Bank Clerk Questions

Piyush Goel

Nuclear power energy source generates radioactive waste.

The purpose of the Preamble is to clarify

1. who has made the Constitution,

2. what is the ultimate sanction behind it,

3. what are its goals and objectives,

4. what is its source (and)

5. what is the nature of the polity which is sought to be established by the Constitution.

Actually, the preamble is the opening statement to the United States Constitution.

The words in the Preamble ::

 'We the people of India, in our Constituent Assembly, do hereby adopt, enact and give to ourselves this Constitution'.

In Type 1 diabetes, body do not produce any insulin. In type 2 diabetes, body can produce some insulin.

Hence, the given statement that most type 2 diabetics do not produce insulin is "FALSE."

The Story telling or The narrative form of paintings were the early examples of art photography which were often imitated.

A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer.

This process is known as Intercompany Settlement. 

Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)

Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

How it grows ::