Deutsche Bank
300+ Interview Questions and Answers
Q1. In a marathon, the each athlete is assigned a number, you see 5 of them with the following numbers: 2, 10, 40, 50, 200, 250……can you guess the total number of runners in the race?
Using the given numbers, estimate the total number of runners in a marathon.
The numbers given are likely bib numbers assigned to runners.
Look for patterns or gaps in the numbers to estimate the total number of runners.
Consider the size of the event and typical number of participants in marathons.
Assuming no duplicates, the highest number gives a rough upper bound on the total number of runners.
Q2. A 10x10x10 cube is made up of 1x1x1 cubes. Its outer surface is painted red and then big cube is dismantled into smaller cubes. How many cubes are there with none of their faces painted red?
A 10x10x10 cube is dismantled into smaller cubes. How many have none of their faces painted red?
The outer layer of the big cube has 8x8x8 cubes painted red
The number of cubes with at least one red face is 6x6x6
The number of cubes with no red faces is 10x10x10 - (8x8x8 - 6x6x6)
You have been given an integer array/list(ARR) of size N. Where N is equal to [2M + 1].
Now, in the given array/list, 'M' numbers are present twice and one number is present only once.
You need to fi...read more
You are given an unsorted array/list 'ARR' of 'N' integers. Your task is to return the length of the longest consecutive sequence.
The consecutive sequence is in the form ['NUM', 'NU...read more
There are ‘N’ stations on the route of a train. The train goes from station 0 to ‘N’ - 1. The ticket cost for all pairs of stations (i, j) is given where ...read more
You are given an array 'ARR' of 'N' positive integers. You need to find the minimum number of operations needed to make all elements of the array equal. You can perform addition, mul...read more
Recently Ninja has been learning about a new Ninja Technique to cross a field with landmines. The field is in the form of a rectangular matrix of size M x N, having ...read more
You have been given a binary matrix ‘MAT’ of size ‘N’ * ’N’. Let ‘i’, ’j’ denote the row and column of the matrix, respectively. If ‘MAT’[i][j] is equal to 0, flip every 1 in the ‘i’th row and ‘j...read more
You are given a number 'N' in the form of a string 'S', which is a palindrome. You need to find the greatest number strictly less than 'N' which is also a palindrome.
Note:
1. A palindro...read more
Given an array of 'N' elements 'OBSTACLES', where each element represents the coordinate of the obstacle on a straight line. We start jumping from point 0 and we need to reach the end of the line ...read more
Alok has three daughters. His friend Shyam wants to know the ages of his daughters. Alok gives him first hint.
1) The product of their ages is 72.
Shyam says this is not enough information Alok gives him ...read more
Q12. What is the general outlook on Indian IT sector? Growth drivers and challenges? What are your stock picks and make a short pitch on the investment rationale?
Indian IT sector has a positive outlook with growth drivers like digital transformation and cloud adoption, but faces challenges like talent shortage and increasing competition.
Growth drivers include digital transformation, cloud adoption, and increasing demand for automation and AI solutions.
Challenges include talent shortage, increasing competition from global players, and regulatory changes.
Stock picks include TCS, Infosys, and Wipro, which have strong financials and a tra...read more
You have been given an array 'ARR' of ‘N’ integers. You have to find the minimum number of jumps needed to reach the last index of the array i.e ‘N - 1’ if at any index ‘i’ we can jump to an index ‘i +...read more
Q14. Can some work you did at Microsoft be used in DB (I wasn’t at all expecting this but thought and found that an algo I designed could be applied to a problem in the stock market domain)?
Yes, an algorithm I designed at Microsoft can be applied to a problem in the stock market domain.
I designed an algorithm at Microsoft that can be used in the stock market domain
The algorithm can be applied to solve a specific problem in the stock market
The work I did at Microsoft has potential applications in the financial industry
You are given an integer 'N' denoting the size of a 'N' * 'N' matrix. Initially, each cell of the matrix is empty. You are also given an integer 'K' denoting the number of tasks. In each task, ...read more
You are given a positive integer ‘N’. Your task is to print all prime numbers less than or equal to N.
