Description
Afrinvest Assessment Past questions & Answers 2024– PDF Download
Afrinvest Assessment Past questions & Answer is your best preparation material for the Aptitude test. It contains well explained and in-depth guide on how to solve the aptitude test questions using actual samples.
Learn how to effectively solve the questions and confidently select the correct answers during your test…
About Afrinvest Asset Management Limited
Afrinvest Asset Management Limited (AAML) – a wholly-owned subsidiary of Afrinvest West Africa – is a leading independent investment manager in Nigeria.
Licensed by the Securities and Exchange Commission (SEC) as a portfolio manager, AAML delivers world-class asset management services to a range of retail, mass affluent, institutional and HNI clients using dedicated portfolios.
AAML has over 20 years of experience managing diverse client’s funds/assets through three sub-divisions:
- Portfolio/Fund Management
- Fund Administration
- Product Development
Preparing for a Job role at Afri invest
Afri Invest uses standard GMAT style aptitude test during its selection process.
Questions section includes Quantitative/Business maths, ENGLISH and Basic reasoning questions.
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.
SAMPLE QUESTIONS (EXTRACT FROM THE AFRINVEST PAST QUESTIONS PACK):
Here are example questions from the past questions.
Question 1:
What is 25% of 80?
A) 15
B) 20
C) 25
D) 30
Answer: B) 20
Question 2:
If a shirt costs $40 after a 20% discount, what was its original price?
A) $48
B) $50
C) $45
D) $60
Answer: D) $60
Question 3:
If the average of five numbers is 12, and four of the numbers are 8, 14, 15, and 18, what is the fifth number?
A) 7
B) 10
C) 11
D) 12
Answer: A) 7
Question 4:
A car travels at a constant speed of 60 miles per hour. How far will it travel in 3.5 hours?
A) 180 miles
B) 210 miles
C) 150 miles
D) 165 miles
Answer: B) 210 miles
Question 5:
If a rectangle has a length of 12 meters and a width of 8 meters, what is its area?
A) 96 square meters
B) 80 square meters
C) 104 square meters
D) 64 square meters
Answer: A) 96 square meters
Question 6:
If the interest rate is 8% per annum, how much interest will $1000 earn in two years?
A) $160
B) $180
C) $200
D) $220
Answer: B) $180
Question 7:
Sara bought 5 boxes of chocolates, with 12 chocolates in each box. How many chocolates does she have?
A) 55
B) 60
C) 65
D) 70
Answer: B) 60
Question 8:
If a restaurant bill is $75 and you want to leave a 15% tip, how much will the total amount be?
A) $85.75
B) $86.25
C) $87.50
D) $89.50
Answer: C) $87.50
Question 9:
A company’s profit increased from $500,000 to $700,000 in a year. What was the percentage increase?
A) 20%
B) 30%
C) 40%
D) 50%
Answer: D) 50%
Question 10:
If a bookshelf has 5 shelves and each shelf can hold 25 books, how many books can the bookshelf hold in total?
A) 100 books
B) 125 books
C) 150 books
D) 175 books
Answer: C) 150 books
VERBAL RESOINING
Question 1:
Choose the word that is most nearly opposite in meaning to “Benevolent”:
A) Kind
B) Hostile
C) Generous
D) Compassionate
Answer: B) Hostile
Question 2:
Which of the following is a synonym for “Eloquent”?
A) Fluent
B) Awkward
C) Reserved
D) Timid
Answer: A) Fluent
Question 3:
Identify the correct analogy:
Piano is to Music as Brush is to:
A) Paint
B) Color
C) Canvas
D) Art
Answer: A) Paint
Question 4:
Choose the word that best completes the sentence: “She was so exhausted that she could barely ____________.”
A) Stand
B) Sleep
C) Eat
D) Walk
Answer: D) Walk
Question 5:
Fill in the blank with the appropriate word: “The chef’s signature dish is known for its __________ flavor and unique presentation.”
A) Bland
B) Spicy
C) Ordinary
D) Unappetizing
Answer: B) Spicy
Question 6:
Choose the option that correctly arranges the following words to form a meaningful sentence:
(i) The
(ii) dog
(iii) park
(iv) happily
A) The dog park happily
B) Park the dog happily
C) The happily dog park
D) The dog happily park
Answer: A) The dog park happily
Question 7:
Identify the sentence that contains a grammatical error:
A) He plays the piano skillfully.
B) They’re going to the store, isn’t it?
C) She reads books every weekend.
D) The cat chased the mouse across the yard.
Answer: B) They’re going to the store, isn’t it?
Question 8:
Choose the word that is spelled correctly:
A) Acquaintence
B) Recieve
C) Embarrasment
D) Conscientious
Answer: D) Conscientious
Question 9:
Which of the following words is a synonym for “Voracious”?
A) Hungry
B) Tasty
C) Small
D) Thirsty
Answer: A) Hungry
Question 10:
Choose the option that correctly transforms the following sentence into a negative one:
“The movie was quite entertaining and engaging.”
A) The movie wasn’t quite entertaining and engaging.
B) The movie was not quite entertaining or engaging.
C) The movie wasn’t entertaining or engaging at all.
D) The movie was not entertaining or engaging in any way.
Answer: B) The movie was not quite entertaining or engaging.
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If you need further support, send an email to [email protected] or Call 09054281818 / 09096701000.
Some Frequently Asked Questions about Afrinvest Assessment 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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