fbpx
CompleteFMC

NIRSAL MFB AGSMEIS Loan Application: This is how to pass the Business Plan Assessment Test

NIRSAL MFB AGSMEIS Loan Application: This is how to pass the Business Plan Assessment Test

NIRSAL MFB AGSMEIS Loan Application: This is how to pass the Business Plan Assessment Test. NIRSAL MFB AGSMEIS Loan is real. It can Grow your business faster than you think.

Furthermore, this assessment test is very essential to qualify for this loan. As a matter of fact, if you must get approval for this loan you need to log in to AGSMEIS loan application online portal form. On this platform you will also see how to check NIRSAL AGSMEIS loan approval procedure especially for AAGSMEIS non interest loan. Other interested areas to see include AGSMEIS portal registration confirmation, AGSMEIS app and NIRSAL AGSMEIS disbursement timing.

Please, note that NIRSAL MFB Loan can Grow your business faster than you think. The first reason is that it a a single digit interest loan scheme. Secondly, it has a longer tenor term for repayment. So, it’s a a fact that NIRSAL NMFB is your true MSME partner. As a matter of fact, the NIRSAL MFB initiative for sustainable development and employment generation is an economic fine tuning agent. But the inclusion of the test in this loan application is a strategic innovation. It has lead to many disqualifications.

NIRSAL MFB AGSMEIS is Helpful:

Furthermore, do you need to apply now? Then you need the AGSMEIS training registration form via AGSMEIS NMFB com ng portal. The AGSMEIS loan application portal 2022 gives details of AGSMEIS business plan model. So, check out this NIRSAL AGSMEIS loan application portal login link.

In fact, we have several stories to tell here about this CBN-NIRSAL AGSMEIS Non Interest Facility. Firstly, we attest to the fact that it assists you in the process of building your businesses or expanding an existing one. and in fact, maintaining your lifestyle. In the recent restructuring of the loan, the maximum you can now get is three million Naira (N3,000,000.00). This is the CBN/NIRSAL Microfinance Bank (NMFB) Agric-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS). You can apply now.

The Online Assessment Test:

As a matter of fact, the AGSMEIS loan application Online Assessment Test is a compulsory assessment test for all CBN-NIRSAL AGSMEIS applicants.

In this regard, we tell our second story. Our experience has shown that a lot of you fail this test. And once you fail it, you are disqualified and can not proceed in the application immediately until after six months. That is not a good one for you. Our advise is that you don’t need to try what you don’t know anything about. The questions are not chemistry nor physics questions. In fact, they are majorly commerce, economics and accounting questions. Please, instead of failing this test, spare some naira an contact us to for help.

In addition, this AGSMEIS loan application Online Assessment Test is to help you learn more about the application guidelines, eligibility and how to apply for and usage of the AGSMEIS loan. From the next paragraph we present some of the questions.

NIRSAL MFB AGSMEIS Loan Application: This is how to pass the Business Plan Assessment Test

The AGSMEIS Online Assessment Test usually consists of 20 multiple choice questions to be completed within the allotted time of 30 Minutes.

GENERATE YOUR BUSINESS PLAN: This an essential part of the NIRSAL MFB AGSMEIS Loan Application. This business plan must be done. If you are having problem in writing your business plan Completefmc.com will help you do it at a minimal cost. Just contact us.

As a matter of fact, at Completefmc.com you are sure to have your AGSMEIS business plan perfectly done. What we have is different from what you have from AGSMEIS loan approval nairaland. So get to know
how you may apply for NIBLOANS through AGSMEIS portal via nibloans nmfb com ng or
crs nmfb com ng. In addition, get information also on AGSMEIS EDI training.


Going forward, here are the AGSMEIS Online Assessment Test – At completefmc.com we make things easy for you. We write your business plan and undertake the NIRSAL MFB AGSMEIS Loan Application online assessment test for you. In over 500 NIRSAL MFB AGSMEIS Loan applications we have processed, we never failed any. So, we are your trusted partner.

NIRSAL MFB AGSMEIS Loan Application Business Plan Assessment Test


1. Jana noticed a problem while reviewing her company’s monthly income statement. She verified that the total revenue was N4,590 and that the total expenses were N1,452. However, the income statement showed a net income total of N1,383.

Which of the following reflects the correct net income?

A.N5,973

B.N3,381

C.N1,833

D.N3,138

2. Nigerian Businesses fail mainly due to the following reasons:

A. Poor management of human, material and financial resources

B. Lack of adequate knowledge to run and grow the business

C .Inconsistent government policies

D. All of the above

NIRSAL MFB AGSMEIS Loan Application: This is how to pass the Business Plan Assessment Test

READ ALSO: AGSMEIS app.nmfb.com.ng – How to Apply for CBN AGSMEIS Loans

3. A Business Plan is the unwritten document that describes your business.

A.True

B.False

4. Price Reduction could increase Sales And Customer Loyalty.

A.True

B. False

5. Why is it often necessary to provide employees with additional training?

A.To analyze diversity

B.To improve performance

C.To increase socialization

D.To identify sensitivity

6. Why you need to control the cost in business includes all except?

A.Innovation

B.Price Reduction

C.Royalties

D.Profitability

7.The essential elements of a Business Plan are the different sections of a Business Plan

A.True

B.False

8.The following are roles of ICT in business management

A.Account and Record Keeping

B.Customer Services Management

C.Marketing Management

D.All of the above

9.Which of the following is the most critical component of a Business Plan?