Note: A prime number is a natural number that is divisible only by 1 and itself. Example ...read more
You are given a string 'STR'. The string contains [a-z] [A-Z] [0-9] [special characters]. You have to find the reverse of the string.
For example:
If the given string is: STR = "abcde". You hav...read more
You are given two linked lists representing two non-negative numbers. The digits in the linked list are stored in reverse order, i.e. starting from least significant digit (LSD) t...read more
Q19. 1. Print numbers from 1 to 100 without using any loop ? 2. How do you take out duplicate values from array without using any set ? if you iterate the array and take out unique values , how do you do it for 2lak...
read moreAnswers to interview questions for Senior Automation Engineer
1. Using recursion to print numbers
2. Using nested loops to compare each element
3. Alert is a pop-up window while verify is a method to check if an element is present
4. Verify will continue the test even if the assertion fails
5. A class that can only have one instance at a time
6. Use explicit wait on the flag element
You have been given two strings 'STR1' and 'STR2'. You have to find the length of the longest common substring.
A string “s1” is a substring of another string “s2” if “s2” contains the ...read more
Q21. If an ant had to travel along the walls, what is the minimum distance between the opposite ends of a cuboid?
The minimum distance between opposite ends of a cuboid is the length of the diagonal of the cuboid.
To find the diagonal, use the Pythagorean theorem: diagonal = sqrt(length^2 + width^2 + height^2)
The length, width, and height of the cuboid must be known to calculate the diagonal
The ant can travel along any of the three pairs of opposite walls, so the minimum distance is the shortest diagonal
Example: A cuboid with length = 3, width = 4, and height = 5 has a diagonal of sqrt(3^...read more
Q22. If I give you Rs.5000 per month for a year or give you Rs.50000 at the beginning of the year, which is a better deal ?
Receiving Rs.50000 at the beginning of the year is a better deal.
Receiving a lump sum amount at the beginning of the year allows for better investment opportunities.
The time value of money principle suggests that money received earlier is worth more than the same amount received later.
Rs.50000 received at the beginning of the year can be invested in a fixed deposit or mutual fund, earning interest throughout the year.
Rs.5000 per month may not be enough to invest in a profitab...read more
Q23. What would be the length of the shortest path between two diagonally opposite corners of a solid (10X10X10) cube?
The shortest path between two diagonally opposite corners of a solid (10X10X10) cube is the space diagonal.
The space diagonal can be calculated using the Pythagorean theorem.
The formula for the space diagonal is √(a² + b² + c²), where a, b, and c are the lengths of the sides of the cube.
In this case, a = b = c = 10, so the space diagonal is √(10² + 10² + 10²) = √300 ≈ 17.32 units.
You are given an n×n chessboard. Rows and columns of the board are numbered from 0 to ‘n’-1. Cell (r,c) lies at the intersection of row number 'r' and column number ‘c’.
Rook is a chess piece that ...read more
You are given a binary matrix with ‘M’ rows and ‘N’ columns initially consisting of all 0s. 'Q' queries follow. The queries can be of 4 types:
Query 1: 1 R index Query 2: 1 C index Query 3: 2 R ...read more
You are given an ‘M*N’ Matrix, You need to print all possible paths from its top left corner to the bottom right corner if giv...read more
You are given an array “ARR” of 'N' integers and an integer 'K'. You can move from any index 'i' to index 'j' if j ≤ i + K. The cost of moving from one index 'i' to the other index...read more
You are given the number ‘N’. The task is to find the number of ways to represent ‘N’ as a sum of two or more consecutive natural numbers.
Example:
N = 9 ‘9’...read more
Ninja has been given an array/list ‘ARR’ of unknown size and an element ‘TARGET.’ The ‘ARR’ is sorted in ascending order and all the elements of the ‘ARR’ are different. However, t...read more
You are given an array/list ARR consisting of N integers. Your task is to find the maximum possible sum of a non-empty subarray(contagious) of this array.
