Description
Rand Merchant Bank Past Questions and Answer
Rand Merchant Bank’s past questions and answers 2023 contains hundreds of recent Rand merchant’s bank test questions including some newly updated tests.
Rand Merchant Bank study pack is all you would need to fully prepare for the test. Sharpen your problem-solving skills and gain invaluable strategies to ace the test, both at the online test stage and at the verification assessment center.
About Rand Merchant Bank
Rand Merchant Bank Nigeria Limited (RMBN) was licensed by the Central Bank of Nigeria (CBN) in 2012 and began formal operations in 2013.
The vision and primary business objective of the bank is to create sustainable value, innovative solutions and superior economic returns for their clients and shareholders in Africa and beyond.
They have an extensive pool of investment banking talent, including fixed income, currency and commodities experts who understand the Nigerian and broader African landscape. Their knowledge of local financing requirements, legal and jurisdictional frameworks, together with the expertise and financial strength of FirstRand Bank, enables them service the needs of their clients in the rapidly expanding Nigerian economy.
Rand Merchant Bank Test format
You should expect the following:
-
- Quantitative reasoning section: GMAT style
- Verbal reasoning: Comprehension passage, analogy and sentence completion, etc
- General Knowledge Section: IQ tests and Diagrammatic reasoning
- IF SUCCESSFUL, YOU WRITE A 30 MINUTES ESSAY.
Sample Questions for Rand Merchant Bank Aptitude Test
NUMERICAL REASONSING TEST
Question: If a train travels 300 kilometers in 5 hours, what is its average speed in kilometers per hour?
A) 40 km/h
B) 50 km/h
C) 60 km/h
D) 70 km/h
Answer:C) 60 km/h
Question: A company’s profit increased from $50,000 to $70,000 in one year. What is the percentage increase in profit?
A) 20%
B) 25%
C) 30%
D) 40%
Answer:D) 40%
Question: If a recipe requires 2 cups of flour and you want to make half of the recipe, how many cups of flour do you need?
A) 0.5 cups
B) 1 cup
C) 1.5 cups
D) 2 cups
Answer:B) 1 cup
Question: A garden is 15 meters long and 10 meters wide. What is the perimeter of the garden?
A) 35 meters
B) 50 meters
C) 60 meters
D) 70 meters
Answer:B) 50 meters
Question: If a cell phone plan costs $30 per month and you have it for 6 months, what is the total cost?
A) $120
B) $150
C) $180
D) $210
Answer:C) $180
Question: A store sells a shirt for $25, which is 20% less than its original price. What was the original price of the shirt?
A) $25
B) $30
C) $31.25
D) $40
Answer:C) $31.25
Question: If a bicycle wheel has a diameter of 26 inches, what is its circumference?
A) 52π inches
B) 78π inches
C) 81.68 inches
D) 104π inches
Answer:B) 78π inches
Question: A company’s revenue is $120,000 and its expenses are $80,000. What is the company’s profit?
A) $40,000
B) $60,000
C) $80,000
D) $100,000
Answer: A) $40,000
Question: If ashirt originally costs $40 and is on sale for 30% off, what is the sale price?
A) $10
B) $25
C) $28
D) $30
Answer: C) $28
Question: A car travels 240 miles in 4 hours. What is its average speed in miles per hour?
A) 50 mph
B) 60 mph
C) 70 mph
D) 80 mph
Answer:B) 60 mph
Question: A rectangular garden is 12 meters long and 8 meters wide. What is its area in square meters?
A) 80 sq. meters
B) 96 sq. meters
C) 100 sq. meters
D) 120 sq. meters
Answer:B) 96 sq. meters
Question: If a bookshelf has 5 shelves and each shelf can hold 10 books, how many books can the bookshelf hold?
A) 25 books
B) 40 books
C) 45 books
D) 50 books
Answer:D) 50 books
Question: A pizza is divided into 8 equal slices. If 3 people each eat 2 slices, how many slices are left?
A) 1 slice
B) 2 slices
C) 3 slices
D) 4 slices
Answer:B) slices
VERBAL REASONING TEST
Question: Choose the antonym for “Generous”:
A) Kind
B) Stingy
C) Giving
D) Charitable
Answer:B) Stingy
Question: Identify the correct spelling:
A) Recieve
B) Recieve
C) Receive
D) Recive
Answer:C) Receive
Question: Choose the word that is closest in meaning to “Confident”:
A) Shy
B) Arrogant
C) Insecure
D) Sure of oneself
Answer:D) Sure of oneself
Question: What is the plural form of “Mouse” (the small mammal)?
A) Mouses
B) Mice
C) Meese
D) Mousen
Answer:B) Mice
Question: Select the word that does not fit the context:
A) Pen
B) Paper
C) Chair
D) Pencil
Answer:C) Chair
Question: What is the synonym for “Voracious”?
A) Small
B) Hungry
C) Slow
D) Tasty
Answer:B) Hungry
Question: Identify the correct idiom:
A) Break a leg
B) Break a hand
C) Break a foot
D) Break a nose
Answer: A) Break a leg
Question: What is the meaning of “Innocuous”?
A) Harmless
B) Dangerous
C) Confusing
D) Evil
Answer:A) Harmless
With this study pack, you will get access to the latest information on the tests, as well as familiarize with the format and style of the questions.
Some Frequently Asked Questions About Rand Merchant Bank Aptitude Test 2024
Q: Can I take the test on my phone?
A: We strongly advise against using your phone for the test. Using your phone can result in your test
being terminated when calls or SMS come in during the test as this can be considered suspicious
activities (see the question on suspicious activities for more details).
Q: Can I take the test more than once?
A: You are only allowed to take the test only once. If you take the test more than once, it is only your
score from the first attempt that will be recorded.
Q: Is the test timed?
A: Yes. All tests have a time duration in which they must be completed. Once the duration is
reached, the test will be terminated, and your score recorded and submitted.
Q: What if I mistakenly end the test before I am done?
A: Once a test is submitted or closed, it will be assumed that the test has been completed and
submitted.
Q: Would I be allowed to retake the test if my test automatically ended because of network or
internet issues?
A: No, you would not be allowed to retake the test. You are advised to make sure you have quality
internet service to avoid this.
Q: Would I be allowed to use the calculator on my system for the test for mathematical questions?
A: Opening another app on your device while taking the test is considered an unusual behaviour so
we advise you have a physical calculator for the test.
Q: My test just ended. I don’t know what happened. What should I do?
A: Your test can be terminated for several reasons – internet connection, suspicious behaviour, or test
time elapsed.
Please ensure you have good and reliable internet before starting the examination to prevent
termination due to poor internet connection.
If you perform five (5) suspicious activities, your test will be terminated. Every time a suspicious
activity is noticed, you will get a warning. By the fifth (5th) warning, your test will be terminated.
Q: What are suspicious activities?
A: Your test will be terminated if you perform five (5) suspicious activities. The following activities are
considered suspicious activities /unusual behaviour:
˗ Minimizing the browser.
˗ Resizing the browser.
˗ Opening a new tab.
˗ Opening a new program.
˗ Take a screenshot. (Desktop)
˗ Pressing Ctrl + C.
˗ Pressing Ctrl + V.
˗ Pressing Print Screen.
˗ Pressing F12.
Loveth –
Thank you for speedy delivery and support. I am hoping for the best!
Dania John –
This is good. Timely delivery. Although I wasn’t pre informed that my email is the password. Documentation should be improved on.
Sandra Leonard –
Good material. But would have been better if the questions were well separated from the answers for proper and independent preparation. Kindly work on that. Thanks