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GTI Microfinance Bank Past Questions – 2023 Updated

Dreaming of a career in microfinance? GTI Microfinance Bank exams coming up? We got what you Covered! Our GTI Microfinance Bank Past Questions guide will help you ace your upcoming exams. Designed specifically for aspiring professionals in the microfinance sector, these past questions are your ultimate study companion.

With Our GTI Microfinance Bank Past Questions, you’ll gain access to a comprehensive collection of previous GTI Aptitude tests, carefully compiled with answers. By practicing with GTI Microfinance Bank Past Questions, you’ll not only familiarize yourself with the exam format but also sharpen your problem-solving skills and time management abilities. Each question is designed to challenge your knowledge and critical thinking, ensuring that you’re fully prepared to excel on exam day.

The 3-Step Preparation Tips

Understand the test format and allocate study time accordingly.
Practice with past question papers or mock tests similar to the expected format.
Keep updated with current financial news and trends

Why you need the past questions study pack?

Accuracy and Relevance: Each question is verified for accuracy and relevance to GTI’s current testing standards.
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About GTI Microfinance Bank

GTI Microfinance Limited was incorporated in August 2007 as a limited liability company and started its operations in 2008 at No. 127 Obafemi Awolowo Road, Ikeja.

In October 2013, it was licensed as a State Wide Microfinance Bank and moved its Head Office to No. 4 Tinubu Street, Central Business District, Marina Lagos. Other branches are located at Mushin, Abattoir in Agege, Surulere and Arena.

GTI Microfinance Bank Aptitude Test Format

Quantitative Reasoning / Basic Mathematics Test: This section assesses your ability to work with numbers, data interpretation, and basic mathematical concepts. Expect questions related to percentages, ratios, averages, and more. Practice is key to improving your speed and accuracy in this section.
Verbal Reasoning / Basic English Language Test: This section evaluates your comprehension, vocabulary, and language skills. You might encounter questions involving sentence completion, reading comprehension, and critical reasoning. Brush up on your vocabulary and practice reading and understanding written passages.
Logical Reasoning / General Banking Awareness: Logical reasoning questions assess your ability to analyse patterns, relationships, and sequences. These questions might include syllogisms, analogies, and series completion. Developing your logical thinking skills can greatly enhance your performance in this section.

FREE SAMPLE:
GTI Microfinance Bank Past Questions

1. Average age of students of an adult school is 40 years. 120 new students whose average age is 32 years joined the school. As a result, the average age is decreased by 4 years. Find the number of students of the school after joining of the new students:
A. 1200
B. 120
C. 360
D. 240
E. None of the above

2. A canteen requires 112 kgs. of wheat for a week. How many kgs. of wheat will it require for 69 days?
A. 1204 kgs
B. 1401 kgs
C. 1104 kgs
D. 1014 kgs
E. None of these

3. A is driving on a highway when the police fine him for over speeding and exceeding the limit by 10 km/hr. At the same time B is fined for over speeding by twice the amount by which A exceeded the limit. If he was driving at 35 km/hr. What is the speed limit for the road?
A. 30 km/hr
B. 15 km/hr
C. 20 km/hr
D. 16 km/hr
E. 22 km/hr

4. If n is the sum of two consecutive odd integers and less than 100, what is greatest possibility of n?
A. 98
B. 94
C. 96
D. 99
E. 92

5. When I become as old as my father is now, I will be 5 times the age of my son now. In addition, my son will be 8 years older than what I am now. If the sum of my father’s age and my age is equal to 100. How old is my son now?
A. 12
B. 14
C. 13
D. 18
E. 22

6. a, b, c are non-negative integers such that 28a + 30b + 31c = 365.
Then, what is the value of a + b + c?
A. Greater than 14
B. Less than or equal to 11
C. 13
D. 12
E. Cannot be determined

7. There are 5 packages. The weight of 1st package is 500 kg and the weight of the 2nd package is 50% higher than the weight of 3rd package whose weight is 45% higher than the 1st package weight. The fourth package at 360 kgs is 60% lighter than the fifth package. Find the average weight of all the five packages.

A. 714.5 kgs
B. 728.3kgs
C. 725.9kgs
D. 716.6 kgs
E. None of these

8. The average weight of 21 boys was recorded as 64 kgs. If the weight of the teacher was added, the average increased by one kg. What was the teachers’ weight?
A. 86 kgs
B. 64 kgs
C. 72 kgs
D. 98 kgs
E. None of these

9. In June a baseball team that played 60 games had won 30% of its game played. After a phenomenal winning streak this team raised its average to 50%. How many games must the team have won in a row to attain this average?
A. 12
B. 20
C. 24
D. 30
E. 32

10. The average weight of 8 person’s increases by 2.5 kg when a new person comes in place of one of them weighing 65 kg. What might be the weight of the new person?
A. 76 kg
B. 76.5 kg
C. 95 kg
D. 85 kg
E. Data inadequate