Note: An array C is a subarray of a...read more
You have given a Singly Linked List of integers, determine if it forms a cycle or not.
A cycle occurs when a node's next points back to a previous node in the list. The li...read more
Given a sequence of numbers ‘ARR’. Your task is to return a sorted sequence of ‘ARR’ in non-descending order with help of the merge sort algorithm.
Example :
Merge Sort Algorithm - Merge sort is a Div...read more
Q33. How did you value Suzlon? Which ratios did you use and why? Rationale behind the growth rates assumed in DCF?
Valued Suzlon using DCF and ratios. Assumed growth rates based on industry trends and company performance.
Used DCF to estimate the intrinsic value of Suzlon based on future cash flows
Used P/E ratio and EV/EBITDA ratio to compare Suzlon's valuation with industry peers
Assumed growth rates based on industry trends and Suzlon's historical performance
Took into account Suzlon's debt levels and interest expenses in the DCF calculation
Adjusted the discount rate based on Suzlon's risk...read more
Q34. You have a decent CPI and are from Maths background so why not go for a
I am passionate about applying my mathematical skills to solve complex problems in the field of analysis.
I believe that my strong mathematical background provides me with a solid foundation for analytical work.
Mathematics has taught me critical thinking, problem-solving, and data analysis skills that are essential for an analyst role.
I enjoy working with numbers and using mathematical models to gain insights and make informed decisions.
My CPI reflects my dedication and hard w...read more
You have been given an undirected graph of ‘V’ vertices (labeled 0,1,..., V-1) and ‘E’ edges. Each edge connecting two nodes (‘X’,’Y’) will have a weight denoting the distance between no...read more
Q36. 1. In your framework how have you and why have used abstract classes and interfaces? 2. Program on reverse string 3. List and set differences 4. Exception handling in selenium 5. findElement and findElements 6....
read moreAnswers to interview questions for Senior Automation Engineer position
Abstract classes and interfaces are used for creating reusable code and implementing polymorphism
Example of abstract class: WebDriver in Selenium
Example of interface: WebElement in Selenium
Reverse string program can be implemented using StringBuilder or char array
List is ordered and allows duplicates, Set is unordered and does not allow duplicates
Exception handling in Selenium can be done using try-catch bl...read more
I don't remember this question precisely but it was somewhat like this:
Two tables were given and he asked me the employee names which were most common in each city.
The tables were like this:
Table 1:...read more
You’re given a stack consisting of 'N' integers. Your task is to sort this stack in descending order using recursion.
We can only use the following functions on this stack S.
is_empty(S) : Tests whe...read more
You have given a Singly Linked List of integers, determine if it forms a cycle or not.
A cycle occurs when a node's next points back to a previous node in the list. The linked list is no ...read more
You need to implement the Stack data structure using a Singly Linked List.
Create a class named 'Stack' which supports the following operations(all in O(1) time):
getSize: Retur...read more
You have been given a singly Linked List of 'N' nodes with integer data and an integer 'K'. Your task is to remove the Kth node from the end of the given Linked List.
For example:
The gi...read more
Q42. A foreign elevator company operating in India is incurring losses. What are the likely issues and how can they be fixed?
Foreign elevator company incurring losses in India. Likely issues and solutions?
Lack of understanding of local market and culture
Competition from established local players
Inefficient supply chain and logistics
Poor after-sales service
Possible solutions include partnering with local companies, improving supply chain, and enhancing after-sales service
Conducting market research to better understand the needs and preferences of Indian customers
You are given a starting position for a rat which is stuck in a maze at an initial point (0, 0) (the maze can be thought of as a 2-dimensional plane). The maze would be given in the form of a squar...read more
Q44. If 2 people are sitting around a round table, and each has to place coins on the table after other does, and the one who places the coin last wins, would you like to go first or second?
Going second is the optimal strategy in this game.
Going second allows you to mirror your opponent's moves and ensure that you place the last coin.
If you go first, your opponent can simply copy your moves and place the last coin.
This game is similar to the game of Nim, where going second is also the optimal strategy.
