Free Download Addosser MicroFinance Bank Past Questions

Addosser MicroFinance Bank Past Questions-[Free PDF Download]

Welcome to our Addosser MicroFinance Bank Past Questions and Answers – your gateway to success in one of the most prestigious banking aptitude tests!

If you are aspiring to join Addosser MicroFinance Bank, you know that the competition is fierce. With a reputation for excellence and a commitment to hiring the best talent, they rely on rigorous assessments to identify exceptional candidates. Our comprehensive Past Questions and Answers package is tailored to equip you with the knowledge, skills, and confidence needed to ace the Addosser MicroFinance Bank aptitude test.

About Addosser Microfinance Bank

ADDOSSER Microfinance Bank Limited was incorporated on the 27th of May, 2008. It plays an important role in widening the finance options available to MSMEs by providing finance for their businesses through value added products and services and over the last 14 years, the bank has disbursed repeat loans in excess of N65 billion.

Founded in 2008, Addosser Microfinance Bank Limited is one of the leading Microfinance banks in Nigeria. Through our team of more than 300 employees, Addosser offers a broad range of products and services, to serve its over 137,000 customers through our three business groups: Retail and Microenterprise Banking, SME Banking, and Specialized products & Investments.

Because we are committed to generating value and building relationships with our customers, we stay closely connected to the communities in which we operate and offer tailored support for MSMEs; connecting customers to opportunities, enabling businesses to thrive, and, ultimately, improving the living conditions of everyday people.

Our aim is to be acknowledged as a one stop shop for financial services pushing boundaries to increasing access to finance for MSMEs and individuals through our diverse business mix comprising of Core banking, Fintech, and Insurance.

Addosser test Format

Mathematics: This section assesses your ability to work with numbers, perform calculations, and interpret data presented in graphs, charts, and tables. You may encounter questions related to basic arithmetic, percentages, ratios, and data analysis.
English Language: This section evaluates your reading comprehension, vocabulary, and language skills. You may be presented with passages of text and asked to answer questions based on the information provided.

Sample questions for Addosser MicroFinance Bank Past Questions-Download Free Past Questions and Answers

ENGLISH LANGUAGE
1. He __________ daily for a year now.
A exercises
B was exercising
C has been exercising
D have been exercising
Answer: C

2. I __________ this book since morning.
A had been reading
B has been reading
C have had read
D shall be reading
Answer: A

3. Which tense is used to express general truths and facts?
A Present continuous tense
B Present perfect tense
C Past perfect tense
D Present indefinite tense
Answer: D

4. According to the prevailing rate, two dozen __________ rupees one hundred.
A costs
B cost
C costing
D costed
Answer: B

5. The Council __________ made its decision.
A have
B have had
C has
D having
Answer: C

6. What do tenses as the form of a verb help to determine?
A The time of the action
B The state of the action
C Both (A) and (B)
D The number of action
Answer: C

7. Which tense is used to show the completion of an action by a certain time in the future?
A Future perfect tense
B Present indefinite tense
C Future perfect continuous tense
D Both (A) and (C)
Answer: C

8. Identify the tense used in the following sentence. “When I reached the bookstore, all the copies had already been sold.”
A Past perfect tense
B Past indefinite tense
C Present perfect tense
D Present indefinite tense
Answer: A

MATHEMATICS
1. The sum of 15% of a positive number and 20% of the same number is 126.What is one-third of that number?
A. 360
B. 1080
c. 120
D. 40
E. None of these
ANSWER: C
EXPLANATION
Let the number = x
According to the question
(15/100) x x + (20/100) = 126
(35/100) x x = 126
35 360
We want to find out x/3 x/3 = 360/3 = 120
So answer is 120.

2. If 70% of a no. is subtracted from itself it reduces to 81.what is two fifth of that no.?
A. 88
B. 91
c. 108
D. 116
E. None of these
ANSWER: C
EXPLANATION
Let the number be m.
Then m -70 0/0 of m = 81
— m – 70/100 m = 81
* m – 0.7m = 81
0.3m = 81
= 81/0.3
270
Now, we need to find 2m/5
= 2 x 270 / 5
= 2 x 54
= 108

3. What will come in place of question mark in the following equation?
– 1936248 = 1635773
A. 3572021
B. 3572031
c. 3572028
D. 3572061
E. None of these
ANSWER: A
EXPLANATION
Given, ? – 1936248 = 1635773
= 1936248 + 1635773
= 3572021

4. Evaluate :
986 237 + 986 863
A. 10 4600
B. 1084800
c. 986000
D. 986860
E. None of these
ANSWER: A
EXPLANATION
We are given 986 x 237 + 986 x 863
Hence taking 986 common We have 986 (237 + 863)
= 986 1100
= 1084600

5. A two digit number is 4 times to its sum of digits, when 9 is added to the number, the digits will get reversed. Then what is that number?
A. 21
B. 12
c. 36
D. 42
E. None of these
ANSWER: B
EXPLANATION
Let the number = yx
So, unit place digit of two digit number = x 10th place digit of two digit number = y
So number formed by these digits = 10y + x
By reversing digits we get a number = 10x + y
According to the question
IOy + x + 9 = + y
By put and trial method we get x = 2, y = 1
So the number is = (10 x 1) 12
And given condition two digit number is 4 times to its sum of digits
12 = 4 x (1+2) = 12 satisfied