., by the reception committee/team members;·Candidate waiting at the reception hall for his turn;·Once called, candidate entering into the interview room duly seeking permission of the team members;·Candidate thanking the interview members for permitting him/her inside the cabin;·Candidate sitting on the seat once offered by one/more members in the interview committee;·Candidate thanking the person who had offered the seat;·Candidate shaking his hands with the members, if offered;·Candidate eagerly awaiting for the questions from the members;·Candidate mentally preparing himself to attend the interview with full concentration maintaining regular eye contact with the committee members;·Candidate answering the questions posed by the members enthusiastically, till the entire process is treated as completed;·Candidate collecting all certificates and documents once the interview is treated as completed;·Candidate thanking the committee members and·Candidate politely raising from the chair, walking towards the entrance, opening the cabin door and gently closing the door behind him;·Candidate meeting other candidates awaiting at the reception hall cheerfully.Dress code:·Dress code is most important aspect and a person is judged by the dress he wears. Dress makes half man.·For men: Please wear a neat full length trouser and one full length shirt – preferably white or light shaded; Usage of “T” shirts greatly dampens the image of the candidate and the purpose of using any ‘T” shirt is to have better comfort during the course of walking, relaxing, jogging, running, partying and relaxing. As such “T” shirts are not considered to be a fit wear during professional meetings including interviews. Do not wear highly dark colored and checked dresses. The candidate has to wear a good quality shoes neatly polished. If possible he can wear a “tie” and this is purely optional and certain organizations pay more attention to the personality of an individual which gets improved by way of better dressing.·For girls: Under any circumstances girls should not wear provoking dresses namely; “T” shirts, jeans pants, trousers, half gowns and shirts with messages and blouses with low cuts. A neat chudithar is considered to be the best option and wearing of sarees improves the image of the individual.A.Questions during the first phase:·Initially the candidates are invited to tell about their personal life and interests, their family members, their ambitions, their qualifications, their achievements in studies, sports, music and any other extracurricular activities;·The second question is about the place to which the candidate belongs. In case the candidate belongs to Chennai, he will be asked to tell about Chennai and the importance of the place. Necessarily the candidate should have a thorough knowledge about the place from which he is hailing;·The interviewers will pose “ice breaking questions” in order to shift the focus of the candidate. This is for the purpose of finding out the reaction of the candidate during such “focus change”. (Banks demand people who are able to face any challenges);·During the first two to three minutes, more than 80 percent of the questions will be on the personal details and basic information about the candidate. It has to be remembered that – “The first impression is the best impression” and accordingly the candidate has to behave politely, calmly, courageously and confidently.Sample questions during the first phase:·01. My dear friend, now tell us about yourself: The candidate has to inform in a crisp manner about himself, his family, his qualifications, achievements if any etc. Unnecessary details should be avoided altogether and the candidates at no cost should provide information to the committee members with an intention to derive sympathy from the committee members. Such an attitude will prompt the members either to reject or award poor marks.·02. I see – you are from Chennai – please tell me about Chennai: Since the candidate belongs to Chennai, he is invited to tell about Chennai and he should have pre-hand information about Chennai and should come forward to tell about important places in Chennai namely; Marina beach, High Court, Kabaleeswarar Temple, Metro train facilities, Santhome church, International airport, Asia’s biggest bus station at Koyembedu and many more.·03. I find that you had studied in Presidency college. What was the reason for your preference of this college?. How was your life in the college? The candidate has to tell about the college; the achievements of the college in academic scenario as well as in sports and in other areas;·04. I find that you had studied “EEE” - why you had chosen the course? The candidate has to tell about the purpose and the potential available for the students who had opted to pursue EEE course.·05. You are in Chennai for a long period. What is your opinion about Chennai?·06. You are having “EEE” in engineering and why you are willing to get employed in banks? (Your reply should be – In fact by working in a bank, I can develop my relationship with public in a better manner; improve my knowledge and provide better service to as many people as possible since the banks are purely service oriented organisations. I find that I can have more career prospects in future by getting employed in the banks)·07. What are your strengths and weaknesses? – Your answer should be: I am always willing to work hard under all circumstances and since I have a good communication ability, I hope that I can surely develop friendship with my colleagues, clients and others in a fast manner so that I can contribute better to the society.·08. You are a highly qualified person having one MBA degree apart from a degree in Engineering. What is the guarantee that you will be in the bank without shifting your attention to some other employment potential after some time?: Your reply should not be: On account of unemployment problem, I am joining the bank; Your reply should be – even though I have better qualifications, I wish to work in the banking industry because I can have better opportunities to serve for the welfare of the society by working in the bank than any other organisations.Responsibilities of the candidates appearing for the interview:The candidate should do a home work and he should always depend upon his positive straits namely; his strength, achievements and abilities and necessarily he should believe in himself that he can accept and do the job in a better manner and he should altogether avoid any negative reply or angry reply under any circumstances; even when provoked or tempted by the interview board members and the candidate should remain calm and wear a broad smile during the entire interview process.A smile has the power to keep the individual in better spirits at all times.The following question may provoke the candidate –·Dear friend, considering your personality, I find that you look like a film actor. How do you feel yourself ?