Baobab Microfinance Past Questions and Answers | PDF Download (Latest Edition)
Baobab Microfinance Past Questions and Answers: Are you preparing for the Baobab Microfinance Bank recruitment aptitude test? Do you want to pass the exam with ease and secure a position at one of Nigeria’s leading microfinance institutions? If so, this article is specifically written for you. Here, you will find everything you need to know about the Baobab Microfinance Past Questions and Answers PDF, including sample questions, exam format, and how to download the latest updated edition for 2025. Over 80% of the questions on the actual Baobab Microfinance recruitment exam are repeated or adapted from these past questions. This means that studying with the verified PDF provides you with a significant advantage over thousands of other applicants.
About Baobab Microfinance Bank Recruitment Exam
Baobab Microfinance Bank is a rapidly growing international microfinance institution offering financial services to small and medium-sized entrepreneurs in Nigeria.
As part of its recruitment process, Baobab conducts a Computer-Based Test (CBT) for roles such as Loan Officers, Customer Service Officers, Cashiers/Tellers, Graduate Trainees, and Finance & Operations Staff. The exam assesses logical reasoning, communication skills, numerical ability, and basic banking knowledge.
To succeed in this competitive process, preparing with the Baobab Microfinance Past Questions and Answers PDF is crucial.
Baobab Microfinance Exam Format (Latest Pattern)
The aptitude test generally covers the following areas: English Language/Verbal Reasoning, Numerical/Quantitative Reasoning, Logical Reasoning, and General Knowledge & Banking Awareness. It typically consists of 35 to 50 questions and must be completed within 30 to 40 minutes.
Sample Baobab Microfinance Past Questions and Answers (Latest Edition)
Here are some sample questions from the verified Baobab Microfinance Past Questions PDF:
English Language / Verbal Reasoning
1. Choose the correct option:
The applicant was advised to submit his documents _______ the closing date.
A. against
B. before
C. beyond
D. beneath
✅ Answer: B. before
2. The opposite of efficient is:
A. effective
B. unreliable
C. incompetent
D. productive
✅ Answer: C. incompetent
Numerical / Quantitative Reasoning
3. What is 12% of ₦250,000?
A. ₦25,000
B. ₦30,000
C. ₦35,000
D. ₦40,000
✅ Answer: B. ₦30,000
4. A customer borrowed ₦100,000 at 10% simple interest annually.
How much interest will he pay after 2 years?
A. ₦10,000
B. ₦15,000
C. ₦20,000
D. ₦25,000
✅ Answer: C. ₦20,000
Logical Reasoning
5. Find the next number in the series:
3, 9, 27, 81, ___
A. 108
B. 243
C. 324
D. 90
✅ Answer: B. 243
6. If all loan officers are staff, and some staff are accountants, what conclusion can be drawn?
A. All accountants are loan officers
B. Some loan officers may be accountants
C. No accountant is a staff
D. All staff are loan officers
✅ Answer: B. Some loan officers may be accountants
General Knowledge & Banking Awareness
7. The full meaning of CBN is:
A. Central Bank of Nigeria
B. Corporate Bank of Nigeria
C. Commerce Bank of Nigeria
D. Central Banking Network
✅ Answer: A. Central Bank of Nigeria
8. Microfinance banks primarily provide financial services to:
A. Large corporations
B. Government agencies
C. Small and medium-scale businesses
D. Foreign investors
✅ Answer: C. Small and medium-scale businesses
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