CBN Aptitude Test study materials
CBN Aptitude Test study resources

CBN Aptitude Test key terms

CBN Aptitude Test · Get comfortable with the vocabulary.

Percentage

A way of expressing a number as a fraction of 100, so 25% means 25 out of every 100. Used to compare quantities and measure change.

Related: Ratio, Percentage Change
Ratio

A comparison of two or more quantities showing how many times one value contains another, written like 3:2. Ratios express relative size, not absolute amounts.

Related: Proportion, Percentage
Proportion

A statement that two ratios are equal, such as 2:4 = 1:2. Used to solve problems where quantities scale together at a constant rate.

Related: Ratio, Direct Variation
Average (Mean)

The sum of a set of values divided by how many values there are. It gives a single central figure representing the whole group.

Related: Median, Weighted Average
Median

The middle value in an ordered list of numbers. If the list has an even count, it is the average of the two middle values.

Related: Average (Mean), Mode
Mode

The value that appears most often in a data set. A set may have one mode, several modes, or none at all.

Related: Median, Average (Mean)
Percentage Change

The difference between an old and new value expressed as a percentage of the original value. Used to describe growth, inflation, or decline.

Related: Percentage, Compound Interest
Simple Interest

Interest calculated only on the original principal amount for each period, never on interest already earned. Formula: principal × rate × time.

Related: Compound Interest, Principal
Compound Interest

Interest calculated on both the original principal and on interest added in earlier periods, so the balance grows faster over time than with simple interest.

Related: Simple Interest, Principal
Principal

The original sum of money borrowed or invested, before any interest is added. Interest calculations are based on this starting amount.

Related: Simple Interest, Compound Interest
Profit and Loss

The gain or shortfall when an item is sold for more or less than its cost price. Profit equals selling price minus cost price; loss is the reverse.

Related: Percentage Change, Cost Price
Cost Price

The amount a seller pays to acquire or produce a good. Selling price is compared against it to determine profit or loss.

Related: Profit and Loss, Selling Price
Selling Price

The amount for which a good or service is actually sold to a buyer. It may include a markup over cost price or reflect a discount.

Related: Cost Price, Profit and Loss
Direct Variation

A relationship where one quantity increases as another increases at the same rate, so their ratio stays constant. Doubling one doubles the other.

Related: Inverse Variation, Proportion
Inverse Variation

A relationship where one quantity rises as another falls, so their product stays constant. Doubling one halves the other.

Related: Direct Variation, Proportion
Weighted Average

An average where some values count more than others according to assigned weights. It reflects the relative importance of each item in the group.

Related: Average (Mean), Percentage
Synonym

A word that has the same or a very similar meaning to another word, such as 'begin' and 'commence'. Tested to measure vocabulary breadth.

Related: Antonym, Connotation
Antonym

A word with the opposite meaning to another word, such as 'expand' and 'contract'. Questions ask you to pick the word most opposite in meaning.

Related: Synonym, Connotation
Analogy

A comparison showing a relationship between two pairs of words, such as 'pen is to write as knife is to cut'. The task is to identify the same relationship.

Related: Synonym, Inference
Inference

A conclusion drawn from evidence in a passage even though it is not stated directly. It must be logically supported by the text, not guessed.

Related: Main Idea, Assumption
Main Idea

The central point a passage is built around, summarising what the author most wants to convey. Other sentences support or explain it.

Related: Inference, Tone
Tone

The attitude an author expresses through word choice, such as critical, humorous, or neutral. It shapes how the reader should interpret the passage.

Related: Main Idea, Connotation
Connotation

The feelings or associations a word carries beyond its literal meaning, such as 'cheap' versus 'affordable'. It affects the emotional colour of a sentence.

Related: Denotation, Tone
Denotation

The literal, dictionary meaning of a word, separate from any emotional associations it may carry. It is the neutral core sense of the term.

Related: Connotation, Synonym
Assumption

An unstated belief the author takes for granted while making an argument. If the assumption fails, the argument's conclusion is weakened.

Related: Inference, Premise
Premise

A stated reason or piece of evidence offered in support of a conclusion in an argument. Conclusions rest on one or more premises.

Related: Conclusion, Assumption
Conclusion

The claim an argument tries to establish, supported by its premises. It is what the author wants the reader to accept as true.

Related: Premise, Assumption
Syllogism

A form of logical reasoning with two premises leading to a conclusion, such as 'all A are B; all B are C; so all A are C'.

Related: Deduction, Premise
Deduction

Reasoning from general rules to a specific conclusion that must follow if the rules are true. The conclusion is certain, not merely probable.

Related: Induction, Syllogism
Induction

Reasoning from specific observations to a general rule or pattern. The conclusion is probable rather than guaranteed, since unseen cases may differ.

Related: Deduction, Pattern Recognition
Pattern Recognition

The ability to spot a rule, sequence, or repetition in data, shapes, or numbers and use it to predict what comes next.

Related: Induction, Sequence
Sequence

An ordered list of numbers, letters, or symbols that follows a rule. The task is usually to identify the rule and supply the missing term.

Related: Pattern Recognition, Series Completion
Series Completion

A question type where a partly given sequence must be continued by finding the underlying rule governing how each term changes.

Related: Sequence, Pattern Recognition
Spatial Reasoning

The ability to mentally picture and manipulate shapes, rotations, and positions. Tested with figures that must be rotated, folded, or mirrored.

Related: Pattern Recognition, Analogy
Logical Connective

A word such as 'and', 'or', 'if...then', or 'not' that joins statements and determines the truth conditions of the combined statement.

Related: Syllogism, Deduction
Inflation

A sustained rise in the general level of prices, which reduces the purchasing power of money over time. Usually measured by a consumer price index.

Related: Purchasing Power, Interest Rate
Gross Domestic Product (GDP)

The total market value of all final goods and services produced within a country in a given period. It is the standard measure of economic size.

Related: Per Capita Income, Fiscal Policy
Interest Rate

The percentage charged for borrowing money or earned for saving it, usually expressed per year. It influences spending, saving, and investment decisions.

Related: Inflation, Principal
Fiscal Policy

Government decisions about taxation and public spending to influence the economy. It is used to stimulate growth or cool down demand.

Related: Monetary Policy, Gross Domestic Product (GDP)
Monetary Policy

Actions by a central bank to control money supply and interest rates, aiming to manage inflation and support economic stability.

Related: Fiscal Policy, Interest Rate