(You had not at all expected this question and you are tempted to provide an apt reply to them: Your reply should be– In fact I am fond of wearing a neat dress and I take care of my health by doing physical exercises regularly apart from eating moderate food and getting into the bed at the appropriate time. I always believe in the following proverb – “Health is wealth”. An individual may not be in a position to discharge his duties properly without adequate health. The habit of eating quality food, regular exercise and better dressing are the factors which are responsible for my personality.B.Second phase of the interview process:During this phase, questions will be asked about the bank for which the candidate is appearing for the interview and the following are some sample questions in case the candidate is appearing for a post in Punjab National Bank:·Do you know – where is the head office of Punjab National Bank?·Who is the present chairman of the bank?·How many branches are there in Punjab National Bank as on date?·Can you tell me about the total business of the bank?·Can you tell me about some deposit schemes available in the bank?·What do you know about the logo of Punjab National Bank?·What is the punchline of Punjab National Bank?·What is the position of Punjab National Bank among the commercial banks in the country as on date?(It is the responsibility of the candidate to collect the necessary information about the bank for which he is appearing for the interview by visiting the website of the bank and referring other material sources in order to get the required information about the bank namely; the headquarters, number of branches, total business, profit position, important schemes, tie up with another banks, achievements of the bank, if any; the present position and ranking of the bank in terms of business, profitability, non performing assets, productivity of the employee etc., In case the candidate is appearing for a group of banks, he should have information in general about all the banks in the group)C.Third phase of the interview:During this phase, questions will be asked on general banking practices as mentioned below:The following are the questions regarding the banks in general:·Have you visited any bank branch? What was your experience?·What is the business of any bank?·What are the essential/primary functions of any bank?·What are the secondary functions of any bank?·Who can open a savings bank account?·What do you know by KYC guidelines?·Why banks insist customers in adhering to KYC guidelines?·What is the difference between Current deposit account and Savings deposit account?·What do you mean by CASA account?·Who normally opens a current account?·What do you know by a fixed deposit account?·Can a company open a savings account?·Can the director of a company open a savings account?·Who is the controlling authority for the banks in India?·What is a foreign bank?·What is meant by a public sector bank?·Which is the largest private sector bank in the country?·Which is the largest bank in the country?·You are working as an officer in savings department. The customer complains about the irritating behavior of the clerk who is working under your supervision. What will you do in this situation?·Your manager delegates some work and you are failing in doing the work within the allotted time and your manager is not happy with your performance. How will you convince your manager?·Today there is some news about annual credit policy. What do you know by that?·What do you know by reverse repo rate?·What is called as inflation?·What is rupee convertibility?·What do you know by gross domestic product?·What do you know by ASBA?·What do you know by Sensex?·What do you know by a convertible debenture?·What is an initial public offer?·What do you know by facebook – whether it is good or bad for any individual and what is your opinion?·What are the advantages and disadvantages of Whatsapp?·What is your opinion about currency demonetization and how far the process helps in improving the economy of the country?(The above questions are illustrative and not exhaustive and the candidate should know fairly well about many banking as well as general aspects)D.The fourth phase of the interview:Like the initial phase or first phase, this fourth phase is also important wherein tricky questions will be asked as mentioned below:·You are hailing from Coimbatore. In case you are posted to Chennai whether you will be willing to work at Chennai?. (Your answer: If I am posted at Coimbatore, I shall try my level best to bring more business to the bank since I know the place and people well and I can take care of family members who are dependent on me. Even otherwise, I shall discharge my duties to the best when I am posted at Chennai)·Suddenly on account of computer crash, you have to sit late – whether you will be willing to sit late and finish the job or leave early without informing your superiors? (Definitely I will never mind in sitting late and I shall always cooperate with my superiors in finishing the day to day functions of the branch. I am one among the team members and I have the responsibility to cooperate with other members during critical situations)·What information are you willing to tell about yourself? (If I am selected, I shall work hard and I shall discharge my duties to the entire satisfaction of my superiors. I shall always do the best from my side for the growth of my organization.)Selected Interview QuestiomsCandidate: 00101.Why you are willing to join in a bank?I am willing to join in a bank since I hope that I may be having more opportunities to serve the public. Banks have better career opportunities by means of periodical promotions to higher