Coronation Merchant Bank Aptitude Test Questions and Answers:
When was Coronation Merchant Bank established?
A) 2002
B) 2010
C) 1993
D) 1988
Answer: A) 2002
Who is the current CEO of Coronation Merchant Bank?
A) John Doe
B) Jane Smith
C) Taiwo Taiwo
D) Michael Johnson
Answer: C) Taiwo Taiwo
What is the primary focus of Coronation Merchant Bank's business?
A) Retail Banking
B) Investment Banking
C) Agriculture
D) Hospitality
Answer: B) Investment Banking
Where is the headquarters of Coronation Merchant Bank located?
A) Lagos, Nigeria
B) Johannesburg, South Africa
C) Nairobi, Kenya
D) Accra, Ghana
Answer: A) Lagos, Nigeria
What is Coronation Merchant Bank's core mission?
A) Maximizing profits for shareholders
B) Empowering the underprivileged
C) Enhancing economic growth in Africa
D) Expanding globally
Answer: C) Enhancing economic growth in Africa
Which financial services does Coronation Merchant Bank provide?
A) Asset management, securities trading, and investment banking
B) Retail banking and insurance
C) Real estate and construction
D) Agriculture and food processing
Answer: A) Asset management, securities trading, and investment banking
In which country does Coronation Merchant Bank primarily operate?
A) Ghana
B) Kenya
C) Nigeria
D) South Africa
Answer: C) Nigeria
What is the symbol or abbreviation used for Coronation Merchant Bank's stock on the Nigerian Stock Exchange?
A) CORONA
B) CMB
C) CNMB
D) CORBAN
Answer: B) CMB
Who are Coronation Merchant Bank's primary competitors in the financial industry?
A) Pepsi and Coca-Cola
B) Access Bank and Zenith Bank
C) Apple and Microsoft
D) Google and Amazon
Answer: B) Access Bank and Zenith Bank
What is the tagline or slogan of Coronation Merchant Bank?
A) "Your Financial Partner for Life"
B) "Banking Made Easy"
C) "Invest for a Better Tomorrow"
D) "The Future of Banking"
Answer: A) "Your Financial Partner for Life"
What is the regulatory body that oversees Coronation Merchant Bank's operations in Nigeria?
A) Central Bank of Nigeria
B) Securities and Exchange Commission (SEC)
C) World Bank
D) African Union
Answer: B) Securities and Exchange Commission (SEC)
Coronation Merchant Bank is known for its expertise in which financial sector?
A) Healthcare
B) Technology
C) Energy
D) Entertainment
Answer: C) Energy
Which of the following services is NOT offered by Coronation Merchant Bank?
A) Wealth Management
B) Corporate Finance
C) Mobile Banking
D) Treasury Services
Answer: C) Mobile Banking
Who are the major shareholders of Coronation Merchant Bank?
A) The Nigerian Government
B) Private individuals
C) International corporations
D) Non-profit organizations
Answer: B) Private individuals
What is the official website of Coronation Merchant Bank?
A) www.coronationbank.com
B) www.coronationng.com
C) www.bankcoronation.com
D) www.cmbnigeria.com
Answer: A) www.coronationbank.com
In which year did Coronation Merchant Bank receive its banking license from the Central Bank of Nigeria?
A) 1995
B) 2002
C) 2010
D) 1990
Answer: B) 2002
What is the minimum initial investment required to open a personal account with Coronation Merchant Bank?
A) ₦10,000
B) ₦100,000
C) ₦1,000,000
D) ₦10,000,000
Answer: B) ₦100,000
Which credit rating agencies have assessed Coronation Merchant Bank's financial stability?
A) Moody's and S&P
B) Fitch and Dun & Bradstreet
C) Standard & Poor's and A.M. Best
D) Experian and Equifax
Answer: A) Moody's and S&P
What is the primary currency of operation for Coronation Merchant Bank?
A) Euro (EUR)
B) US Dollar (USD)
C) Nigerian Naira (NGN)
D) British Pound (GBP)
Answer: C) Nigerian Naira (NGN)
How does Coronation Merchant Bank contribute to corporate social responsibility?
A) By offering free banking services to all customers
B) Through donations to environmental causes
C) By supporting education and community development initiatives
D) By organizing weekly charity events
Answer: C) By supporting education and community development initiatives
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