Bank Exams Questions

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IBM has unveiled the world's smallest computer - a device no bigger than a grain of salt. Presented at the company's Think 2018 conference in Las Vegas, Nevada, the unit measures just 1mm by 1mm but has the same processing power as the x86 chip that ran early Nineties IBM desktop computers.

With slight modifications, the basic formula can be made to deal with compounding at intervals other than annually.

Since the compounding is done at six-monthly intervals, 4 per cent (half of 8 per cent) will be added to the value on each occasion.

Hence we use r = 0.04. Further, there will be ten additions of interest during the five years, and so n = 10. The formula now gives:

V = P(1 + r)10 = 5,000 x (1.04)10 = 7,401.22

Thus the value in this instance will be £7,401.22.

In a case such as this, the 8 per cent is called a nominal annual

rate, and we are actually referring to 4 per cent per six months.

The World Thalassaemia Day (WTD) is observed every year on May 8 to spread awareness about this deadly disease and the importance of blood donation and how it helps the millions of people suffering from Thalassemia worldwide. Thalassemia is genetic blood disorders characterised by reduction in the synthesis or absence of haemoglobin in the body. According to a WHO report, more than 90% patients with thalassaemia in western countries lead a normal life, whereas in India, roughly half of all patients die before reaching adulthood. Approx 3.9% of India’s population is a carrier for thalassemia. The 2017 theme ‘Together for Humanity’ highlights the need for unity and the efforts that are required to fight this fatal disease.

A completed their work in 8 X 2 = 16 days

B completed their work in 8 X 3 = 24 days

A and B one day work1/16 + 1/245/48

A and B completed their work in 48/5 days = 9.6 days

The first of the four stages of coal formation is lignite coal.

There are four stages of coal formation:

1. Peat,

2. Lignite,

3. Bituminous and

4. Anthracite.

The bacteria has removed a large portion of the other constituents of the plant matter and left around 25 to 34 percent.