cadre.02.What do you mean by appraisal of gold loans?Gold loans are granted against the security of gold jewellery namely gold chains, necklaces etc., The jewellery apart from gold contains certain amount of copper and stones. Appraiser is a person well versed in the art of appraising the jewellery and on appraisal of the jewellery, he will be finding out the approximate gold content so that the bank may be able to provide loans against the gold content.03.What are the different kinds of term deposits available in a commercial bank?The different kinds of term deposits available in a commercial bank are – fixed deposit, recurring deposit and reinvestment deposit. In the case of fixed deposit, a fixed amount is accepted for a definite period and interest is paid on quarterly basis. In the case of reinvestment deposit which is similar to fixed deposit, interest is paid on maturity since interest is reinvested. In the case of recurring deposit, monthly instalments are accepted for a fixed period.04.What is the minimum period for which a fixed deposit is accepted and the maximum period for which a fixed deposit is accepted?The minimum period for which fixed deposit is accepted is seven days and the maximum period is ten years.05.Whether a fixed deposit can be accepted for a period more than ten years?In the case of deposits in the names of minors on account of settlement of claims, the deposit can be for more than ten years06.What do you mean by FERA?FERA means foreign exchange regulations act and it came into effect from the year 1973. An act to regulate certain payments dealing in foreign exchange, securities, the import & export of currency and acquisition of immovable property by foreigners. Under Section 31 (1) of the Foreign Exchange Regulation Act ( FERA) of 1973, it is mandatory for foreign corporations, which are not incorporated in India to obtain permission from the Reserve Bank Of India (RBI) to acquire, hold, transfer or dispose off in any manner (expect by way of lease for a period not exceeding five years) any immovable property in India.07.What do you mean by ECS?ECS means electronic clearing service and the customer can authorize on periodical basis to make payment of certain utility bills like electricity charges, water charges etc., by debiting his account till such time he submits a revocation letter. Similarly, he can authorize corporate to credit the dividends on shares and interest on debentures as and when due to the credit of his account with the bank.08.What is the minimum amount that can be sent through RTGS?The minimum amount that can be sent through RTGS is Rupees two lakhs and there is no maximum limit09.What is the maximum amount that can be remitted through NEFT?There is no or maximum limit for remittances sent through NEFT10.What is the maximum amount that can be sent abroad by any resident individual?Under liberalized remittance scheme, all resident individuals including minors are allowed to freely remit an amount upto US dollars 250000 (or its equivalent freely convertible foreign currency) per financial year11..What is the name of apex bank which is responsible for the development of agriculture in the country?NABARD is the apex bank which is responsible for the development of agriculture in the country.12.What are the different kinds of schemes available in our country aiming towards poverty alleviation?National old age pension scheme; Jawahar Gramin Samruddi Yojana; National Family Benefit scheme; Mahatma Gandhi National Rural Employment Guarantee Scheme; National Maternal Benefit Schemel Annapurna etc.,13.What do you mean by crossing of any cheque?Writing of two parallel transverse lines drawn on the face of the cheque on top left hand corner with or without any words between the lines is known as crossing and it is for the purpose of making payment of the cheque through an account in the name of the payee or holder.14.What are the different kinds of crossing?Two parallel transverse lines drawn on the face of the cheque on top left hand corner of the cheque with any words or without any words is known as general crossing and the the payment can be made to the account of the payee or holder with any bank. In case the name of any bank is mentioned within the two parallel lines, it is known as special crossing and in this case, the payment should be made to the account of the payee or holder with the bank mentioned in the crossing only and not to any other bank.15.What do you mean by CASA?CASA means current and savings and this is applicable to computerized branches linked under core banking solution16.Whose signature is available in Rs. 100/- currency note?The signature of RBI governor is available in Rs. 100 currency note17.What do you know by dividend?Dividend is the return available in the form of money for the investments made by the shareholders in the equity shares and preference shares of any company.18.Bank holidays are declared according to which act?Holidays for banks are declared according to Negotiable Instruments act 1881 by the respective state governments in their states. However, all Sundays, all second and fourth Saturdays have been declared as holidays apart from the holidays permitted for religious and national ceremonies.19.Banks are functioning according to which act?Commercial banks in the country are functioning according to Banking Regulation act 1949 and to some extent as per Reserve Bank of India act 193420.RBI is functioning in the country as per which act?Reserve Bank of India is functioning according to Reserve Bank of India act 1934.Candidate: 00201.What do you mean by a guarantee?Guarantee is an undertaking executed by one person called as guarantor in favour of another person called as beneficiary expressing his intention to make payment in the event of failure of the principal debtor on payment of a debt or failure to perform any contract within the stipulated time or according to the terms of the contract.02.What are the different types of guarantees?The different types of guarantees are financial guarantee, performance guarantee and deferred payment guarantee03.What do you mean by letter of credit?Letter of credit is an undertaking executed by one banker on behalf of its customer to honour bills and documents drawn by another person as per the terms and conditions as mentioned in the letter of