Nigerian Stock Exchange Aptitude Test Study Questions and Answers
Sample Question 1
Have you ever set your mouth on fire by biting into a chilli pepper? The sensation is caused by capsaicin, a chemical compound that stimulates the mouth’s pain receptors, which in turn tell the brain you’ve eaten something hot. The body reacts by perspiring and releasing endorphins, the “feel-good” effect of which perhaps accounts for spicy food’s appeal. The first scale for measuring a chilli’s heat was developed in 1912 by the chemist Wilbur Scoville. Scoville Heat Units refer to the number of times a chilli must be diluted before it is undetectable to tasters...
1. Which two of these statements must be true?
A. Chilli peppers are only indigenous to South and Central America.
B. The scale developed by Wilbur Scoville is inherently subjective.
C. Capsaicin is actually carcinogenic
D. Columbus introduced chillies to the world via spain
Sample Question 2
2. Which two of these statements must be true?
A. Some people eat chilli peppers for their psychological effect as well as their spicy taste.
B. Naga jolokia is the world’s hottest chilli.
C. The most important use of chilli pepper is to loss weight
D. Endorphin is an hormone that makes you feel good
3. Which two of these statements must be true?
A. Wilbur’s scale was not the most efficient for measuring chilli’s heat.
B. Chillies have medical values.
C. Capsaicin sends a message to the brain that you have eaten something hot
D. High pressure liquid chromatography was developed in the 20 century
Sample Question 3
4. For which laptop, or laptops, is the difference between the manufacturing cost and the design cost less than 20% of the manufacturing cost?
(B) Stunn and Adelphi
(E) None of these
Sample Question 4
5: When the price of underlying asset increases then the good option is
A. buy the call option
B. sell the call option
C. buy the put option
D. sell the put option
6. The markets in which the derivatives are traded are classified as
A. assets backed market
B. cash flow backed markets
C. mortgage backed markets
D. derivative securities markets
7: The price of an option is subtracted from time value of option to calculate
A. book value index
B. market index
C. intrinsic value
D. extrinsic value