Bank PO Questions

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 ::

Space Applications Centre (SAC) is one of the major centres of the Indian Space Research Organisation (ISRO) which is located in Ahmadabad.

SAC focuses on the design of space-borne instruments for ISRO missions and development and operationalisation of applications of space technology for societal benefits. The applications cover communication, broadcasting, navigation, disaster monitoring, meteorology, oceanography, environment monitoring and natural resources survey.

Magnetism in materials is due to circular motion of electrons.

An elastomer is a polymer with viscoelasticity which have low youngs modulus with weak intermolecular forces when compared with other materials.

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'.

The urinary system purpose in the human body is to eleminate the waste from the body. The urinary system is also called as Rena system. It consists of kidney, ureter, urinary bladder and urethra.