Are you looking for FCMB past questions and answers to help you on the upcoming First City Monument Bank recruitment exam? Do you want to get the FCMB Job? Note that this is one of the materials that every applicant needs to pass the FCMB Graduate Trainee Recruitment exams.
This comprehensive guide will not only help you understand the significance of these resources but also provide you with insights on how to download free PDFs of FCMB past questions and answers.
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Why FCMB Past Questions and Answers Matter
To quite a lot of candidates, writing and passing exams in the banking sector could be quite daunting, and the activities at FCMB are no different. In fact, thousands of applicants register for the various available vacancies each year, but only a handful would actually emerge successful.
Preparing for any exam requires a strategic approach. FCMB past questions and answers serve as invaluable tools for several reasons:
- Understanding Exam Structure: Familiarizing yourself with the format of the exam can reduce anxiety and improve your confidence.
- Identifying Common Topics: Past questions often highlight the recurring topics and areas of focus in FCMB exams.
- Improving Time Management: Practicing with previous questions can help you gauge how much time to allocate to each section.
- Boosting Accuracy: Regular practice can significantly enhance your accuracy in answering questions.
- Reducing Surprises: By reviewing past questions, you’re less likely to encounter unexpected question formats or topics.
How to Download FCMB Past Questions and Answers
To download FCMB past questions and answers in PDF format, simply follow the steps below:
- Click on the download link below.
- Save the file to your computer or mobile device.
- Open the file using a PDF reader.
Study the questions and answers carefully, and take note of any areas where you need improvement.
Download FCMB Past Questions and Answers PDF
Sample FCMB Past Questions and Answers
Here are a few sample FCMB past questions and answers to give you an idea of what to expect:
FCMB Aptitude Test for Graduates – Critical Reasoning
These questions are designed to test your ability to take a series of facts expressed in words and to understand and manipulate the information to solve a specific problem.
1) insurance policy covering fire damage to stock pays 70% of the costs for the first $1,000 and
all of the cost thereafter up to a total of $7,000. Following a claim, the claimant had to pay an additional
$2,000 to replace damaged stock. How much was the stock worth?
A. $9,300
B. $9,700
C. $9,500
D .$8,700
.E $8,300
Explanation:
If the claimant had to pay an additional $2,000, then the insurance company musthave paid out 70% of $1,000 plus $7,000.
This means the insurance company paid out $7,700.
The claimant paid an additional $2,000 making the stock worth a total of $9,700.
Option B is the correct answer.
2) What is the next term in a sequence of numbers?
Statement 1 – The third term is 36.
Statement 2 – The second term is three times the first and the third term is three times the second.
Which of the statements above make it possible to answer the question.
A. Statement 1 alone is sufficient, but statement 2 alone is not sufficient.
B. Statement 2 alone is sufficient, but statement 1 alone is not sufficient.
C. Both statements together are sufficient, but neither statement alone is sufficient.
D. Each statement alone is sufficient.
E. Statements 1 and 2 together are not sufficient.
Explanation:
To get the exact value of any term in a sequence of numbers, we need to know the exact value of any term and the relation between that term and the others.
The first statement alone gives only the exact value of the third term. the relationship between different terms is not known.
The second statement alone gives the relation between different terms but the exact value of any term is not
known.
Combining the two statements, we have all the required information.
Hence both the statements together are required to answer the question, and option C is the correct answer.
3) ‘X’ is a positive integer. Is ‘X’ odd or even?
Statement 1 – 2X is even.
Statement 2 – The square of X is odd.
Which of the statements above make it possible to answer the question.
A. Statement 1 alone is sufficient, but statement 2 alone is not sufficient.
B. Statement 2 alone is sufficient, but statement 1 alone is not sufficient.
C. Both statements together are sufficient, but neither statement alone is sufficient.
D. Each statement alone is sufficient.
E. Statements 1 and 2 together are not sufficient.
Explanation :
The first statement alone is not sufficient, since 2X is even for every integer whether it is odd or even.
For example:
2 x 3 = 6
2 x 4 = 8
The second statement alone tells us that the square of X is odd.
The square of an even integer is always even and square of an odd integer is always odd. So if square of X
is odd, then X must be odd.
Since the second statement alone is sufficient to answer the question and the first statement alone cannot answer the question, B is the correct answer.
4) James was paid $5 more for each day of work than he was paid for the preceding dayof work.
He was hired to work for five days. What was the total amount he was paid?
Statement 1 – He was paid twice as much for the last day as he was for the first.
Statement 2 – He had made half of the total by the end of the third day.
Which of the statements above make it possible to answer the question.
A. Statement 1 alone is sufficient, but statement 2 alone is not sufficient.
B. Statement 2 alone is sufficient, but statement 1 alone is not sufficient.
C Both statements together are sufficient, but neither statement alone is sufficient.
D. Each statement alone is sufficient.
E. Statements 1 and 2 together are not sufficient.
Explanation:
Firstly we need to work out the simple formula which will enable us to calculate how much James was paid.
If x is the amount that James was paid on the first day, then he was paid, (x + 5), (x+ 10), (x + 15) and (x +20) for the remaining four days of work.
The total amount he was paid is (5x + 50).
So if we determine x, we can find the total amount he was paid.
The first statement alone is sufficient since after 3 days his total pay was 3x + 15.
We are told that this is equal to half of 5x + 50.
This means that we can get the value of x by equating the two quantities.
The second statement alone is sufficient since James was paid x + 20 on the last day and so x + 20 = 2x
which can also be equated to give x.
Since each statement alone is sufficient to answer the question, Option D is the
correct answer.
Note that you do not need to actually calculate the result – only to deduce that you need both pieces of
information to do so.
5) People should be held accountable for their own actions. However, no person should be
held accountable for actions over which they have no control. Which of the following is the most logical conclusion of the argument above?
A. People should not be held accountable for the actions of other people.
B. People have control over their own actions.
C. People cannot control the actions of other people.
D. Actions that cannot be controlled should not be punished.
E. People have no control over the actions of others
Explanation:
The most logical conclusion of the argument is that ‘Actions that cannot be controlled should not be
punished’. as this says exactly the same thing as the two individual statements.
Option D is the correct answer.
How to Use FCMB Past Questions and Answers Effectively
- Set a Study Schedule: Allocate specific times of the day for practicing past questions.
- Simulate Exam Conditions: Practice under timed conditions to get accustomed to the pressure of the actual exam.
- Review Your Answers: Always go back and review your answers to understand your mistakes and learn from them.
- Focus on Weak Areas: Identify the sections where you struggle the most and devote extra time to them.
- Join Study Groups: Collaborate with peers to discuss and solve difficult questions.
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Final Thoughts on FCMB Past Questions and Answers
It is true that recruiting for positions in FCMB may necessitate a lot of hard work and determination by putting in the effort to gather the relevant materials such as past questions and other study materials.
However, the truth remains that success hinges on the ability to work smart by preparing thoroughly. It is also important to note that in order to do well in the FCMB exams, the candidate may have to spend quite a lot of time preparing with FCMB past questions and the relevant answers, this preparation is made easier.
Don’t wait! Get your hands on the FCMB Past Questions and Answers Free PDF Download today and join thousands of candidates that are already benefiting.
Good Luck!