credit04.What do you know by packing credit advance?It is the preshipment advance granted by one bank to the exporter for the purpose of procuring raw materials; payment of various duties like customs duty, excise duty; packing charges; shipment charges etc.,05.What do you mean by special crossing?In case the name of any bank is mentioned within the two parallel lines, it is known as special crossing and in this case, the payment should be made to the account of the payee or holder with the bank mentioned in the crossing only and not to any other bank.06.What do you know by IFSC code ?IFSC means Indian Financial System Code and this is one alphanumeric code consisting of eleven digits of which the four alphabetic digits represent the name of the bank mentioned in abridged form and the next zero is known as control number and the last six numeric digits represent the branch code of the bank.07.Which is called as mother of deposits?Savings deposit is known as mother of deposits. Normally the first time customers will be advised to open savings deposits with the bank branch before availing any other facility with the bank08.Who is a called as natural guardian?Bother mother and father are known as natural guardian for the purpose of opening accounts in the name of minors represented by the guardian.09.Whether grandfathers and grandmothers can be natural guardians?Grand fathers, grandmothers grand grandfathers or grand grandmothers cannot represent as natural guardians on be behalf of the minors10.Which type of credit facility is available to a farmer for raising crops?For raising crops, the farmers are provided with crop loans, Kisan Credit Cards etc.,11.What do you mean by NULM?National Urban Livelihoods Mission (NULM) was launched by the Ministry of Housing and Urban Poverty Alleviation (MHUPA), Government of India in 24th September, 2013 by replacing the existing Swarna Jayanti Shahari Rozgar Yojana (SJSRY).The NULM will focus on organizing urban poor in their strong grassroots level institutions, creating opportunities for skill development leading to market-based employment and helping them to set up self-employment venture by ensuring easy access to credit. The Mission is aimed at providing shelter equipped with essential services to the urban homeless in a phased manner. In addition, the Mission would also address livelihood concerns of the urban street vendors12.What do you mean by Gram Sadak Yojana?The Pradhan Mantri Gram Sadak Yojana called as PMGSY was launched by the Government of India for the purpose of providing connectivity to unconnected habitations as part of a poverty reduction strategy. Government of India is endeavouring to set high and uniform technical and management standards and facilitating policy development and planning at state level in order to ensure sustainable management of the rural roads network.13.What are the salient features of MGNREGA?MGNREGA is known as Mahatma Gandhi National Rural Employment Guarantee act and according to this employment is guaranteed at least one person per household in rural areas. It aims at enhancing the livelihood security of people living in rural areas by guaranteeing hundred days of wage employment during each financial year to a rural household whose adult members volunteers to undertake unskilled manual work14.Which authority is supervising the functions of insurance companies?IRDA – Insurance Regulatory and Development Authority is the authority responsible for supervising the functions of insurance companies in our country15.What is meant by IPO?IPO means initial public offer and this is the first time public offer of equity shares, preference shares or debentures to the public for subscription16.What is meant by ASBA?ASBA means applications supported by blocked amount. Nowadays investors are permitted to remit the amount through ASBA demand drafts drawn in ASBA accounts for the purpose of subscribing shares or debentures through initial public offer and further public offer. When the demand draft is issued, instead of debiting the amount in the account, the amount is blocked till such time the shares or debentures are allotted. On allotment, the entire amount is debited; in the case of partial allotment, the amount is debited equivalent to the value of allotment and in the case of non allotment, the entire amount is allowed for further use. For the intervening period, the depositor earns interest as applicable to the category of deposits.17.What is meant by Performance guarantee issued by any commercial bank?In the case of contracts in favour of governments, the contractors are in a position to provide a bank guarantee by a reputed commercial bank, thereby undertaking to guarantee the government department to compensate the loss on account of failure of performance of the contract by the contractor within the due date or failure to perform the contract as per the terms and conditions of the contract. This is known as performance guarantee.18.What do you mean by packing credit facility issued by any commercial bank?Packing guarantee is known as preshipment advance provided by the commercial bank to the exporter for the purpose of procuring raw materials, packing materials or making payment towards customers duty, excise duty, transportation charges etc.,19.What do you mean by notice money?Notice money is money borrowed for a period of two days and more and upto fourteen days in the call money market.20.Treasury bills are issued by which authority and what are the different kinds of treasury bills available in the country?Treasury bills are issued by central government and state governments for the purpose of mobilizing funds from the public and others towards meeting the cost of various projects. There are three kinds of treasury bills as at present namely – 91 days, 182 days and 364 days. 91 days treasury bills are issued each Friday and the notified amount is Rupees one hundred crores. 