Diamond problem is when more than one class inherits a class and one class inherits those classes. Ex. Classes B and C inherit class A, and class D inherits classes B and C. If B and C have the ...read more
Q46. If bond fv 100 issued at discount at 98 and giving fixed return @ 10%, then what is actual rate of return is it more or less than 10% and method is used for its calculation what it is called?
The actual rate of return is more than 10% due to the bond being issued at a discount. The method used for its calculation is Yield to Maturity (YTM).
Bond issued at discount means the actual rate of return is higher than the fixed rate.
Yield to Maturity (YTM) is used to calculate the actual rate of return on a bond.
YTM takes into account the bond's current market price, par value, coupon payments, and time to maturity.
Q47. Draw the income statement for a carpenter who buys wood at certain price and sells it at ___ some price? try and mention all the possible expenditures which may happen
Income statement for a carpenter buying and selling wood
Revenue from selling wood
Cost of purchasing wood
Labor costs for carpentry work
Equipment and tool expenses
Transportation costs for wood delivery
Overhead expenses such as rent and utilities
Taxes and other fees
Net income or loss
The interview contained mostly data structures and oops problems. I was asked to implement the node class of linked list and queue using circular array. He also asked me to explain polymorph...read more
Q49. Tell something about Material Science and Engineering?
Material Science and Engineering is the study of materials and their properties, behavior, and applications.
It involves the development of new materials and improving existing ones.
It includes the study of metals, ceramics, polymers, and composites.
Applications include aerospace, electronics, medicine, and energy.
Material scientists and engineers work on designing materials with specific properties for various applications.
Examples of materials studied include carbon fiber, g...read more
Q50. What is the journal entry for capital being introduced in business?
The journal entry for capital being introduced in business involves debiting the cash account and crediting the capital account.
Debit the cash account to increase the cash balance
Credit the capital account to reflect the increase in owner's equity
Journal entry: Cash (Dr) xxx, Capital (Cr) xxx
Q51. Rank the Bonds, CDS and Loans in order of the interest rates they offered?
Ranking of interest rates offered by Bonds, CDS and Loans.
CDS usually offer the highest interest rates due to their higher risk
Bonds offer lower interest rates than CDS but are less risky
Loans typically offer the lowest interest rates as they are secured by collateral
Interest rates can vary depending on the issuer's creditworthiness and market conditions
1. How do you tackle the situation when there is a conflict between you and one of your team members?
Q53. Put in +,-,*,/ between the digits 3,3,8,8 (in any order ) such that the result was 24
Using only 3,3,8,8 and +,-,*,/ operators, make 24.
There are multiple ways to solve this puzzle.
One possible solution is: 8 / (3 - 8/3) = 24
Another solution is: (8 * 3) - (8 / 3) = 24
Remember to follow the order of operations (PEMDAS).
1. What is Deadlock? How this condition occurs and how to resolve it?
2. What is difference between threads and process?
Q55. Estimate your quant score. If you add your quant score to the avg finance score would that be highest overall score?
Answering a question about estimating quant score and overall score in finance.
I estimate my quant score to be X based on my preparation and practice.
Adding my quant score to the avg finance score may or may not result in the highest overall score, as it depends on the scores of other candidates.
However, I am confident in my abilities and believe that I can perform well in both areas.
I am open to discussing my preparation strategies and study habits further if needed.
Explain ETF investment analysis.
Why an inclination to finance?
Professors I like and Dislike in college
Asked me to mention things that I have not highlighted in my resume.
Q57. Why Deutsche Bank over Goldman Sachs or World Quant?
Deutsche Bank offers a unique combination of global reach, diverse expertise, and innovative technology.
Deutsche Bank has a strong global presence with operations in over 60 countries.
The bank has a diverse range of expertise across various sectors including investment banking, corporate banking, and asset management.
Deutsche Bank is committed to innovation and has invested heavily in technology to improve its services and operations.
