Home » Library » Aptitude Tests » AIICO Insurance Past Questions and Answers pack- 2023 PDF Download
Price: ₦3000 ₦1900
2023 updated past questions & answers for AIICO INSURANCE Aptitude Test. To be moved on to the interview stages of AIICO recruitment, candidates are required to pass the aptitude tests. Here’s a collection of official AIICO PLC past questions pack (2016, 2017, 2018 and 2019) to guide your preparation and help you master typically repeated test questions from previous exams. Next AIICO Insurance Aptitude Test happening soon!
This resource is 100% quality checked!
Our Exclusive AIICO Insurance Past Questions and Answers study pack will help you prepare faster for recruitment test into AIICO insurance. The study pack comes with worked questions, answers, and indepth explanations on how to solve the questions.
Our Exclusive AIICO Insurance Past Questions and Answers study pack will help you prepare faster for recruitment test into AIICO insurance. The study pack comes with worked questions, answers, and indepth explanations on how to solve the questions.
AIICO insurance Aptitude Test basically covers the following areas:
NUMERICAL REASONING
1. In how many ways can a delegation of 3 be chosen from among 5 men and 3 women, if at least one man and at least one woman must be included?
A. 15
B. 28
C. 30
D. 45
Answer: D
Explanation
No of ways of choosing 1 man, 2 women = 5C1 x 3C2
No of ways of choosing 2 men, 1 woman = 5C2 x 3C1
Summing, => (5C1 x 3C2) + (5C2 x 3C1) = 15 + 30 = 45
2. Evaluate 21.05347 – 1.6324 x 0.43 to 3 decimal places
A. 20.980
B. 20.351
C. 20.981
D. 20.352
Answer: D
Explanation
Hint: Use BODMAS, in other words, do multiplication of the second and the last first before subtracting value obtained from the first.
3. A car dealer bought a second-hand car for N250,000 and spent N70,000 refurbishing it. He then sold the car for N400,000. What is the percentage gain?
A. 60%
B. 32%
C. 25%
D. 20%
Answer: C
Explanation
Total cost = N(250,000 + 70,000) = N320,000
Selling price = N400,000 (given)
Gain = SP – CP = N(400,000 – 320,000) = N80,000
Gain % = gain/CP x 100 = (80,000/320,000) x 100
Gain % = 25%
4. Find the principal which amounts to N5,500 at a simple interest in 5 years at 2% per annum.
A. N4,900
B. N5,000
C. N4,700
D. N4,800
Answer: B
Explanation
Principal, P = Amount, A – Interest, I.
A = P + I
I = (P.T.R)/100 = (P x 5 x 2)/100 = 10P/100 = P/10
But A = P + I,
=> 5500 = P + (P/10)
=> 55000 = 10P + P
=> 55000 = 11P
Thus P = 55000/11 = N5,000
5. Find the integral values of x and y satisfying the inequality 3y + 5x ≤ 15, given that y > 0, y < 3 and x > 0.
A. (1,1), (1,2), (1,3)
B. (1,1), (2,1), (1,3)
C. (1,1), (3,1), (2,2)
D. (1,1), (1,2), (2,1)
Answer: D
Explanation
Hint: Sketch the inequality graph for the 3 conditions given and read out your points from the co-ordinates.
VERBAL REASONING
1. They spent the evening ______ through forty years of accumulated junk.
(A) sulking
(B) sifting
(C) combine
(D) screening
Answer (B)
2. The factory was in a _____ conditions and needed restoration work before anything could be initiated.
(A) depreciated
(B) inundated
(C) deterioration
(D) dilapidated
Answer: (D)
3: It was __________ earthquake.
a) a
b) an
c) the
d) None
Answer: b)
4: She will be ____________ doctor.
a) a
b) an
c) the
d) None of these
Answer:: a)
5: Which of the following sentence is correct:
a) Such a long queues!
b) Such the long queues!
c) Such long queues!
d) Such a longs queues!
Answer: c)
TIMING:
AIICO PLC Test format has not changed in the last 5-years, although questions do change. This study pack will help you prepare faster, and guarantee your success at the test.
Taiwo Ayomide –
Essay reviews