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NSIA Aptitude Test Past Questions and Answers -2024 Updated Copy
Have you been invited to take the NSIA aptitude test? Get ahead with our NSIA Aptitude Test Past Questions and Answers, updated for 2024!
This study guide includes real questions from past tests to help you practice and prepare effectively. With this resource, you’ll boost your confidence and increase your chances of success. Don’t miss out—get your updated copy today!
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About NSIA
The Nigeria Sovereign Investment Authority is a Nigerian establishment that manages the Nigeria sovereign wealth fund, into which the surplus income produced from Nigeria’s excess oil reserves is deposited. This sovereign wealth fund was founded for the purpose of managing and investing these funds on behalf of the government of Nigeria. The fund was established by the Nigeria Sovereign Investment Authority (Establishment, etc) Act 2011, signed in May 2011, and commenced operations in October 2012. It is intended to invest the savings gained on the difference between the budgeted and actual market prices for oil to earn returns that would benefit future generations of Nigerians. The fund was allocated an initial US$1 billion in seed capital, and, an additional $0.60billion has been contributed to date by the current administration. In December 2021 the fund had US$ 2.56 billion in assets under management.
What you should expect on NSIA Aptitude tests (The test format)
The Nigeria Sovereign Investment Authority (NSIA) aptitude test typically comprises the following sections:
- Numerical Reasoning: This section assesses your ability to work with numbers, including basic arithmetic, data interpretation, and problem-solving skills.
- Verbal Reasoning: Here, your proficiency in understanding and analyzing written information is evaluated. It includes grammar, vocabulary, and comprehension questions.
- General Knowledge: This part tests your awareness of current events, basic economics, and general world knowledge.
The test is timed, and it’s essential to complete and submit your answers within the allotted period to proceed to the next stage of the recruitment process.
FREE SAMPLE NSIA Aptitude Test Past Questions and Answers
Numerical Reasoning
Look at this series: 2, 1, (1/2), (1/4) … What number should come next?
A. (1/3)
B. (1/8)
C. (2/8)
D. (1/16)
Answer: Option B
Explanation:
This is a simple division series; each number is one-half of the previous number.
In other terms to say, the number is divided by 2 successively to get the next result.
4/2 = 2
2/2 = 1
1/2 = 1/2
(1/2)/2 = 1/4
(1/4)/2 = 1/8 and so on.
Look at this series: 7, 10, 8, 11, 9, 12… What number should come next?
A. 7
B. 10
C. 12
D. 13
Answer: Option B
Explanation:
This is a simple alternating addition and subtraction series. In the first pattern, 3 is added; in the second, 2 is subtracted.
Look at this series: 36, 34, 30, 28, and 24, What number should come next?
A. 20
B. 22
C. 23
D. 26
Answer: Option B
Explanation:
This is an alternating number subtraction series. First, 2 is subtracted, then 4, then 2, and so on.
Look at this series: 22, 21, 23, 22, 24, 23,… What number should come next?
A. 22
B. 24
C. 25
D. 26
Answer: Option C
Explanation:
In this simple alternating subtraction and addition series; 1 is subtracted, then 2 is added, and so on.
Look at this series: 53, 53, 40, 40, 27, 27, … What number should come next?
A. 12
B. 14
C. 27
D. 53
Answer: Option B
Explanation:
Look carefully for the pattern, and then choose which pair of numbers comes next
Verbal Reasoning
1. Identify the pair of words which has a relationship similar to the pair in question.
Pale: Tale
A. Story : Epic
B. Habit : Old
C. Custom : Solemn
D. Foil : Toil
E. None of these
Answer: Option D
EXPLANATIONS
Pale & Tale are simile; similarly foil & toil are simile.
2. The following CAPITALIZED pair of words is followed by four other pairs. Choose the pair, which has a relationship similar to that in the capitalized pair.
MONEY: PECULATION
A. Radiation : Bomb
B. Writing : Plagiarism
C. Comment : Insult
D. Bank : Cashier
E. None of these
Answer: Option B
EXPLANATIONS
PECULATION is related to MONEY as PECULATION means unauthorized use of money of someone else entrusted to one’s care.
On the basis of similar pattern PLAGIARISM is related to WRITING which means unauthorized use of the writings or thoughts of other one and representing them as one’s own original work
But in other options bomb produces radiation; Insult is a type of Comment; Cashier is appointed in bank so all these does not show similarity with the given one.
3. The following CAPITALIZED pair of words is followed by four other pairs. Choose the pair, which has a relationship similar to that in the capitalized pair.
DISCOVER: EXPLORATION
A. Settle : Negotiation
B. Scalpel : Operation
C. Fly : Bird
D. Heat : Oven
E. None of these
Answer: Option A
EXPLANATIONS
As EXPLORATION is a process done to find or DISCOVER new things or places based on the similar pattern NEGOTIATION is a process of discussion to SETTLE an agreement
But in all other options the first one is a tool or method to do the second thing as scalpel is a tool used in operation; birds flies; heat is produced in oven; so all these don’t produce a similar pattern with the given one.
4. If $ represents addition and * represents subtraction, what is the value of the following expression?
15 * 5 $ 15 $ 10 $ 30 * 25 * 35 * 25 $ 20 * 25 * 20
A. 30
B. -45
C. 10
D. -25
E. None of these
Answer: Option B
5. In a certain code language if “METRO” is coded as NGWVT, then how will you code “MANGO”
A. NCQJT
B. NBQKT
C. NCPKT
D. NCQKT
E. None of these
Answer: Option B
General Knowledge
1. The first election in Nigeria was in the year__________.
A. 1912
B. 1914
C. 1923
D. 1920
E. None of the above
Answer: Option C
2. The Acronym NSIA means_____________.
A. Nigeria Sovreign Investment Authority
B. Nigeria Soverign Investment Authority
C. Nigeria Soveriegn Investment Authority
D. Nigeria Sovereign Investment Authority
Answer: Option D
3. The world trade center is located in __________.
A. Switzerland
B. New York
C. Washington DC
D. London
Answer: Option B
4. An investor invests in assets known as a
(a) Securities
(b) Block of Assets
(c) Portfolio
(d) None of the above
Answer: Option C
5. A state of emergency may be declared under the following circumstances, except_________.
A. a holy war
B. a period of civil unrest
C. a military regime
D. a man-made disaster
E. natural disaster
Answer: Option C
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