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Umuchinamere Microfinance Bank Past Questions and Answers

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Get the latest   Umuchinamere Microfinance Bank Past Questions & Answers for 2023 online/center assessments.  The pack contains well explained and in-depth guide on how to solve the questions using actual samples from previous exams including screenshots of past tests.

 

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Umuchinemere Procredit Microfinance Bank Nigeria Limited | Umuchinemere Bank

Umuchinamere Microfinance Bank Past Questions and Answers – 2024 Updated 

Umuchinamere Microfinance Bank past questions and answers2024 contains hundreds of recent test questions including some newly updated tests.

Umuchinamere Microfinance 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 Umuchinamere Microfinance Bank

Umuchinemere Procredit Micro Finance Bank Nigeria Limited (UP-MFB), formerly Umuchinemere Community Bank (UCB), was established in 1995 by the Catholic Diocese of Enugu, Nigeria. It started operations precisely on July 22, 1995.

Following a new policy guideline of the Central Bank of Nigeria (CBN), introduced December 15, 2005 by the Federal Government of Nigeria, on establishment of Micro credit financing (that Community Bank changes to Micro Finance Bank), Umuchinemere transformed into Umuchinemere Procredit Micro Finance Bank Nigeria Limited (UP-MFB).

  Umuchinamere Microfinance 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 Umuchinamere Microfinance Bank Aptitude  Test


NUMERICAL REASONING  TEST

Question:If a jacket costs $120 and its price is increased by 25%, what will be the new price?
A $130
B $140
C $150
D $160
Answer:C $150


Question: A company’s revenue for the first quarter was $800,000. If this represents a 20% increase from the previous quarter, what was the revenue for the previous quarter?
(A) $600,000
(B) $640,000
(C) $680,000
(D) $720,000
Answer:B $640,000


Question:A container holds 500 liters of water. If 30% of the water is removed, how many liters of water remain?
A 150 liters
B 250 liters
C 350 liters
D 450 liters
Answer:C 350 liters


Question:The price of a smartphone decreased by 15% from $400. What is the new price?
A $320
B $340
C $360
D $380
Answer:A $320


Question:A car travels 240 miles on 12 gallons of gasoline. What is the car’s miles-per-gallon (MPG) rate?
A 15 MPG
B 18 MPG
C 20 MPG
D 24 MPG
Answer:D 24 MPG


Question: If the cost of 5 books is $75, what is the cost of 12 books at the same price?
A $140
B $180
C $200
D $220
Answer:B $180


Question:A shop sells a shirt at a 30% discount. If the original price was $50, what is the discounted price?
A $15
B $25
C $30
D $35
Answer:A $25


Question:If a train travels at a speed of 80 miles per hour, how far will it travel in 2.5 hours?
A 180 miles
B 200 miles
C 220 miles
D 250 miles
Answer:C 220 miles


Question:The price of a stock increased by 10% on Monday and decreased by 5% on Tuesday. If the initial price was $100, what is the price after Tuesday?
A $95
B $97.50
C $99
D $100.50
Answer:B $97.50


Question: If the area of a square garden is 144 square meters, what is the length of one side of the square?
A 9 meters
B 10 meters
C 12 meters
D 14 meters
Answer:C 12 meters


Question:A store offers a 20% discount on all items. If a customer buys a $60 item, how much will they pay after the discount?
A $40
B $44
C $48
D $52
Answer:B $44


Question: If a recipe requires 2/3 cup of sugar and the entire recipe is doubled, how much sugar will be needed?
A 1/3 cup
B 2/3 cup
C 1 cup
D 1 1/3 cups
Answer:D 1 1/3 cups


Question:A swimming pool is 40 meters long and 20 meters wide. What is its total perimeter?
A 80 meters
B 100 meters
C 120 meters
D 160 meters
Answer:C 120 meters


Question: If a package of pens contains 24 pens and costs $12, what is the cost per pen?
A $0.25
B $0.40
C $0.50
D $0.75
Answer:A $0.25


Question: The population of a city increased from 80,000 to 100,000 in a year. What is the percentage increase?
A 10%
B 20%
C 25%
D 30%
Answer:B 20%


CRITICAL REASONING TEST

Question: A farmer has 10 apples and gives 3 to his friend. How many apples does the farmer have now?
A) 10
B) 7
C) 3
D) 13
Answer:B 7


Question:If all roses are flowers and some flowers fade quickly, can we conclude that some roses fade quickly?
A) Yes
B) No
C) Maybe
D) Not enough information
Answer:B No


Question: If a shirt costs $20 and is on sale for 25% off, what is the sale price of the shirt?
A) $5
B) $15
C) $17.50
D) $25
Answer:C $17.50


Question: Arrange the following words to form a logical sentence: “Quickly / dog / the / the / street / ran / across.”
A) Quickly ran the dog across the street.
B) The dog quickly ran across the street.
C) The quickly dog ran across street the.
D) Across the dog quickly ran the street.
Answer:B The dog quickly ran across the street.


Question: If a bicycle has two wheels, and a tricycle has three wheels, how many wheels does a unicycle have?
A) 1
B) 2
C) 3
D) 4
Answer: A 1


Question: If some doctors are scientists and all scientists are researchers, can we conclude that some doctors are researchers?

A) Yes
B) No
C) Maybe
D) Not enough information
Answer: A Yes


Question: In a group of 30 people, 18 like tea, and 12 like coffee. How many people like both tea and coffee?
A) 6
B) 12
C) 18
D) 24
Answer: A 6


Question: If birds have feathers and can fly, can we conclude that all animals with feathers can fly?
A) Yes
B) No
C) Maybe
D) Not enough information
Answer: B No


Question: A recipe calls for 2 cups of flour, but you only have a 1-cup measuring cup. How many times do you need to use the 1-cup measuring cup to measure the flour?

A) 1 time
B) 2 times
C) 3 times
D) 4 times
Answer: B 2 times


Question: If Mary is older than John, and John is older than Lisa, who is the youngest among them?
A) Mary
B) John
C) Lisa
D) Not enough information
Answer:C Lisa


Question: Arrange the following numbers in ascending order: 8, 3, 12, 6, 1, 9.
A) 1, 3, 6, 8, 9, 12
B) 12, 9, 8, 6, 3, 1
C) 3, 6, 8, 9, 12, 1
D) 12, 8, 9, 6, 3, 1
Answer: A 1, 3, 6, 8, 9, 12


Question:If all mammals have a backbone and a cat is a mammal, can we conclude that a cat has a backbone?
A) Yes
B) No
C) Maybe
D) Not enough information
Answer: A Yes


Question: If 3 pencils cost $6, how much would 5 pencils cost?
A) $5
B) $8
C) $10
D) $15
Answer: B $8


Question: If trees are plants and some plants are green, can we conclude that some trees are green?
A) Yes
B) No
C) Maybe
D) Not enough information
Answer: A Yes


Question: If there are 24 hours in a day and 60 minutes in an hour, how many minutes are there in a day?
A) 240
B) 600
C) 1440
D) 3600
Answer: C 1440


VERBAL REASONING TEST

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 Umuchinamere Microfinance 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.

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