11. Which of the following phrases A, B, C and D given below in the statement should replace the phrase printed in bold in the sentence to make it grammatically correct? If the sentence is correct as it is given and ‘No Correction is required’, mark E as the answer.
Since their son’s demise last week, the old couple were been in shock.
A. were
B. will be
C. have been
D. was being
E. No correction

12. Choose an appropriate word from the options to suitably fill the blank in the sentence below so that the sentence makes sense, both grammatically and contextually.
You ___________ your report by this time next week.
A. have finished
B. has finished
C. will have finished
D. would have finished
E. have been finished
13. Fill in the blank with the suitable article:
____ sugar is bad for your health.
A. Some
B. a
C. an
D. the
E. No article

14. Fill in the blank with the suitable article:
The government is planning to open ___ university in the city.
A. some
B. a
C. an
D. the
E. No article is required

GTI Microfinance Bank Past Questions – ANSWER/EXPLANATIONS

1. Solution: Let the no of students present currently = x
Sum of Age of all the students currently = Average Age × No. of Students = 40x
New Students = 120
Average Age of new Students only = 32
Sum of Age of all the new Students = 32 × 120 = 3840
Now Total No. of Students = x + 120
New Average = 40 – 4 = 36
Sum of Age of Total Students = 40x + 3840
Average = Sum of Age of all the students / Total no. of students
⇒ 36 = (40x + 3840)/ (x + 120)
⇒ 36 × (x + 120) = (40x + 3840)
⇒ 36x + 4320 = 40x + 3840
⇒ 4x = 480
⇒ x = 120
Total No. of students after joining of new students = x + 120 = 120 + 120 = 240

2. Solution: Weight required by the canteen per week or for 7 days = 112 Kgs
∴ Weight required by the canteen for 1 day = (112 / 7) = 16 Kgs
∴ Weight required by the canteen for 69 days = 16 × 69 = 1104 Kgs

3. Solution: Say X is the speed limit of the road.
Given, B exceeded the limit by 2 times the amount by which A exceeded the limit. Also given, A exceeded the limit by 10 km/hr
⇒ B exceeded the limit by 2 × 10 = 20 km/hr
∴ Speed of B = X + 20 and it is given to be 35 km/hr
∴ X + 20 = 35
⇒ X = 35 – 20 = 15 km/hr
∴ Speed limit of the road = 15 km/hr

4. Solution: Say (2x+1) and (2x+3) are the two consecutive odd integers for some positive integer x.
⇒ (2x+1) + (2x+3) = n
⇒ 4x + 4 = n
Given n < 100
⇒ 4x+ 4 < 100
⇒ 4x < 96
⇒ x < 24
Since x is an integer and maximum possible value of x = 23.
For x = 23, maximum possible value of n = 4 × 23 + 4 = 96

5. Solution: Say Age of father is A years and age of my age is B years and my son’s age is C years.
Given, sum of my and my father’s age is 100
⇒ A + B = 100 …… (Eq.1)
Also given when my I’m as old as my father is now (A – B years later), my age is 5 times my son’s present age
⇒ A = 5 × C ……. (Eq.2)
Also after (A – B) years, my son is 8 years older than my present age
⇒ C + A – B = B + 8
⇒ A – 2B + C = 8 ……. (Eq.3)
From Eq.1 we know A = 100 – B
Substituting in Eq.3
⇒ 100 – B – 2B + C =8
⇒ 3B – C = 92 ……… (Eq.4)
Substituting Eq.2 in Eq.3
⇒ 6C – 2B = 8
⇒ 3C – B = 4 …….. (Eq.5)
Eq.4 + 3 × Eq.5
⇒ 8C = 92+12 = 104
⇒ C = 104/8 = 13 years is the present age of Son.

6. Solution: By simple observation we can tell that this question refers to a calendar.
In a calendar, number of months with 28 days = 1 (February)
Number of months with 30 days = 4 (April, June, September, November)
Number of months with 31 days = 7 (January, March, May, July, August, October and December)
28 × 1 + 30 × 4 + 31 × 7 = 365
⇒ a = 1, b = 4, c = 7
⇒ a + b + c = 12

7. Solution: We have weight of first package = 500kg.
Weight of third package = 500 + 45% of 500 kg
= 500 + 45/100 × 500
= 500 + 225
= 725
Weight of second package = 725kg + 50% of 725
= 725 + 725 × 50/100
= 725 + 362.5
= 1087.5
Weight of fourth package = 360kg
We are given that weight of fourth package =40%of weight of 5 th package
Hence 360 = 40/100 × weight of fifth package
Weight of fifth package = 360 × 100/40
= 900 ks
Total weight of all packages = 500 + 725 + 1087.5 + 360 + 900
= 3572.5
Average weight = 3572.5/5
= 714.5 kgs