Meristem Securities Aptitude Test
The Meristem Securities Aptitude Test is a strategic evaluation designed to assess the analytical, logical, and critical thinking skills that are fundamental to the financial industry. This test is a vital component of the selection process, enabling Meristem Securities to identify candidates who possess the acumen required to thrive in the dynamic and competitive world of finance.
What to expect (The Test Format)
In this study pack, you will gain the needed confidence to write and pass the Meristem Securities Aptitude test.
The Meristem Securities Aptitude Test covers the following areas
- Numerical Reasoning
- Verbal Reasoning and
- Abstract Reasoning
Why do I need Meristem Past Questions?
Insight into Test Format and Content
Meristem Past Questions offer you a unique window into the test format and the types of questions that have appeared in previous assessments. By immersing yourself in these questions, you gain a deeper understanding of the structure, question styles, and specific concepts that the test aims to evaluate. This insight is invaluable as you tailor your preparation to align seamlessly with the test’s demands.
Realistic Test Simulation
One of the most significant advantages of practicing with Meristem Past Questions is the opportunity to simulate the actual test experience. By adhering to time constraints, working through questions under simulated test conditions, and replicating the pressure of the real test environment, you build the confidence and composure needed to excel on the actual test day.
Strengthened Problem-Solving Skills
Meristem Past Questions challenge your analytical thinking, numerical proficiency, and logical reasoning abilities—essential skills in the world of finance. Regularly engaging with these questions sharpens your cognitive faculties, enhancing your ability to dissect complex financial scenarios, derive logical conclusions, and offer strategic insights.
Identification of Strengths and Weaknesses
As you work through Meristem Past Questions, you’ll gain a clearer picture of your areas of strength and those that require improvement. This self-assessment is a powerful tool that enables you to tailor your study efforts effectively. By dedicating more time to refining your weaker areas and reinforcing your strengths, you optimize your overall test performance.
Elevating Confidence
Approaching an assessment as significant as the Meristem Aptitude Test can be overwhelming. However, the more you engage with Meristem Past Questions, the more your confidence grows. Armed with the knowledge that you’ve dedicated time and effort to mastering the intricacies of the test, you enter the assessment with the assurance of a well-prepared candidate.
Sample Questions on Meristem Aptitude Test
Numerical Reasoning
1. If a company’s revenue increased by 15% from January to February and then decreased by 10% from February to March, what was the overall percentage change in revenue from January to March?
a) 4.5%
b) 5.5%
c) 6.5%
d) 7.5%
Answer: a) 4.5%
2. A car travels at an average speed of 60 kilometers per hour for the first half of a trip, and then increases its speed to 80 kilometers per hour for the second half. If the total travel time is 5 hours, what is the total distance of the trip?
a) 200 km
b) 240 km
c) 250 km
d) 300 km
Answer: c) 250 km
3. If the price of a stock increased by 25% in the first month, decreased by 15% in the second month, and then increased by 10% in the third month, what is the net percentage change in the stock price over the three-month period?
a) 15.25%
b) 15.75%
c) 16.25%
d) 16.75%
Answer: b) 15.75%
4. A rectangular garden is 12 meters long and 8 meters wide. If a path of uniform width is built along the perimeter of the garden, occupying an area of 96 square meters, what is the width of the path?
a) 2 meters
b) 3 meters
c) 4 meters
d) 5 meters
Answer: c) 4 meters
5. In a savings account, the interest is compounded annually at a rate of 5%. If you initially deposit $1,000, how much money will you have in the account after 3 years?
a) $1,150
b) $1,157.50
c) $1,250
d) $1,250.25
Answer: b) $1,157.50
6. A factory produces 500 units of a product in 8 hours. If the production rate remains constant, how many units will the factory produce in 15 hours?
a) 875 units
b) 937.5 units
c) 1,000 units
d) 1,125 units
Answer: a) 875 units
7. The ratio of boys to girls in a class is 3:5. If there are 36 students in the class, how many girls are there?
a) 15 girls
b) 18 girls
c) 20 girls
d) 25 girls
Answer: b) 18 girls
Verbal Reasoning
1. Identify the synonym of “Eloquent”:
a) Silent
b) Talkative
c) Articulate
d) Confusing
Answer: c) Articulate
2. Which of the following words is an antonym of “Cautious”?
a) Careful
b) Reckless
c) Wary
d) Vigilant
Answer: b) Reckless
3. Choose the sentence with the correct subject-verb agreement:
a) The group of students is excited about their field trip.
b) The group of students are excited about its field trip.
c) The group of students am excited about my field trip.
Answer: a) The group of students is excited about their field trip.
4. Rearrange the following words to form a grammatically correct sentence:
“Yesterday / to the park / Sarah / with her friends / went.”
Answer: Yesterday, Sarah went to the park with her friends.
5. Identify the correct spelling:
a) Occassion
b) Occasion
c) Ocasoin
d) Occasoin
Answer: b) Occasion
6. Which of the following is a compound sentence?
a) The cat slept.
b) The dog barked and the cat meowed.
c) While it rained, the dog stayed indoors.
d) The bird sang sweetly.
Answer: b) The dog barked and the cat meowed.
7. Choose the best word to complete the analogy:
Shoe : Foot :: Glove : ______
a) Hand
b) Finger
c) Head
d) Leg
Answer: a) Hand
Abstract Reasoning
1.
Answer: D
2.
Answer:C
3.
Answer: C
4.
Answer: B
What is the Meristem Aptitude Test grading system?
The Meristem Securities Aptitude Test grading system is a system used to evaluate the performance of candidates who take the aptitude test. The grading system is based on a scale of 0-100, with 50 being the minimum score required to pass the test.
About Meristem Securities Limited
Meristem Securities Limited is a Nigerian Capital Market Conglomerate regulated by the Securities and Exchange Commission (SEC) based in Lagos State, Nigeria. Formerly known as Great Africa Securities Limited founded in 2003, the company had a change of name to Meristem in 2005. The company has six subsidiaries; Meristem Stockbrokers, Meristem Wealth, Meristem Registrars and Probate Services, Meristem Capital, Meristem Trustees and Meristem Finance.
The company name is the word meristem, the tissue in most plants containing undifferentiated “meristematic cells”, found in zones of the plant where growth can take place.
In 2017, Meristem Stockbrokers Limited was responsible for 13.3 percent of the value of stocks traded on the floor of the Nigerian Stock Exchange.
