CBN Recruitment Exams and Past Questions and Answers (2010-2024)

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CBN Recruitment Exams and Past Questions and Answers!

In this article, we will disclose to you the easy steps on how to check and download the CBN Past Questions and Answers PDF for the 2024/2025 CBN aptitude test.

CBN Recruitment Exams and Past Questions and Answers
CBN Recruitment Exams and Past Questions and Answers

Congratulations on being shortlisted for the CBN recruitment 2024! To help you prepare for the aptitude test, we have provided sample questions and answers below. Download them in PDF format quickly and easily by following the instructions.

Most importantly, if you are a mobile phone user, you will learn how to download the Central Bank of Nigeria’s past questions and answers straight to the phone.

CBN Recruitment Exams and Past Questions and Answers (2010-2024)

The CBN past questions and answers contain major key questions and answers that were always asked in the past Central Bank of Nigeria aptitude test examinations. And I can tell you that it is very important to start practicing and reviewing them before you’re called for the Central Bank of Nigeria examination.

Those employees you admire at CBN, all prepared earlier enough for this same examination, and they came out with flying colors, including screening and interview exercises. This is not by luck but an act of hard work so now is the time for you to reach that level.

Notwithstanding, I will advise you to plan strategically on how to master the competition. I can simply tell you that the competition demands a high level of understanding because of the top brains of the people you’re competing with, so you need to be smart with the preparation.

That time to prepare is now. This is by simply going through CBN past questions in order to get familiar with the regular questions and also have access to the appropriate answers to each question.

Another important thing you have to note when it comes to doing CBN recruitment is that the aptitude test is not the final stage; rather, you still have a final screening interview to pass through before you land that dream job.

Prior to this, to stand out among other competitors, academic studies show that practicing increases job offers and improves the chances of getting hired. Familiarity with the core values and the roles and regulations covering the Central Bank of Nigeria (CBN) is crucial, as can understanding the CBN website. And another important point is that during the aptitude test, focus on addressing the position’s requirements.

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Sample of CBN Past Questions including answers

Below are samples of CBN Recruitment Exams and Past Questions and Answers

Kindly Select the correct answer from the following the lettered A-D

Verbal Reasoning

1. A dishonest dealer sells his goods at cost price, but uses a false weight to gain 20%. How many grams does he use for a kilogram?
(A) 700 g
(B) 750 g
(C) 800 g
(D) 850 g
The correct answer is 800 g. If the dealer gains 20% by using a false weight, then he is selling 1.2 kilograms for the price of 1 kilogram. This means that he is using 1.2 kilograms – 1 kilogram = 0.2 kilograms less than he should be. Since 1 kilogram is equal to 1000 grams, then 0.2 kilograms is equal to 1000 * 0.2 = 200 grams. So, the dealer is using a false weight of 200 grams for a kilogram.

2. The profits of Timberland are not affected by young customers. Is this statement true, false, uncertain, or cannot be determined?
(A) True
(B) False
(C) Uncertain
(D) Cannot be determined
The correct answer is uncertain. The statement “The profits of Timberland are not affected by young customers” is a generalization. There is no way to know for sure whether this statement is true or false without more information. For example, it is possible that Timberland’s profits are affected by young customers in some markets, but not in others.

3. Timberland’s profits are not affected by young customers.
(A) True
(B) False
(C) It is impossible to say
(D) None of the above
The correct answer is False. Timberland is still able to sell its products to older customers, so young customers are not a significant factor in its profits.

4. Adults wear the same shoes as children because they want to look younger.
(A) True
(B) False
(C) It is impossible to say
(D) None of the above
The correct answer is False. Adults wear the same shoes as children because they are comfortable and stylish, not because they want to look younger.

5. The only change from traditional analog services to digital services will be picture quality.
(A) True
(B) False
(C) It is impossible to say
(D) None of the above
The correct answer is False. Digital services will also offer new features, such as interactivity and on-demand content.

Numerical Reasoning
1. The compound interest on a sum for 2 years is N832 and the simple interest on the same sum at the same rate for the same period is N800. What is the rate of interest?
(A) 6%
(B) 8%
(C) 10%
(D) 12%
The correct answer is 10%. The compound interest is the interest earned on the original sum plus the interest earned on the interest that has already been earned. The simple interest is the interest earned on the original sum only.

2. A car travels at x km/h for 1 hour, y km/h for 2 hours, and z km/h for 3 hours. What is its average speed?
(A) (x + y + z)/3
(B) (x + 2y + 3z)/6
(C) (xy + yz + xz)/3x
(D) (2x + 2y + 2z)/6
The correct answer is (x + 2y + 3z)/6. The average speed is the total distance traveled divided by the total time taken. In this case, the total distance traveled is x + y + z km and the total time taken is 1 + 2 + 3 = 6 hours. So, the average speed is (x + y + z)/6.

3. If 2x + 3y = 15 and x + y = 5, what is the value of x?
(A) 2
(B) 3
(C) 0
(D) 5
The correct answer is  0.: x = 5 – y, so 2(5 – y) + 3y = 15. 10 – 2y + 3y = 15, so y = 5 and x = 0.

4. A car travels 100 km in 2 hours. What is its average speed?
Answer: 50 km/h. Average speed = distance / time = 100 km / 2 hours = 50 km/h.

Business Transactions

1. A company buys 100 items for N1000. It then sells each item for N12. What is the profit margin?
The correct answer is 12. Profit margin = profit / cost price = 1200 / 1000 = 1.2.

Stock Exchange

1. A stock is currently trading at N10 per share. It is expected to increase in price by 10% in the 
next month. What will be the price of the stock in one month?
The correct answer is N11 per share. The price of the stock in one month will be 10 x 1.1 = N11 per share.

Know that there is no shortcut to success. If you want to excel or gain employment at the Central Bank of Nigeria, you need to know the fundamental secret of the CBN aptitude test examination, and one of the secrets is reviewing and studying CBN past questions.

How to Get CBN Past Questions and Answers

To get access to the complete, up-to-date CBN Recruitment Exams and Past Questions and Answers from 2010 to 2024, interested persons are to make payment online with their ATM card, USSD, direct mobile transfer, or bank deposit. Note that we have NPF exam past questions and answers for all 36 states of the federation.

To download the complete pack of CBN CBT exam past questions and answers pdf for your state, kindly click the link below.

Click Here To Download

If you are interested in gaining employment with the Central Bank of Nigeria, I encourage you to start preparing for the CBN aptitude test early. By studying the past questions and syllabus and practicing answering questions under timed conditions, you’ll be well on your way to success.

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Author Profile

Smith Godwin
Smith Godwin
Smith Godwin has been a writer at Kindi Recruit for a long time. He has confidence in roles that require a high level of diligence, strong teamwork, and advanced problem-solving skills, along with dedication to achieving uncompromising quality of work under stringent deadlines in an organization.

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