Bank Exams Questions

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"CD-ROM is a semiconductor memory" is a FALSE statement.

Compact Disc-Read-Only Memory, a type of optical disk capable of storing large amounts of data -- up to 1GB, although the most common size is 650MB (megabytes). A single CD-ROM has the storage capacity of 700 floppy disks, enough memory to store about 300,000 textpages.

Semiconductor memory is a type of semiconductor device tasked with storing data. There are two electronic data storage mediums that we can utilize, magnetic or optical.

Magnetic storage:

* Stores data in magnetic form.

* Affected by magnetic fields.

* Has high storage capacity.

* Doesn't use a laser to read/write data.

* Magnetic storage devices are; Hard disk , Floppy disk, Magnetic tape etc.

Optical storage:

* Stores data optically, uses laser to read/write.

* Not affected by magnetic fields.

* Has less storage than a hard disk.

* Data accessing is high, compared to a floppy disc.

* Optical storage devices are; CD-ROM,CD-R, CD-RW, DVD etc.

There is also volatile memory. This is memory that loses its data once power is cut off, while non-volatile memory retains data even without power.

A bank run occurs when a large number of people withdraw their money from a bank, because they believe the bank may cease to function soon.

A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as people suddenly try to convert their threatened deposits into cash or try to get out of their domestic banking system altogether.

110% of S.P. = Rs. 616

S.P. = (616 x 100)/110 = Rs. 560

C.P = (110 x 560)/112 = Rs. 500