182 day treasury bills are issued during alternative Wednesdays which is non reporting week and the notified amount is Rupees 100 crores and 364 days treasury bills are issued on alterntive Wednesdays which is a reporting week and the notified amount is Rupees 500 crores.Candidate: 00301.What do you know by PIN number?PIN number is four digit number expressed in numerical characters. PIN number is used for the transactions done using debit cards and credit cards through automated teller machines and point of sale terminals.02.What do you know by PAN number?PAN number is known as permanent account number. This is used for the purpose of remittance of income tax with income tax department. Tax payers should get one PAN number by sending an application along with relevant documents and by payment of specified sum of money to Income tax department or their agencies. It is ten digit number consisting and alphapetical and numerical characters.03.What are the functions of DICGC?DICGC means Deposit Insurance and Credit Guarantee Corporation and this corporation provides deposit insurance upto an amount of Rupees one lakh per depositor per bank in the event of insolvency of the bank and it also provides small loans guarantee upto certain limits04.What is the role played by ECGC?ECGC provides guarantee support to the exporters of the country in the form of several export guarantees05.Mention the Regional Rural Banks which are functioning in Tamilnadu?The Regional rural banks which are functioning in Tamilnadu are Pandiyan Grama Bank and Pallavan Gramin Bank. Pandiyan Grama Bank has been sponsored by Indian Overseas Bank and pallavan Gramin Bank has been sponsored by Indian bank.06.What do you mean by Mergers and what are the different kinds of mergers?When two independent units merge together to form a single unit, it is known as merger. The mergers can be vertical merger, horizontal merger, reverse merger, consolidation, amalgamation etc.,07.What do you mean by horizontal merger and reverse merger?When the business functions of two units are identical in nature and when the merger takes place between those units, it is known as horizontal merger. New Bank of India merged with Punjab National Bank and both are banking organizations. Industrial Credit and Investment Corporation of India Limited was instrumental in establishing ICICI bank as per LPG norms and subsequently Industrial Credit and Investment Corporation Limited merged with ICICI Bank and when a parent unit gets merged with an ancillary unit, it is known as reverse merger.08.Which are the top two private sector banks in our country?The top private sector banks in our country are HDFC bank limited and ICICI bank limited09.Whether housing loan is a priority sector advance and if so, upto what amount?Housing loans granted are treated as priority sector advances subject to certain conditions. Loans to individuals up to Rupees 28 lakh in metropolitan centres (with population of ten lakh and above) and loans up to Rupees 20 lakh in other centres for purchase/construction of a dwelling unit per family, are eligible to be considered as priority sector provided the overall cost of the dwelling unit in the metropolitan centre and at other centres does not exceed Rupees 35 lakh and Rupees 25 lakh, respectively. Housing loans to banks’ own employees are not eligible for classification under priority sector.10.Whether educational loan is a priority sector advance?Loans to individuals for educational purposes including vocational courses upto Rupees 10 lakh irrespective of the sanctioned amount are eligible for classification under priority sector.11.What do you mean by micro, small and medium enterprises?The classification is based on original investment in plant and machinery: For micro enterprises, upto Rs. 25 lakhs for manufacturing units and Rupees 10 lakhs for service units; For small enterprises, for manufacturing units above Rupees 25 lakhs and upto Rs. 5 crores and for service units above Rupees 10 lakhs and upto Rupees 2 crores; For medium enterprises, for manufacturing units above Rupees 5 crores and upto 10 crores and for service units above Rupees 2 crores and upto Rupees five crores12.What do you mean by KYC and name any two important documents which are obtained as per KYC?KYC means know your customer guidelines and these guidelines were prescribed by RBI for new customers who are willing to open accounts with commercial banks and according to KYC, any new customer who is willing to open accounts with commercial banks should submit the photocopy of anyone of the following namely; driving licence, voter id card, AADHAARA card, passport as address proof and photocopy of anyone of the following namely; driving licence, voter id card, AADHAAR card, passport, pancard as identity proof. KYC is antimony laundering device.13.What is the present repo rate and reverse repo rate?The present repo rate is 6.25% and reverse repo rate is 5.75%14.In the case of MICR code, the middle three digits represent what?MICR code consists of nine numerical digits and the middle three numerical digits represent bank name15.PAN number consists of how many alpha characters?PAN number consists of ten digits. The first three alpha characters are random alphapetical characters between AAA to ZZZ; next one alpha character represents the category of the cardholder; the next one alpha character represents the first character of the name of the cardholder; the next four numerical digits are auto generated sequential numbers and the last one single alpha character is a check digit.16.What do you know by biometric automated teller machines?In the case of automated teller machines, the four digit numerical PIN number is used for performing transactions using debit card and credit card. In the case of biometric automated teller machines, instead of PIN numbers, anyone of the following body parts is used – left hand thumb impression; eye retina and voice recognition. In India, the left hand thumb impression is the accepted mode and these kinds of automated teller machines are known as green label automated teller machines.17.What is the criteria by which a bank is considered as largest bank?For the purpose of ranking, a bank is considered to be largest or smallest taking into consideration the business position of the bank; namely – the total deposits and total advances as at the end of March each year.18.What do you mean by commercial paper?Commercial papers are issued by well rated organizations for mobilizing funds from the public and other corporate. They are issued at a discount and they are freely negotiable by endorsement and delivery. The minimum maturity period is seven days and the corporate should have earned credit rating equivalent to P2 issued by