Fidelity Bank Past Questions and Answers (Download PDF)

Fidelity Bank Past Questions and Answers (Download PDF)

The best way to prepare and excel in Fidelity Bank Plc Job Aptitude Test is by studying this comprehensive and updated Fidelity Bank past questions and answers e-book.

Therefore, if you want to Apply for a Job at Fidelity Bank Plc or You got an invite to Participate in the Fidelity Bank Nigeria Job Aptitude Test/Interview, then these Past Questions and Answers in PDF format is for you.

In addition, the Fidelity Bank Plc Job Recruitment Past Questions by Workforce you’ll get here contains Verbal Reasoning (English), Numerical/Quantitative Reasoning, Data interpretation, and Common knowledge questions with answers that best define each question. In addition, these past Questions will help you have a clear understanding of what the Fidelity Bank assessment test, exam, and interview looks like.

Why You Should Download this PDF

  1. Through this material, you will have a preview of the questions you should expect
  2. You will have a better Idea of what your own interview/aptitude questions would be
  3. It will help build self confidence
  4. Areas which needs more concentration will be discovered
  5. By first attempting the questions, you will discover areas which you needs corrections and improvement.

How to Download the Fidelity Bank Plc Past Questions and Answers

To Get Fidelity Bank Past Questions and Answers, follow the Procedure:

Firstly, Pay the sum of N2,000 to any of the bank accounts below:

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Secondly (after payment), send a text to this number 08060833386 containing your full name, email address, and Fidelity Bank Past Q & A. Once your payment is confirmed, we will send your PDF to your email immediately.

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Send a recharge voucher worth N2,500 with your full name, email address, and Fidelity Bank Past Q & A. We will send your E-book to your email immediately.

Sample of Fidelity Bank Recruitment Past Questions 

An Accountant in public practice can offer all the following services, EXCEPT

  • Preparation of Annual Financial Statements.
  • Corporate financial advice.
  • Performing executive accounting functions.

The scope and nature of an auditor’s contractual obligation to a client is set out in the

  • Management letter.
  • Scope paragraph of the auditor’s report.
  • Engagement letter.
  • Circularisation letter.

An auditor, who is expected to practise the profession, should be

  • A body corporate.
  • An officer of the company.
  • A member of a recognised professional accountancy body.
  • A servant of the company.

Which Agency of Government is responsible for the taxation of Limited Liability Companies in Nigeria?

  • Education Tax Fund Office.
  • Federal Inland Revenue Service Board.
  • Federal Inland Revenue Service.
  • State Internal Revenue Service.

The title of the head of the Federal Inland Revenue Service Board is

  • Executive Chairman.
  • President.
  • Director.
  • Director-General.

The legislations, passed by Acts of National and State Assemblies and Bye-laws by Local Government authorities in a democratic government, are called

  • Government laws
  • Statute laws
  • Common laws
  • General laws

Fidelity Bank Plc Job Recruitment Aptitude Test Sample Question

Question
The Baldrick Manufacturing Company has for several years followed a policy aimed at decreasing operating costs and improving the efficiency of its distribution system.

A. aimed at decreasing operating costs and improving
B. aimed at decreasing of operating costs and to improve
C. aiming at the decreasing of operating costs and improving
D. the aim of which is the decreasing of operating costs and improving
E. with the aim to decrease operating costs and to improve

Correct Answer: A

Explanation
The best choice, A, offers an adjective phrase unequivocally modifying policy and exhibiting grammatical parallelism (decreasing … and improving).

In choice B, the gerund decreasing is not grammatically parallel with the infinitive to improve. Likewise, in C and D, the decreasing of… costs is not parallel with improving efficiency.

In E, the infinitives to decrease and to improve, while parallel, are less idiomatic than the prepositional phrase of decreasing … and improving in modifying the noun aim. Also, with the aim… improve can easily be construed as
referring to the Baldrick Manufacturing Company and so does not refer unequivocally to policy.

More Fidelity Bank Job Recruitment Questions

In a developed country, shops include the V.A.T (Value Added Tax) on the goods they sell so that the V.A.T amount is incurred by the purchaser of the goods. If the current normal rate of V.A.T in this country is 15% on your selling price, solve the following question.


Q1.) After adding his percentage profit on a Wine drink the value came to £72.00.
How much would Frank put as the selling price of the wine drink.
A £82.80 B. 85.60 C. 88.60 D. 89.20 E. 89.70

The V.A.T is 15%
Therefore, the Selling Price = 1.15 x 72= £82.80 (A)

Q2.) Charles sold a canerack for £90.00. What was the original price of the
canerack before V.A.T was added.
A. £67.20 B. £77.20 C. £78.20 D. £88.20 E. £89.20

To get the original price of Canerack, divide by the increase of 15%
Original Price = £90.00/1.15 = £78.20 (C)

Q3.) What is the V.A.T amount if a product sold for £84.00.
A. £10.50 B. £12.60 C. £14.70 D. £15.80 E. £16.90

Since the V.A.T is 15%. The V.A.T amount = 15% of 84.00
= £12.6

Q4.) The normal cost for a pair of trousers should have been £50.00 but because
Mary trying to avoid V.A.T puts the price at?
A. £43.10 B. £45.50 C. £55.70 D. £57.50 E. £61.10

Since she wants to avoid V.A.T, the V.A.T payment would be transferred to
the buyer. Therefore the Cost = 1.15% of 50
= £57.50 .

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