A.Market Analysis

B.Executive Summary

C. Company Description

D. Financial Plan

NIRSAL MFB AGSMEIS Loan Application: This is how to pass the Business Plan Assessment Test

10.During the month of July, sales at Handy’s Shoe Mart totaled N2,500. The cost of the shoes was N1,025. The owner paid N866 for supplies, insurance, rent and utilities during the month. The N609 left over represents the owner’s __

A.gross profit

B.sales income

C.net profit

D.operating expenses

11. What is the full meaning of AGSMEIS?

A. Agric, Small and Medium Enterprise International System

B. Agric, Small and Medium Enterprise International Scheme

C. Agricultural, Small and Medium Enterprise Investment Scheme

D. Agric-Business, Small and Medium Enterprise Investment Scheme

12. These are modern and common methods of advertising a business, especially in year 2022, except via:

A.Twitter

B.Facebook

C.Instagram

D.Newspaper Insert

13.Mrs.Hadiza owns a rice farm that employs 10 people. If the salary for each of Hadiza’s employees is NGN 30,000. How much would Mrs. Hadiza have paid her employees for 7 months?
A.NGN 3,000 000

B.NGN 210 000

C.NGN 300 000

D.NGN 2 100 000

14.The following are Qualities of an Entrepreneur except

A.Sees opportunities in problems

B.Doesn’t give up easily

C.Takes responsibility for any failure

D.Does not invest in Personal development

15.Mr. Musa wants to register his business with Corporate Affairs Commission for his groundnut oil business. Which of the following isn’t eligible for Mr. Musa to register his business under?

A.Limited Liability Company

B.Non-Governmental Organization

C.Unlimited Partnership

D. Business Name

NIRSAL MFB AGSMEIS Loan Application: This is how to pass the Business Plan Assessment Test

16.Cost Control System works in several ways.

A.True

B.False

17.How much is the cost of the AGSMEIS training?

A.N10 000

B.N8 000

C.N6 000

D.N4 000

18.The Entrepreneur is the Business?

A.True

B.False

19.When you are feeling stuck as an Entrepreneur, is there a need for a change in mindset?

A.Yes

B.No

20.The practice of identifying and reducing business expenses to increase profits is __?

A.Profitability

B. Cost Control

C.Budgeting

D. Accounting

NIRSAL MFB AGSMEIS Loan Application: This is how to pass the Business Plan Assessment Test

NIRSAL MFB AGSMEIS Loan Application


Question No. Correct Option
1 D.N3,138
2 D. All of the above
3 False
4 A. True
5 B. To improve performance
6 C. Royalties
7 A. True
8 D. All of the above
9 B. Executive Summary
10 C.net profit
11 D. Agric-Business, Small and Medium Enterprise Investment Scheme
12 D. Newspaper Insert
13 D.NGN 2 100 000
14 D. Does not invest in Personal development
15 B. Non-Governmental Organization
16 A. True
17 A.N10 000
18 B. False
19 A. Yes
20 B. Cost Control

Furthermore, NIRSAL MFB AGSMEIS Loan Application Business Plan Assessment Test is a standardized one. So, the questions is not always the same all the time. Different questions come from NIRSAL NMFB AGSMESIS Online Assessment question bank all the time. For the complete questions from the questions and their answers, directly from the question bank, please CONTACT US. And, then contact us for any of the following.

  1. A bankable Business Plan for all scope of operation
  2. Train and apply for CBN/BOI/ NIRSAL MFB AGSMEIS and other loan facilities
  3. Apply and obtain SCUML certificate for your banking purposes
  4. Apply and obtain contract bidding compliance certificates for you – PENCOMNSITFITFBPP IRR, Tax Clearance certificate
  5. Auditing Services and Tax management services
  6. Apply and obtain regulatory certificates – Import/Export licenses, NCC licenses, NAFDAC certificates etc.
  7. And other consultancy services.

Summing Up:

Furthermore, we may need to present another version of this test soon. So, keep this link open. Bookmark it for easy reference. Can you also share this to reach your contact or fellow applicants.
But, the truth is that you may need to contact us for your AGSMEIS EDI training and development of the business plan and the loan applications. Again, follow us on our social media platforms and like us on our Facebook platform for due follow up. And for your professional tips and recruitment gist click accordingly.

Leave a Reply

Your email address will not be published.

Shares