Goldman Sachs and World Quant may have the...read more
Suppose you have a 3 liter jug and a 5 liter jug (this could also be in gallons). The jugs have no measurement lines on them either. How could you measure exactly 4 liter using only those jugs and as much...read more
Q59. What do mean by trade settlement ? What is T+1 or T+2 cycle ?
Trade settlement refers to the process of transferring securities and funds between parties involved in a trade. T+1 or T+2 cycle refers to the number of days it takes for the settlement to occur.
Trade settlement involves the transfer of securities and funds between parties involved in a trade
T+1 or T+2 cycle refers to the number of days it takes for the settlement to occur
T+1 means the settlement occurs on the next business day after the trade
T+2 means the settlement occurs ...read more
Q60. - Effect of a dividend payout on the financial statements of a parent company if its 50% JV declares a dividend?
A dividend payout by a 50% JV affects the parent company's financial statements through the equity method.
The parent company will record its share of the JV's dividend income as a decrease in the investment account on the balance sheet.
The parent company's income statement will reflect its share of the JV's earnings, including the dividend income.
The parent company's cash flow statement will show an increase in cash from the dividend received.
The dividend payout may also impa...read more
Q61. What is delta? A future on 1000 stocks, what is the delta for this?
Delta is the measure of an option's price sensitivity to changes in the price of the underlying asset.
Delta is a Greek letter used to represent the degree of change in an option's price relative to the change in the price of the underlying asset.
Delta ranges from 0 to 1 for call options and -1 to 0 for put options.
A delta of 0.5 means that for every $1 increase in the underlying asset's price, the option's price will increase by $0.50.
For a future on 1000 stocks, the delta wo...read more
Q62. Why is Chromium added to Stainless Steel?
Chromium is added to stainless steel to enhance its corrosion resistance and improve its strength and durability.
Chromium forms a thin, invisible layer of chromium oxide on the surface of the steel, which prevents rust and corrosion.
Chromium also increases the steel's hardness and toughness, making it more resistant to wear and tear.
Stainless steel with higher chromium content is more resistant to high temperatures and oxidation.
Examples of chromium-containing stainless steel...read more
Q63. What is the journal entry for paying off outstanding liabilities?
The journal entry for paying off outstanding liabilities involves decreasing the liability account and decreasing the cash account.
Debit the liability account to decrease the amount owed
Credit the cash account to show the cash outflow
Example: Debit Accounts Payable and credit Cash for the amount paid
Q64. 1)Diference between depreciation and amortization.3) what are derivatives.
Depreciation is the decrease in value of tangible assets over time, while amortization is the decrease in value of intangible assets over time. Derivatives are financial instruments that derive their value from an underlying asset.
Depreciation applies to tangible assets like buildings, machinery, and vehicles, while amortization applies to intangible assets like patents, copyrights, and trademarks.
Depreciation and amortization are both methods of allocating the cost of an ass...read more
Q65. What is a Brownian motion? Properties of Brownian motion?
Brownian motion is the random motion of particles in a fluid due to collisions with other particles.
Brownian motion was first observed by Robert Brown in 1827.
It is named after the botanist Robert Brown.
The motion is caused by the random movement of fluid molecules.
Brownian motion is a continuous-time stochastic process.
It is often used to model various phenomena in physics, finance, and biology.
Properties of Brownian motion include random walk, Gaussian distribution, and sel...read more
Q66. Why is inflation being talked about these days?
Inflation is being talked about these days due to its impact on the economy and people's lives.
Inflation is a rise in the general level of prices of goods and services over a period of time.
It reduces the purchasing power of money, making goods and services more expensive.
Inflation can be caused by factors such as increased demand, supply shortages, or changes in government policies.
High inflation can erode savings, decrease investment, and lead to economic instability.
Centra...read more
Q67. Explain Fiscal Cliff, Euro-Debt Crisis and the Palestine war
Fiscal Cliff is a term used to describe a combination of tax increases and spending cuts. Euro-Debt Crisis refers to the financial crisis faced by some European countries. Palestine war is a conflict between Israel and Palestine.
