Bank PO Questions

The pilgrims follow John Calvin's teachings.

Digboi, in Assam is where the oldest oil refinery in India. It was build in 1901.

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 ::

A person who enjoys in feeling or being pain is called Masochist. The person who enjoys inflicting pain on others is called as Sadist.

The device which is used to measure air pressure is called as barometer. If the barometer reading is rising, it indicates that the air pressure is increasing and if the reading is falling the air pressure is decreaing.

In India, the right to vote is provided by the Constitution and the Representation of People's Act, 1951, subject to certain disqualifications. Article 326 of the Constitution guarantees the right to vote to every citizen above the age of 18.