CAT Questions

---

A permanent magnet can affect both magnets and electromagnets.

A permanent magnet has natural magnetic properties while a temporal magnet is created by artificial means. Permanent magnets do not lose their magnetic ability.

Fractional reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Fractional reserve banking is a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.

The President can declare financial emergency under Article 360.

The finance minister of india, Mr arun jaitley is the committee head of the merger of the public sector banks.

A storage device refers to a computing hardware used to store information permanently or temporarily. The device can be external or internal to a computer, server, and other computing systems.

There are two types of storage devices used with computers: a primary storage device, such as RAM, and a secondary storage device, like a hard drive. Secondary storage can be removable, internal, or external.

Here printer is not the storage device, it is an outut.