Fiscal Cliff: Combination of tax increases and spending cuts in the US
Euro-Debt Crisis: Financial crisis faced by some European countries like Greece, Spain, and Portugal
Palestine war: Conflict between Israel and Palestine over land and political cont...read more
Q68. If company declared dividend but not paid, then its effect on balance sheet of holder of shares?
If a company declares a dividend but does not pay it, the balance sheet of the shareholder will show an increase in their retained earnings and a corresponding decrease in their cash or assets.
The shareholder's equity will increase by the amount of the declared dividend.
The company's liabilities will also increase by the same amount until the dividend is paid.
The shareholder will see an increase in their retained earnings on the balance sheet.
The shareholder's cash or assets ...read more
Difference between Union and Union all
Two tables were present having similar schema containing some common and distinct data I had to write a query to return a table containing all the entries all ...read more
Q70. What is a Martingale? What are Markov Processes? Is Martingale a Markov Process? Are Markov Processes Martingales?
A Martingale is a mathematical concept used in probability theory and statistics. Markov Processes are stochastic processes that satisfy the Markov property.
A Martingale is a sequence of random variables where the expected value of the next variable, given the current and past variables, is equal to the current variable.
Markov Processes are stochastic processes where the future state depends only on the current state and not on the past states.
A Martingale is not necessarily ...read more
The interviewer asked me to design a banking system in which the user can use either the current account(rate of interest 10%) or savings account(rate of interest 7%) and the functions tha...read more
1. Any situation where you showed problem-solving along with team skills?
2. What role do you want in our company?
3. Asked about one achievement mentioned in my resume.
Q73. You have identical ropes of the inconsistent thickness (such that you cannot divide a rope into 2 equal halves). You know for a fact that 1 rope burns in 1 hour. How would you measure 45 minutes by burning rope...
read moreQ74. How would a new litigation liability affect the enterprise value?
A new litigation liability can negatively impact the enterprise value.
Litigation liability can lead to financial losses for the company
It can also damage the company's reputation and affect future earnings
The impact on enterprise value depends on the severity of the liability and the company's ability to manage it
Investors may also perceive the company as riskier, leading to a decrease in stock price
Examples include lawsuits related to product defects, environmental damage, o...read more
Q75. What specific ratios are used to evaluate a manufacturing unit?
Ratios like gross margin, inventory turnover, and return on assets are used to evaluate a manufacturing unit.
Gross margin ratio measures the profitability of the manufacturing unit by comparing the revenue and cost of goods sold.
Inventory turnover ratio measures how efficiently the manufacturing unit is managing its inventory.
Return on assets ratio measures how effectively the manufacturing unit is using its assets to generate profits.
Other ratios like debt-to-equity ratio, c...read more
How does Deadlock occur conditions and how to resolve it.
What is Semaphore and explain with an example?
What happened at back-end when you search a website.
Q77. If an unbiased coin is tossed 5 times, what is the probability of getting 5 heads?
The probability of getting 5 heads in 5 tosses of an unbiased coin is 1/32.
The probability of getting a head on a single toss of an unbiased coin is 1/2.
The probability of getting 5 heads in a row is (1/2)^5 = 1/32.
Each toss is independent of the previous toss, so the probability of getting 5 heads in a row is the same as getting any other sequence of 5 tosses.
Q78. 2) why are prepaid expenses written in th assets side
Prepaid expenses are written in the assets side because they represent future economic benefits.
Prepaid expenses are expenses that have been paid in advance but have not yet been incurred.
They represent future economic benefits that the company will receive.
As per the accounting equation, assets = liabilities + equity, prepaid expenses are recorded as assets.
They are gradually expensed over time as they are incurred.
Q79. Why Deutsche Bank over Credit Suisse?
Deutsche Bank has a stronger global presence and a more diversified business model compared to Credit Suisse.
Deutsche Bank has a larger global footprint with operations in over 60 countries.
Deutsche Bank has a more diversified business model with a strong presence in investment banking, commercial banking, and asset management.