CRISIL19.What do you mean by FCNR?FCNR means foreign currency non resident accounts. Non resident Indians and Persons of Indian origin are eligible to invest in this deposit. It is a term deposit accepted in the currencies – US dollar, Sterling Pound, Euro, Japanese Yen, Canadian dollar and Australian dollar. The minimum period of deposit is one year and the maximum period is five years and the deposit is held in foreign currencies and the interest earned is free from income tax.20.What do you mean by Escheat?He is a person who dies without leaving any legal heirs and in this case, his estate will revert to the state government.Candidate: 00401.What do you mean by money laundering?Using the banking channel for the purpose of bringing illegal money is known as money laundering.02.What do you mean by subprime lending?Mass lending by commercial banks to the borrowers without ascertaining the credit worthiness of the borrowers03.What is meant by LPG and who is responsible for introduction of LPG strategy in our country?LPG means liberalization, privatization and globalization and this was coined by Dr. Manmohan Singh, the then finance minister of our country. The salient highlights of the Liberalisation, Privatisation and Globalisation Policy in India are: Foreign Technology Agreements; Foreign Investment; MRTP Act, 1969 (Amended); Industrial Licensing; Deregulation Beginning of privatization; Opportunities for overseas trade; Steps to regulate inflation; Tax reforms; Abolition of License -Permit Raj04.What do you mean by PURA?PURA means providing urban amenities in rural areas. This concept was coined by Dr. A.P.J. Abdul Kalam, the then president of India.05.What do you know by current ratio?It is one equation between current assets and current liabilities. This ratio provides the liquidity position of the organization. When the ratio is more than one it is known as positive current ratio and the unit is having sufficient working capital and when it is less than one, the unit is found to have more current liabilities than current assets and the liquidity position is found to be very weak.06.What do you know about negotiable instruments act?In India, the negotiable instruments act was passed during 1881 which came into force with effect from March 01, 1882. Negotiable instruments means and include promissory note, bills of exchange and cheque payable to order or bearer. Promissory note, bill of exchange, cheque and demand draft are negotiable instruments.07.What do you know by MICR?MICR means magnetic ink character recognition. MICR code is available in MICR bank at the bottom of the cheque or demand draft. It consists of nine numerical digits of which the first three digits represent the centre/city; the middle three digits represent the bank and the last three digits represent the branch of the bank.08.When it comes to rural lending, which are all considered to be priority sector advances?When it comes to rural lending, the loans granted to the following are considered to be priority sector advances – Loans granted to all agriculture related activities; self help group; Differential rate of interest; Loans to SC/ST beneficiaries; Loans provided to doctors for setting up clinics in rural areas; Loans to dealers in fertilizers and pesticides; loans to dealers of springler irrigation and drip irrigation equipments etc.,09.Who is called as an authorized dealer?Authorised dealer is at present known as authorized person. Authorised person is an individual or organization permitted to deal in foreign exchange business in the country.10.What do you know by financial inclusion?Financial inclusion means the following: Providing formal banking services to poor people in urban and rural areas; Promoting the habit of money savings, insurance, pension-investment among poor people; Helping the people in getting loans at reasonable rates from commercial banks so that they do not become victims to local moneylenders11.What are the important initiatives taken through financial inclusion in the country?The following are the important initiatives taken through financial inclusion in our country: Lead banking scheme; No frill accounts; Basic savings bank deposit accounts; JANDHAN accounts; business correspondent and business facilitator facilities; Swabhiman campaign;12.What do you mean by MCLR?MCLR replaces the base rate system. RBI introduced the system with effect from 01.04.2016 in order to determine the base rate by commercial to improve the efficiency of monetary policy transmission. All rupee loans sanctioned and credit limits renewed with effect from 01.04.2016 to be priced with reference to MCLR and it will be an internal benchmark for the banks. It consists of marginal cost of funds, negative carry on account of CRR, operating costs and tenor premium. The marginal cost of funds consists of two components namely; marginal cost of borrowings and return on networth13.What are the major money market instruments?Certificate of deposits; Commercial paper; Inter Bank participation certificates; iner bank term money; Treasury bills; Bills rediscounting and call/notice money14.What are the differences between NEFT and RTGS?Both are two categories of online remittance facilities through CBS enabled branches of commercial banks. The minimum balance that can be sent through RTGS is Rupees two lakhs whereas in the case of NEFT, there is no such limit. The beneficiary gets his funds at real time and it means instantaneously without any loss of time. In the case of the beneficiary gets his funds in between batches15.Who is deciding the rate of interest for savings deposit accounts?Rate of interest for savings deposits is decided by respective commercial banks only and RBI has permitted full freedom in this connection.16.Who cannot open savings deposit accounts?Proprietorship concerns, partnership firms, limited liability partnership firms, private limited companies and public limited companies are not permitted to open savings accounts17.What is meant by memorandum of association?Memorandum of association is the parent document for any company whether it is a private limited company or private limited company. It contains the details of formation of the company, policies, objectives, registered office and more.18.What is known as power of attorney?Power of attorney is an authorization given by one