NIBSS Past questions and Answers- PDF Download

Description

NIBSS Past questions and Answers- PDF Download

This NIBSS Past questions and Answers- PDF Download (Nigeria Inter-Bank Settlement System) , will help you prepare faster for your best performance in the job selection aptitude test.
To perform your best, a crucial part of your preparation tactics, is to practice previous years’ papers. Solving these will help you understand the exam pattern, know the level of difficulty and ultimately, and help you create your best preparation strategy. Last update: 2022

What is NIBSS Online aptitude tests format?

Workforce online tests usually lasts between 7 minutes and 20 minutes and it may cover areas like;

• Abstract Reasoning
• Critical Thinking
• Numerical Reasoning
• Verbal Reasoning

The test is of easy difficulty level, though some are intermediate/advanced.

About NIBSS

Nigeria Inter-Bank Settlement System Plc (NIBSS) was incorporated in 1993 and is owned by all licensed banks including the Central Bank of Nigeria (CBN). It commenced operations in June 1994.

NIBSS has put in place modern world-class infrastructures for handling inter-bank payments in order to remove potential bottlenecks associated with inter-bank funds transfer and settlement.

The Board of Nigeria Inter-Bank Settlement System Plc (NIBSS) is composed of the Deputy Governor, Financial System Stability of the Central Bank of Nigeria as the Chairman, representatives of Banks as Directors, Executive Directors and the Managing Director/CEO, who heads Executive Management group of the organisation.

Nigeria Inter-Bank Settlement System Plc (NIBSS) operation is supported with the best Information, Communication and Technology infrastructure for Automated On-line operations as well as effective information and data transmission security practices to deliver world-class payment/settlement services. Operational and Credit Risks in funds transfer across financial institutions are adequately mitigated by NIBSS operations.

Nigeria Inter-Bank Settlement System Plc (NIBSS) is owned by the Central Bank of Nigeria (CBN) and all licensed Deposit Money Banks (DMBs) in Nigeria. The Board consists of the Deputy Governor, Financial System Stability, Central Bank of Nigeria, as the Chairman and Representatives of the stipulated Banks.

NIBSS PAST QUESTIONS (FREE SAMPLE)

QUESTION1
A company wants to increase its sales force by 20% and simultaneously
lower the number of all non-sales staff by 7.5%. The company currently has
30 sales personnel and 120 non-sales personnel, what will be the total
number of staff after the desired changes in headcount are made?
(A) 147
(B) 149
(C) 151
(D) 153
(E) 155
QUESTION2
At the current exchange rate, 1 pound Naira (₦) is equal to 143.37
Japanese yen (¥). Also, 1 euro (€) is equal to 125.38 Japanese yen. How
much in Naira(₦) is €1,827?
(A) ₦1,348.50
(B) ₦1,483.00
(C) ₦1,597.75
(D) ₦1,718.25
(E) ₦1,928.75

QUESTION 3.
Business computer systems are designed to make workers more productive by
automating a portion of the work that must be completed in a business process.
As a result, the employee is free to perform more tasks that require human
attention. Although productivity may be lost during a learning period, many
businesses experience dramatic gains in productivity after installing a new
computer system. While discussing the connection between productivity gains
and computer systems, a well-respected business journal recently stated that the
person who serves as the Chief Information Officer is the consummate business
computer system.
By comparing a Chief Information Officer to business computer systems,
the journal implicitly argues that
A. Chief Information Officers should always communicate the value of computer
systems to their companies
B. the productivity of a company can be increased through the hiring of a Chief
Information Officer
C. many companies have not improved their productivity with new computer
systems
D. Chief Information Officers are more effective than are new computer systems
E. the impact of a Chief Information Officer on a company’s productivity is difficult
to measure

QUESTION20
A commercial property contains 750 square feet of flooring space. A real
estate agency has the property on sale at the asking price of ₦465 per
square foot, along with a commission of 3.5% of the properties value. If a
customer makes an offer on the property of ₦300,000 (which includes the
commission), how much cheaper per square foot is this offer compared to
the asking price? (not including the commission)
(A) ₦78.53
(B) ₦80.49
(C) ₦82.45
(D) ₦84.93
(E) ₦86.24

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