Credit Suisse has been facing legal and regulatory issues in recent years, while Deutsche Bank has been focusing on improving its risk management and c...read more
Your intro. (He was noting down the points)
What do you know about DB?
What do you want to know about me?
He asked for my personal field of interest and what will pursue further?
Then he asked me if I ...read more
Q81. Current Economic scenario- Are you following the euro zone crisis? Give recent updates
Yes, I am following the euro zone crisis closely.
The crisis began in 2009 with Greece's debt crisis and has since spread to other countries in the euro zone.
The European Central Bank has implemented various measures to address the crisis, including quantitative easing and low interest rates.
Brexit has also added to the uncertainty in the euro zone.
Recent updates include the approval of a €750 billion recovery fund to help member states recover from the COVID-19 pandemic.
There...read more
Q82. For a DTH company, how do you recognize revenue for a one-time 2 year compulsory charges, monthly subscription, for the setup, accounting treatment for cancellation before 2 years, cancellation after 2 years in...
read moreQ83. Name 5 companies listed on Nifty?
Nifty is an index of National Stock Exchange of India. It comprises of 50 companies from 13 sectors.
Reliance Industries Limited - conglomerate
HDFC Bank Limited - banking and financial services
Tata Consultancy Services Limited - IT services
Hindustan Unilever Limited - consumer goods
Bharti Airtel Limited - telecommunications
Q84. Is less number of PORs a reason for your CGPA ?
No, the number of PORs is not a reason for my CGPA.
My CGPA is based on my academic performance and not on my extracurricular activities.
While PORs can enhance my resume, they do not directly impact my grades.
I have managed to maintain a good CGPA despite being involved in fewer PORs.
My focus has always been on academics and I have dedicated my time accordingly.
Q85. What is Collateral, type of collateral, Margin call
Collateral is an asset pledged by a borrower to secure a loan. Margin call is a demand for additional collateral.
Collateral is a form of security for lenders in case the borrower defaults on the loan.
Types of collateral include real estate, stocks, bonds, and other assets.
Margin call is a request for additional collateral when the value of the collateral falls below a certain level.
Margin call is common in margin trading, where investors borrow money to buy securities.
If the ...read more
Q86. Puzzle - express JEE rank as xy + yx (put y=1, x = rank - 1)
Express JEE rank as xy + yx (put y=1, x = rank - 1)
JEE rank = 1234 can be expressed as 1221 + 2112
Replace x with rank - 1 and y with 1 to get the answer
For example, if rank = 5, then x = 4 and y = 1, so the answer is 4321 + 1234 = 5555
Q87. Estimate the scope of 4G in India. Is introducing 4G a good idea? (reason)
Introducing 4G in India has a huge scope as it can revolutionize the digital landscape. It is a good idea for faster connectivity.
4G can provide faster internet speeds and better connectivity for mobile devices
It can boost the growth of e-commerce, online education, and digital payments
4G can also improve communication and access to information in rural areas
Examples of successful 4G implementation in India include Jio and Airtel
Overall, introducing 4G in India can have a pos...read more
Q88. Fair Dice Puzzle- A box has n1 red shoes, n2 blue shoes and so on. Min no of draws to ensure same colour
To ensure drawing same color, minimum number of draws is max(n1, n2, ...)
Calculate the maximum number of shoes of a single color
Draw that many shoes to ensure at least one color is repeated
Example: Box has 3 red, 4 blue, 2 green shoes. Minimum draws = 4 (to get 2 blue shoes)
Formula: Min draws = ceil(2/(1 - (max(n1, n2, ...) / total shoes)))
Q89. Mutual fund boughts shares, its journal on trade date and settlement date?
Mutual fund buys shares on trade date and settles on settlement date.
Mutual fund purchases shares on the trade date, which is the date the transaction is executed.
Settlement date is the date on which the mutual fund actually pays for the shares and receives ownership.
The journal entry on the trade date would debit the investment account and credit the cash account.
The journal entry on the settlement date would reverse the initial entry and record the actual purchase of shares...read more
I was asked to write a query to select all the people who are below the age of 75 from a set of people.
