DBS Bank Officer Interview Questions and Answers

Q1. How many nominee required to open account
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Q2. Soild note how to identify
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Solid notes can be identified by their clear and concise information, organized structure, and relevance to the topic.
• Look for notes that are well-organized with headings, bullet points, or numbered lists.

• Check if the notes contain key information related to the topic or subject matter.

• Solid notes should be easy to read and understand, with important points highlighted or emphasized.

• Avoid notes that are messy, disorgan...read more
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Q3. What the difference between Repo rate & reverse repo rate
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Repo rate is the rate at which the central bank lends money to commercial banks, while reverse repo rate is the rate at which commercial banks can park their excess funds with the central bank.
• Repo rate is used by the central bank to control inflation and liquidity in the economy.

• Reverse repo rate is used by the central bank to absorb excess liquidity from the market.

• Repo rate is higher than reverse repo rate.

• Example: ...read more
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Q1. Difference between cheque and dd
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Cheque is a negotiable instrument where the payment is made directly from the payer's account, while a demand draft is a prepaid instrument where the payment is guaranteed by the issuing bank.
• Cheque is drawn by the account holder on his own account, while a demand draft is issued by the bank on behalf of the payer.

• Cheque can bounce if there are insufficient funds in the account, while a demand draft is prepaid and guar...read more
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Q2. About Mutual funds
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There was only 1 written MUltiple choice questions based aptitude test conducted with 25 questions.

Q1. Package related negotiation and benefits discussion
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Q1. Genral quations for Banking Culture And Branch Banking quations
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Q2. Genral quations about Banking
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