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Commercial Bank of Ethiopia Exam Questions and Answers

SECTION ONE: VERBAL REASONING

Direction: In this section (questions 1-3) each of the two CAPITALIZED words has a certain relationship to each other. Following the capitalized words are pairs of words. Select the lettered pair of words wherein the words are related in the same way as the two CAPITALIZED words are related to each other. Then give the answer on the separate answer sheet provided.

1. DOMAIN: FIELD

2. CONFIRM: REJECT

3. EMULATE: DISREGARD

Direction: In these questions (4-7) each question below consists of a word printed in capital letters followed by four words. Choose the word that is most nearly opposite in meaning to the word in capital letters.

4. RECOLLECT

5. INGENUITY

6. INHIBIT

7. ENDOW

Direction: For questions 8-11 choose the word/phrase that is similar in meaning to the underlined word or phrase in the sentence.

8. The judges took down the evidence produced by the attorney.

9. When the thief saw the guard at the main gate, he managed to get off from the attack.

10. Though defeated, Chechnya, the separatist republic of Russia, would not give in.

11. An epidemic of plague had broken out in some villages of Gambella.

Direction: Read each of the questions below (questions 12-15) and choose the word or phrase that correctly fits the blank space. Then give your answer in the separate answer sheet provided.

12. There is no doubt that one has to keep ________ with the changing time.

13. Most of the issues discussed in the meeting were trivial and only a few were _________

14. ________ by people’s perception could be misleading

15. A document that shows all your withdrawals and deposits (usually for one month) is called _______

16. If your cheque _____ there were probably not enough money in your account to cover it

17. The process ______ selecting candidates is a difficult one.

18. ________ talked about this later.

19. We don't examine patients ______ we have verified their insurance coverage.

20. A good manager knows how to get _______ out of the staff.

Reading Comprehension
Directions: Read the following passage and answer the questions (21-25) that follow it.

Banking and banks are very important for the functioning of the modern world. Without banks, the way we use money wouldn’t work. Banks enable people to save money, borrow money, and to pay for things with ease and security.
Each country in the world has its own well-known banks that have branches in nearly every city so that they are convenient for people to use. People often have to visit the local branch of the bank when they want certain services. There are also some very big multinational banks that have branches in most countries in the world. 

As well as the local branches that are in most cities, each bank also has a head office. This is where all central tasks are performed that let the local branches function. The people that work in the branches will be the bank manager, the person in charge; and various tellers who work behind the bank counter and help the customers. There will also likely be security guards to protect the money, workers, and customers.

Most customers will just need to see the tellers when they go to the bank if they are depositing money into their account as either in cash or a cheque. However, they might need to see the bank manager if they want to open an account or if they have become overdrawn when they have spent more money than there was in the account. Also if they want to borrow money and get a loans they will need to see the bank manager who will have to approve it.

As well as being able to use cash or cheque to pay for things, banks also offer their customers the more convenient methods of using either a debit or a credit card. These methods are very convenient as you Just need to carry a small plastic card to be able to pay for anything- When paying with plastic card, you will need to either sign a receipt or enter a PIN number to conform the purchase and that you are authorized to use the card.

21. According to the text, what do banks enable people to do?

22. What is the purpose of the head office of a bank?

23. What do bank tellers do?

24. What happens when bank customers spend more money than they have in their account?

25. Which of the following methods is more convenient when paying for something than using a cheque?

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