EdFin Microfinance Bank Past Questions and Answers

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Get the latest   EdFin Microfinance Bank‘s Past Questions & Answers for 2024 online/center assessments.  The pack contains well explained and in-depth guide on how to solve the questions using actual samples from previous exams including screenshots of past tests.

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EdFin Microfinance Bank Past Questions and Answers- PDF Download

EdFin Microfinance Bank Past Questions and Answer 2024

EdFin Microfinance Bank’s past questions and answers 2024 contains hundreds of recent test questions including some newly updated tests.

EdFin Microfinance Bank study pack is all you would need to fully prepare for the test. Sharpen your problem-solving skills and gain invaluable strategies to ace the test, both at the online test stage and at the verification assessment center.

About EdFin Microfinance Bank

  EdFin Microfinance Bank was birthed out of the need for quality education in Nigeria. The bank which is dedicated solely to funding the education eco-space in Nigeria aims to positively disrupt the standard and quality of education in Nigeria, by providing the much-needed financial resources and services to the education sector. 

Founded in collaboration with Gray Matter Capital (GMC) USA; a US-based impact investor concerned with improving the quality of education for underserved children in developing countries. EdFin is focused on facilitating a more enabling environment for private schools in order for them to be able to offer quality education that would ensure improved learning outcomes in such schools and ultimately in Nigeria.

  EdFin Microfinance Bank Test format

You should expect the following:

    • Quantitative reasoning section: GMAT style
    • Verbal reasoning: Comprehension passage, analogy and sentence completion, etc
  • General Knowledge Section: IQ tests and Diagrammatic reasoning

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.


1. What is 333 times 135?
A. 46323
B. 43623
C. 43290
D. 44955
E. None of these
Answer: D

2. What will come in place of the question mark in the following equation?
114th of 1/2 of 314th of 52000 =?
A. 4875
B. 4857
C. 4785
D. 4865
E. None of these
Answer: A

3. In the following question, two equations numbered I and II are given. You have to solve both the equations and give answer
I. x3 x 13 = x2 x 247
II. y1/3 x 14 = 294.,. y2/3
A. If X > y
B. If X 2: y
C. If X < y
D. If X ‘.Sy
E. If x = y or the relationship cannot be established
Answer: C

4. 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


1. Choose the correct synonym of the word banned
A. prohibit
B. connect
C. denied
D. avoid
Answer: A.

2. Select the antonym of the word captivity
A. independence
B. freedom
C. confined
D. oppress
Answer: B.

3. You can _______ words in a dictionary.
A. look up
B. look
C. look down
D. look after
Answer: A.

4. Sorry I’m late. My car _______ petrol.
A. ran out
B. ran out of
C. ran out on
D. ran off
Answer: B.

5. Let’s _______ that old box. We don’t need it.
A. throw up
B. throw in
C. throw away
D. throw out
Answer: C.

6. To play second fiddle (choose the correct meaning of this idiom)
A. happy, cheerful and healthy
B. to reduce importance of one’s senior
C. to support the role and view of another person
D. to do back seat driving
Answer: C.

7. To leave someone in a lurch
A. to come to compromise with someone
B. constant source of annoyance to someone
C. to put someone at ease
D. to desert someone in his difficulties
Answer: D.


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Some Frequently Asked Questions About Edfin Aptitude 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


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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