Excel Test

Last Updated :

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Blog Author :

WallStreetMojo Team

Edited by :

Ashish Kumar Srivastav

Reviewed by :

Dheeraj Vaidya, CFA, FRM

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What is Excel Test?

The Excel test is the tool to measure the knowledge of Excel. Employers usually conduct it during the recruiting process. It aims to test the skill level in Excel as it reduces human work and makes it very easy.

This Excel test provides you with the top 18 frequently asked questions (multiple choice) in basic Excel.

Table of contents

Excel Test Questions and Answers

Following are the few question and answers to the Excel test asked by the employers while recruiting the employees:

1 - What is the shortcut key for the Autosum?

  1. ALT and =
  2. CTRL and =
  3. ALT and S
  4. CTRL and S

Answer: (a)  ALT and =

2 - What is the formula for inserting the Random numbers in excel?

  1. RAND ()
  2. RANDBETWEEN (BOTTOM, TOP)
  3. RANDBETWEEN (TOP, BOTTOM)
  4. RAND (TOP, BOTTOM)

Answer: (b) RANDBETWEEN (Bottom, Top)

3 - What is the formula for finding the average of numbers?

  1. AVERAGE (NUMBER1, NUMBER2, NUMBER3, NUMBER….)
  2. AVERAGE (SUM OF NUMBERS)
  3. AVERAGE (NUMBER1 + NUMBER 2 + NUMBER 3….)
  4. AVERAGE (VALUE1, VALUE2, VALUE3…)

Answer: (a) AVERAGE (NUMBER1, NUMBER2, NUMBER3, NUMBER….)

4 - How to find the current date and time in excel?

  1. Now ()
  2. Current date ()
  3. Date time ()
  4. Today ()

Answer: (a) Now ()

5 - What is a shortcut to insert the table?

  1. CTRL+S
  2. CTRL+T
  3. CTRL+A
  4. Alt+T

Answer: (b) CTRL+ T

6 - Shortcut for expanding or collapsing the formula bar?

  1. CTRL+ Alt+ A
  2. CTRL+ Shift + U
  3. CTRL+ Alt + U
  4. Alt+ Shift

Answer: (b) CTRL+ Shift + U

7 – X Co. is looking into three of the potential projects and will accept the project only if the IRR from the project is expected to be 12% or above. What formula shows whether to accept or reject the projects under consideration?

Excel Test - question 7

Solution

Excel Test - question 7.1
  1.  IF(B$13>12,"accept","reject")
  2. IF(B13>12,"accept","reject")
  3. IF(B$13>12,accept,reject)
  4. IF(B13>12,accept,reject)

Answer: (b) IF(B3>13,"accept","reject")

8 - What is the Formula for Rounding off the Number fully without any decimal?

  1. =ROUND(NUMBER,0)
  2. =ROUND(NUMBER,1)
  3. =ROUND(NUMBER,2)
  4. =ROUND(NUMBER)

Answer: (a) =ROUND(NUMBER,0)

9 - What is the table tool for evaluating and analyzing the data?

  1. Pie chart
  2. Insert Table
  3. Insert Chart
  4. Pivot Table

Answer: (d) Pivot Table

10 - What is the formula for calculating EMI in Excel?

  1. =PMT (rate,nper,pv)
  2. =PMT (nper, rate, pv)
  3. =PMVT (rate, nper, pv)
  4. =PMET (rate, nper, pv)

Answer: = (a) PMT (rate, nper, pv)

11 - A taken Loan of $ 5,00,000 for 5 years, rate of interest is 9% p.a calculate EMI?

  1. $ 3750
  2. $ 3820
  3. $ 3978
  4. $ 3650

Answer: (a) $ 3750

12 - What is the shortcut to insert the hyperlink?

  1. CTRL+K
  2. CTRL+Q
  3. CRTL+E
  4. ALT+K

Answer: (a) CTRL+K

13 - What is the shortcut for entering the current time?

  1. Ctrl + Shift + ;
  2. Ctrl + Shift + :
  3. Ctrl + :
  4. Ctrl + ;

Answer: (b) Ctrl + Shift + :

14 – What is the shortcut for copying the formula from the above row?

  1. Ctrl + “
  2. Ctrl + ‘
  3. Alt + :
  4. Alt +’

Answer: (b) Ctrl + ‘

15 – What is the shortcut for copying the value from the above cell?

  1. Ctrl + Shift + “
  2. Ctrl + “
  3. Alt + Shift + “
  4. Alt +’

Answer: (a) Ctrl + Shift + “

16 – What is the shortcut for selecting the entire column?

  1. Ctrl + Spacebar
  2. Ctrl + A
  3. Ctrl + Q
  4. Alt + Spacebar

Answer: (a) Ctrl + Spacebar

17 – What is the shortcut for activating the previous workbook?

  1. Ctrl + Shift + Fn
  2. Ctrl + Shift + Tab
  3. Ctrl + Shift + Spacebar
  4. Ctrl + Shift + Capslock

Answer: (b) Ctrl + Shift + Tab

18 – What is the formula used for totaling the numbers?

  1. Sum (the selected numbers)
  2. Autosum (the selected numbers)
  3. Total (selected numbers)
  4. Calculate (the selected numbers)

Answer: (a) Sum (the selected numbers)