person called as principal in favour of another person called as an agent authorizing the agent to perform certain activities on behalf of the principal and it can be specific power of attorney or particular power of attorney.19.In which currencies FCNR accounts can be opened in our country?FCNR account can be opened in the following currencies namely; US dollars, Sterling Pounds; Euro; Japanese Yen; Australian dollars and Canadian dollars.20.What are the differences between NRE and FCNR?NRE and FCNR accounts are opened by non resident Indians and Persons of Indian Origin in India. NRE accounts are to be opened in rupees whereas FCNR is opened in foreign currencies. NRE accounts can be opened in the form of savings account, current account, reinvestment deposit and fixed deposit whereas, FCNR account is permitted to be opened as fixed deposit or reinvestment deposit. NRE term deposits can be opened for a minimum period of seven days and maximum period of ten years. FCNR accounts can be opened for a minimum period of one year and maximum period of five years.Candidate: 00501.What do you mean by masala bonds?Masala bonds are the bonds issued for rupee denominated borrowings by Indian companies in overseas markets02.What do you mean by secondary market in our country?Secondary market pertains to capital market and it is also known as stock exchange or old issues market. Shares, debentures and bonds can be bought and sold from the stock exchange through registered brokers.03.What do you mean by fund based limits and non fund based limits?The loans provided to the borrowers in the form of term loans, overdrafts, cash credits and bills discounting limits are known as fund based limits since funds are released to the borrowers. Guarantees and letter of credits are non fund based limits since no funds are provided for the time being since they are contingent liabilities.04.What do you mean by off balance sheet items?Guarantees, letter of credits and bills sent for collection for which proceeds are yet to be realized are known as off balance sheet items05.What do you mean by closed ended scheme?This is one form of mutual fund scheme. Like initial public offer, the scheme is open for a certain period only and after which the public cannot invest their amount in the units under this scheme.06.What do you mean by open ended scheme?This is one mutual fund scheme and the units under scheme can be purchased and sold at any time07.What do you mean by overdraft facility granted by a bank?Overdraft is a facility granted by the banks towards meeting the working capital requirements of a borrower. This is provided by means of credit limit over and above the current account balance and the borrower has to pay the interest as and when due.08.What do you mean by collateral security?Collateral security is an additional security provided by the borrower in addition to the primary security. For example, in the case of vehicle loan, the car purchased out of loan is known as the prime security and the insurance policy obtained by the bank from the borrower for the sanction of this loan is known as collateral security.09.In regard to educating a customer, what are the different kinds of information boards displayed in a bank branch?The following boards are available in the bank branches – Working hours and business hours; Interest rates on various deposits; Interest rates for loans; Service charges; Time norms for various services; Details of schemes available in the branch10.Who is the present RBI Governor?The present governor of RBI is Shri Urjit Patel and he is functioning as the governor of RBI since 04th September, 201611.What do you mean by unclaimed deposits?The deposits which are not in operation for more than ten years are known as unclaimed deposits. For the purpose of this classification, the customer induced transactions are only taken into account.12.How many regional centres are available for RBI in the country?Reserve Bank of India has four regional centres at the following places – Chennai, Kolkatta, New Delhi and Mumbai.13.What do you mean by white label automated teller machines?The automated teller machines which are maintained and managed by non bank entities are known as white label automated teller machines. In our country TATA Indicash and Muthoot finance are having such machines installed at various centres.14.What are the advantages of CTS?CTS means cheque truncation scheme. This is used for clearing purpose. Normally commercial banks used to send the physical cheques through their15.What do you mean by certificate of deposits?Certificate of deposits are issued by scheduled commercial banks (except Regional Rural Banks) and all financial institutions within their umbrella limits. Individuals, corporate, companies, trusts, funds and associations can invest in certificate of deposits and they are issued for a minimum period of seven days and maximum period of twelve months in the case of commercial banks and in the case of financial institutions the minimum period is one year and maximum three years, Minimum amount for investment is Rupees one lakh and in multiples of Rupees one lakh.16.RBI is called by which names – mention four names?RBI is called by the following names – banker to banker; lender of the last resort; custodian of banks; banker to government;17.What do you mean by ways and means advances?Ways and means advances were introduced as per an agreement between Reserve Bank of India and Government and they are temporary overdraft facilities provided by RBI to central government and state governments and the purpose is to bridge the time interval of mismatch the government expenditure and receipts. The duration of the limit is ten days for central government and 14 days for state government departments.18.Who is banking ombudsman and by whom he is appointed?Banking Ombudsman is an arbitrary authority who resolves the complaints received from the customers of commercial banks in regard to bank related issues.19.What do you mean by EEFC account?Exchange Earner’s Foreign Currency account is an account maintained in an account maintained in foreign currency with an authorized dealer ; i/e/ a bank dealing in foreign exchange. Professionals, exporters, trainers etc., who are in receipt of foreign exchange for the services extended by them in foreign countries can invest