Q91. Why not Tower Research (5 min)?
Tower Research does not align with my career goals and interests.
I am looking for a company that aligns with my values and interests
I have researched Tower Research and do not feel it is the right fit for me
I am seeking a company with a strong focus on innovation and collaboration
Tower Research may be a great fit for others, but it is not the right fit for me
Q92. What is Nifty, Sensex?
Nifty and Sensex are stock market indices in India.
Nifty is an index of National Stock Exchange (NSE) and Sensex is an index of Bombay Stock Exchange (BSE).
Nifty comprises of 50 large-cap companies while Sensex comprises of 30 blue-chip companies.
Both indices are used to measure the performance of the Indian stock market.
Investors use these indices to track the overall market sentiment and make investment decisions.
Q93. Difference between call and put option?
Call option gives the holder the right to buy an asset at a specified price, while put option gives the holder the right to sell an asset at a specified price.
Call option is bullish, while put option is bearish
Call option profits when the underlying asset price goes up, while put option profits when the underlying asset price goes down
Call option has unlimited profit potential, while put option has limited profit potential
Examples: Buying a call option on Apple stock gives th...read more
Q94. How do you do a credit appraisal of SME units?
Credit appraisal of SME units involves assessing their financial health, management capabilities, market position, and repayment capacity.
Analyze financial statements, including balance sheets, income statements, and cash flow statements
Evaluate management team and their experience in the industry
Assess market position and competition
Review credit history and repayment capacity
Consider collateral and guarantees
Use credit scoring models and ratios to determine creditworthiness...read more
Q95. -Relevance of EV/EBITDA? Fundamentals behind EV/EBITDA?
EV/EBITDA is a valuation metric used to evaluate a company's financial performance and potential for growth.
EV/EBITDA compares a company's enterprise value (EV) to its earnings before interest, taxes, depreciation, and amortization (EBITDA).
It is useful for comparing companies in the same industry or sector.
A lower EV/EBITDA ratio indicates that a company may be undervalued, while a higher ratio may indicate that a company is overvalued.
EV/EBITDA can be used in conjunction wi...read more
Q96. what do you know about mergers and acquisitions ?
Mergers and acquisitions refer to the consolidation of companies or assets through various financial transactions.
Mergers involve the combination of two or more companies to form a new entity.
Acquisitions involve one company purchasing another company or its assets.
M&A can be friendly or hostile, depending on the willingness of the parties involved.
M&A can result in cost savings, increased market share, and improved profitability.
Examples of notable M&A deals include Disney's...read more
Q97. Guesstimate: Estimate the number of windows in a skyscraper
Estimate the number of windows in a skyscraper
Determine the height and width of the building
Estimate the number of floors and windows per floor
Consider the type of building and its purpose
Take into account any unique architectural features
Assume an average window size and spacing
Consider any visible windows from the exterior
Use online resources for average window-to-floor ratios
Adjust estimate based on personal experience or knowledge
Finalize estimate with a reasonable range
Q98. If the interest rate in the market goes up
If the interest rate in the market goes up
The cost of borrowing increases
Bond prices decrease
Stock prices may decrease
Inflation may decrease
Currency may appreciate
Q99. Fill up numbers from 1-25 in a 5X5 matrix such that each number is average of the adjacent numbers
Fill a 5X5 matrix with numbers 1-25 such that each number is average of adjacent numbers.
Start with the center number and fill the adjacent numbers with consecutive odd numbers
Fill the remaining numbers in a spiral pattern, using the average of adjacent numbers
Check for edge cases and adjust the numbers accordingly
Example: 13 12 11 10 9, 14 3 2 1 8, 15 4 center 6 7, 16 5 18 19 20, 17 22 23 24 25
Q100. A spider in a well climbs up 3m and goes down by 2m in a day. In how many days will the spider come out of the well if the depth of the well is 10m?
More about working at Deutsche Bank
Top HR Questions asked in null
Interview Process at null
Top Interview Questions from Similar Companies
Reviews
Interviews
Salaries
Users/Month