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Q:

What is virtual memory?

Answer

Virtual memory is hardware technique where the system appears to have more memory that it actually does. This is done by time-sharing, the physical memory and storage parts of the memory one disk when they are not actively being used.

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Q:

You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest?

A) 5years B) 6years
C) 7years D) 8years
 
Answer & Explanation Answer: A) 5years

Explanation:

I=prt

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Filed Under: Simple Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

A merchant receives an invoice for a motor boat for $20 000 with terms 4/30, n/100. What is the highest simple interest rate at which he can afford to borrow money in order to take advantage of the discount?

A) 247.67 B) 237.67
C) 227.67 D) 215.67
 
Answer & Explanation Answer: A) 247.67

Explanation:

Suppose the merchant will take advantage of the cash discount of 4% of $20 000 = $800 by paying the bill within 30 days from the date of invoice. He needs to borrow $20 000 = $800 = $19 200. He would borrow this money on day 30 and repay it on day 100 (the day the original invoice is due) resulting in a 70-day loan. The interest he should be willing to pay on borrowed money should not exceed the cash discount $800.

 

r=I/pt=21.73%

 

The highest simple interest rate at which the merchant can afford to borrow money is 21.73%. This is a break-even rate. If he can borrow money, say at a rate of 15%, he should do so. He would borrow $19 200 for 70 days at 15%. Maturity value of the loan is $19 200(1+0.15(70/365))=$19 752.33

 

savings would be $20 000 − $19 752.33 = $247.67

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Filed Under: Simple Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

What are the reasons for process suspension?

Answer

swapping


interactive user request


timing


parent process request

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Q:

Determine the exact and ordinary simple interest on a 90-day loan of $8000 at 812 %

A) 150$ B) $160
C) $170 D) $180
 
Answer & Explanation Answer: C) $170

Explanation:

Exact interest, I= prt = $8000 × 0.085 × 90/365 = 167.67

 

Ordinary Interest, I= Prt = $8000 x 0.085 x 90/360 = 170

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Filed Under: Simple Interest
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

List out some reasons for process termination.

Answer

- Normal completion


- Time limit exceeded


- Memory unavailable


- Bounds violation


- Protection error


- Arithmetic error


- Time overrun


- I/O failure


- Invalid instruction


- Privileged instruction


- Data misuse


- Operator or OS intervention


- Parent termination.

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Q:

If a card is drawn at random from a pack of 52 cards,what is the chance of getting a spade or ace?

A) 0.25 B) 5/13
C) 0.20 D) 4/13
 
Answer & Explanation Answer: D) 4/13

Explanation:

Number of spades in a standard deck of cards=13
Number of aces in a standard deck of cards=4
And,one of the aces is a spade.
So, 13 + 4 - 1 = 16 spades or aces to choose from.
Therfore,probabiltiy of getting a spade or an ace=16/52=4/13

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Filed Under: Probability

Q:

Is Windows NT a full blown object oriented operating system? Give reasons.

Answer

No Windows NT is not so, because its not implemented in object oriented language and the data structures reside within one executive component and are not represented as objects and it does not support object oriented capabilities.

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