the amount in EEFC account and the account will be in the form of current account and no interest is paid for the balance held in EEFC account.20.What do you know by NBFC?NBFC means non banking finance companies. It is a company registered under Indian Companies act 1956 and presently 2013 engaged in the business of providing loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire purchase, insurance business, chit fund business etc.,Candidate: 00601.What do you mean by arbitrage?It is the process of purchase of one security from one market and selling the same security for earning a profit at the same time at another market.02.What do you mean by Bonus shares?It is the free allotment of shares in certain proportion to the existing shares held by the shareholders of a company and this is a means of providing reward to the investors for their contribution to the growth of the organization by capital investment03.What do you mean by Bull?It is a term given to a speculator on stock exchange who buys the securities in expectation of a rise in the prices. The market is called as bullish when there is a domination of buyers over the sellers04.What is known as dematerialization?Dematerialisation is the process by which shares in the physical form are cancelled and they are issued in electronic form. The certificates are known as demat shares. This process eliminates the time and manpower involved in transfer and registration of shares from the seller to the buyer05.What do you mean by moorat trading?It is the auspicious trading on a special day, say Diwali during some specified hours.06.What do you mean by rights issue?It is the issue of new shares to the existing shareholders in a fixed ratio to those already held at a price which is generally below the market price of the old shares.07.What do you mean by futures?It is a standard contract issued on an agreement to buy or sell an asset at a certain price at a certain time in future. It is an obligation on the buyer to purchase the underlying instrument and the seller to sell it.08.What do you mean by forward?The forward is a contract that is traded off the stock exchange and it is self regulatory and has certain flexibility unlike future which are traded at stock exchange only and it do not have flexibility of quantity and quality of commodity to be delivered and these are regulated by Securities Exchange Board of India, Reserve Bank of India or other agencies.09.What do you mean by factoring?Factoring is an arrangement in which short term domestic receivables on sale of goods or services are sold to a company called as factor and this scheme came into existence during 1991 based on the report of Kalyanasundaram Committee10.What do you mean by forfeiting?Forfaiting represents the purchase of obligations, which fall due at some future date and arise from the delivery of goods in export transactions, without recourse to the previous holder of the obligations.11.What do you mean by leasing?A lease is a contract where the owner of the assets transfers the right to another person to use the assets against the payment of fixed lease rentals. In the case of one lease contract, there are two parties namely – the lessor or the owner and the lessee or user. The lessor remains owner and the leased property remains with the possession of the lessee.12.What do you mean by debt market?It is a market wherein the debt instruments are issued to the public by any company for investment and such debt instrument bears a fixed interest rate payable half yearly on specific dates and principal amount repayable on particular date on redemption. Debentures are normally secured/charged against the asset of the company in favour of debenture holder. The following are some debt instruments – debenture; bond; zero coupon bond; convertible bond; security receipts etc.,13.What do you mean by greenshoe option?It is an option provided by Securities and Exchange Board of India to a company which is coming out with one initial public offer to the public. By this option, the company can retain certain portion of the applications received through IPO in case of oversubscription.14.What do you mean by equity market?Equity market consists of investment by the public in different kinds of shares issued by the company and by subscribing for the shares, the investors are expressing their willingness to stand as owners of the company. The equity market consists of equity shares, preference shares, rights shares, bonus shares etc.,15.What do you mean by sweat equity?Directors and employees contribute intellectual property rights to the company in the form of providing technical know-how captured by way of research or contributed by way of strategy software developed for the company or adding profit and economic value. To compensate the directors and employees, the concept of sweat equity has come into existence.16.What do you mean by participatory notes?A participatory note is a financial derivative instrument issued against an underlying security and it allows the holder, to get dividend or capital gains earned from the underlying security although some of the holders may not be eligible to trade in stock markets in India.17.What do you mean by book building?Book building is the process to assess the demand for a particular public issue of various prices, based on which the issue is priced and sold to the investors.18.What do you mean by sensex?It is a stock market index provided by Bombay Stock Exchange for the information of the investors. The positive or negative variation in the index provides an insight for investment or dis-investment to the general public and especially the investors in the stock market. It is based on the market capitalization of top thirty shares earmarked by BSE19.What do you mean by Nifty?It is a stock market index provided by National Stock Exchange for the information of the investors. The positive or negative variation in the index provides an insight for the investment or dis-investment to the general public and especially the investors who are participating in stock market trading. It is based on the market capitalization of top fifty shares earmarked by NSE20.What do you mean by swap?A swap is a contract that binds two counterparties to exchange the different streams of payments over the specified period at specified rate.