Abbey Mortgage Bank Past Questions and Answers – PDF Download

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2024 Updated Abbey Mortgage Bank Aptitude Test Past Questions . Master the official aptitude test format and guarantee success!

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Abbey Mortgage Bank Past Questions

Abbey Mortgage Bank Past Questions and Answers

Are you gearing up for a career opportunity with Abbey Mortgage Bank Past Questions  in Nigeria? Congratulations on taking this crucial step towards a rewarding and fulfilling future! To help you make the most of this opportunity, we present the Abbey Mortgage Bank Past Questions – your ultimate preparation resource that will undoubtedly put you ahead of the competition.

Abbey Mortgage Bank Past Questions is a renowned and reputable financial institution in Nigeria, known for its commitment to excellence and customer satisfaction. As one of the leading Abbey Mortgage Bank Past Questions  banks in the country, Abbey Mortgage Bank Past Questions  has built a solid reputation over the years, offering a wide range of financial products and services tailored to meet the needs of its diverse clientele.

This is where our Abbey Mortgage Bank Past Questions  pack comes in to play a pivotal role in your success. We understand that preparation is the key to success in any competitive examination , and with our comprehensive pack, you can rest assured that you are well-prepared to tackle any challenges that may arise during the assessments with Abbey Mortgage Bank Past Questions.

Mobile-Friendly: Access the past questions conveniently on your computer, tablet, or smartphone. Study on-the-go and fit your preparation into your busy schedule.

Abbey Mortgage Bank Aptitude Test Format:

The questions to expect at the Aptitude test include

  1. Mathematics,
  2. English Language,
  3. General knowledge.

Free Sample Abbey Mortgage Bank Past Questions


1. Maldives is a country ________ thousands of islands, and it is ________ most dispersed country.
(A) made of, a
(B) made of, the
(C) made up of, a
(D) made up of, the
Answer: (D)

2. You need to write your mobile number, while home address is ________.
(A) option
(B) options
(C) optional
(D) optionals
Answer: (C)

3. The problem is not _______ to one of internal.
(A) reduce
(B) reducible
(C) reliable
(D) reduction
Answer: (B)

4. They had been ________ false beliefs from their childhood.
(A) doctrinated
(B) indoctrine
(C) indoctrinated
(D) indoctrination
Answer: (C)

5. Employs in this department always ________ close relations with each other.
(A) maintain
(B) maintains
(C) maintained
(D) maintenance
Answer: (A)

6. Emma is older ________ Alice, while Jolie is ________ oldest.
(A) than, an
(B) from, the
(C) then, the
(D) than, the
Answer: (D)

7. I can’t walk anymore, I’m ________ tired.
(A) too
(B) so
(C) such
(D) so such
Answer: (A)

Question 8:

What is PMI in mortgage terminology?

A) Prepaid Mortgage Interest

B) Private Mortgage Insurance

C) Property Maintenance Inspection

D) Principal Monthly Installment

Answer: B) Private Mortgage Insurance

Question 9:

What does APR stand for in mortgage-related terms?

A) Annual Property Rate

B) Adjustable Principal Ratio

C) Annual Percentage Rate

D) Adjustable Payment Repayment

Answer: C) Annual Percentage Rate

Question 10:

What is an amortization schedule in the context of a mortgage?

A) A list of mortgage rates for different lenders

B) A summary of a borrower’s financial assets

C) A timeline showing the repayment of a mortgage over time

D) A report on a property’s market value fluctuations

Answer: C) A timeline showing the repayment of a mortgage over time


1. In a youth club with 94 members, 60 like modern music, and 50 like traditional music. The number of members who like both traditional and modern music is three times those who do not like any type of music. How many members like only one type of music?
A. 8
B. 24
C. 62
D. 86
Answer:  C
x = no. of ppl that like none.
no. of ppl that like both Traditional and Modern music, which is equal to 3x
Modern Music = 60 – 3x
Traditional Music = 50 – 3x
60-3x + 50 – 3x + 3x + x = 94
110 – 3x + x = 94
-2x = 94 – 110
=>-2x = -16,
this x = 8.
Members that like only one game:
= 60 – 3x + 50 – 3x
= 60 – 3[8] + 50 – 3[8]
= 60 – 24 + 50 – 24
= 36 + 26 = 62
Members that like only one type of music = 62

2. A man wishes to keep his money in a savings deposit at 25% compound interest so that after three years he can buy a car for N150,000. How much does he need to deposit?
A. N112,000.50
B. N96,000.00
C. N85,714.28
D. N76,800.00
Answer: D
Amount A = P(1+r)n;
A = N150,000, r = 25%, n = 3.
150,000 = P(1+0.25)3 = P(1.25)3
P = 150,000/1.253 =N76,800.00

3. The 3rd term of an A.P is 4x – 2y and the 9th term is 10x – 8y. Find the common difference.
A. 19x – 17y
B. 8x – 4y
C. x – y
D. 2x
Answer: C
n = 3, U3
= 4x – 2y,
= a + (n-1)d,
4x – 2y = a + 2d… (1)
= 10x – 8y,
10x – 8y = a + 8d… (2)
Solving (1) and (2),
subtract eqn i from ii
a-a + 8d – 2d = 10x -4x – 8y- (-2y)
6d = 6x – 8y+ 2y.
6d= 6x – 6y
6d = 6( x-y)
d = x – y

4. Find the inverse of p under the binary operation * defined by p*q = p + q – pq, where p and q are real numbers and zero is the identity
A. p
B. p -1
C. p/(p-1)
D. p/(p+1)
Answer: C
If P-1 is the inverse of P and O is the identity, Then P-1 * P = P * P-1 = 0
i.e. P-1 + P – P-1.P = 0
P-1 – P-1.P = -P
P-1(1 – P) = -P
P-1 = -P/(P-1)
= P/(P-1)

5. P is a point on one side of the straight line UV and P moves in the same direction as UV. If the straight line ST is on the locus of P and angle VUS = 60°, find angle UST.
A. 310°
B. 130°
C. 80°
D. 50°
Answer: B
Make a good sketch of the question, and follow this steps.
Since ST is parallel to UV => angle USR = 50°(alternate to VUS.
Angle UST = 180° – 50° = 130° (angle on a straight line)

Some Frequently Asked Questions about Abbey Mortgage bank 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.

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11 reviews for Abbey Mortgage Bank Past Questions and Answers – PDF Download

  1. Kuyemi

    This study pack made my life so much easier. Thank you!

  2. Grace

    Wow! The study pack exceeded my expectations.

  3. Gloria

    Time is really short I cannot afford this at the moment please anyone with the questions should help me please

  4. Samuel

    For me it’s a good pack and very authentic too, standard can be improved though, especially the solving

  5. Amanda

    I’m not usually one to leave reviews, but this study pack is exceptional. It’s like having a personal tutor at my fingertips.

  6. Efosa Okunrobo

    I can’t believe I didn’t discover this study pack sooner. The explanations are easy to understand

  7. Elizabeth Okoro

    I was skeptical at first, but this study pack blew me away.

  8. Gerald Onyia

    very good material. I applied to I.T position . Hoping for the best

  9. Alice

    I needed a study pack that I could access on my mobile, and this download was perfect. It made my daily commute productive.
    I will surely come back to review after my up coming aptitude test

  10. Gabriel

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  11. Yawande Olori

    I need it like dis night. How will i get it? I’m writing in a matter of days

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