Providus Bank Aptitude Test Past Questions And Answers

Description

Providus Bank Aptitude Test Past Questions And Answers

Preparing for the Providus Bank aptitude test can be the key to securing your dream job at the bank. This guide provides essential information and tips to help you understand what to expect, practice effectively, and succeed in the test.

What is the Providus Bank Aptitude Test?

The Providus Bank aptitude test is an assessment used during the recruitment process to evaluate candidates’ skills, intelligence, and ability to solve problems. The test typically includes questions on:

1. Numerical Reasoning: Tests your ability to work with numbers, solve mathematical problems, and interpret data.
2. Verbal Reasoning: Assesses your understanding of written information and your ability to draw conclusions.
3. Logical Reasoning: Evaluates your problem-solving skills and critical thinking.
4. General Knowledge/Current Affairs: May include questions about banking, finance, and current events.

Why You Need Past Questions and Answers

Practicing past questions helps you:

• Familiarize yourself with the test format.
• Understand the type of questions to expect.
• Improve your speed and accuracy.
• Build confidence for the test day.

Sample Providus Bank Aptitude Test Past Questions And Answers

Below are samples of this study material to prove its originality, other information relating to Providus Bank Job recruitment and how to download the full PDF file.

1. Brand A and Brand D are to have their number of staff reduced by the same percentage reduction seen by their Marketing Budgets between 2010 and 2011. If the number of staff at Brand A was originally 120 and the number of staff at Brand D triple this, what are the new reduced staff numbers for each Brand?
(A) Can’t tell from the data
(B) 35 (Brand A); 142 (Brand D)
(C) 90 (Brand A); 252 (Brand D)
(D) 60 (Brand A); 240 (Brand D)
(E) 50 (Brand A); 360 (Brand D)

Step 1 – calculate the percentage reduction in Marketing Budget for each Brand.
Brand A: 225 / 300 = 25% reduction
Brand D: 210 / 300 = 30% reduction
Step 2 – calculate the new number of staff for Brand
A 120 x 0.75% = 90
Step 3 – calculate the new number of staff for Brand D
(120 x 3) x 0.7 = 252
So the correct answer is (C), 90 (Brand A); 252 (Brand D)

2. In 2008, car sales were split across 3 equally-priced models in the ratio of 7:8:6 for models A, B and C respectively. What was the sales revenue for model A?
(A) £287 million
(B) £335 million
(C) £382 million
(D) £383 million
(E) Can’t tell from data

Apply the ratio to the total sales for 2008 7 x £1,005.0 m / 21 = £335 million.
Note: we can answer this question because we are told that the three models were equally priced. If we were not told this information we would have to answer “cannot tell”.
Thus the correct answer is (B) £335 million

3. If the average sale price for 2010 was 5% higher, but the number of cars sold that year was 9% lower, by what percent would the sales revenue have decreased for 2010?
(A) No change
(B) 3.50%
(C) 3.55%
(D) 4.45%
(E) 4.60%

Step 1 – calculate the new average sales price £62,709 x 105% = £65,844.45
Step 2 – calculate the new number of cars sold 16,710 x 91% = 15,206.1

Note: they can’t sell .1 of a car so we will use 15,206.0. In this question it doesn’t actually make a difference to the final answer but it’s worth remembering things like this
for other questions.
Step 3 – calculate the total sales increase £65,844.45 x 15,206 = £1,001.230707 million
Step 4 – calculate the total sales decrease as a % 1,001.230707 ¸
1,047.9 = 0.95546, which is a 4.45% decrease. Thus the correct answer is (D), 4.45%