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 ::

The Article - I of the constitution of India describes India as Union of States.

Plants are producers, which means they make their own food. Chloroplasts are organelles found in eukaryotic and plant cells that conduct photosynthesis. Chloroplasts absorb sunlight and use it in conjunction with water and carbon dioxide gas to produce food for the plant.

Plants use energy from sunlight to help make their food, but they need chloroplasts to do it.

Hence, in plants, chloroplasts are necessary for Photosynthesis.

The Double V Campaign was used in World War II. The purpose of the double v campaign is to fight for victory and ending segregation at home.

It was aimed at African-Americans, and it first appeared in an African-American newspaper, the Pittsburgh Courier, in 1942. The Double V Campaign worked to have a victory over racism abroad and racism in the United States.

It stood so it gave a chance for Black Americans to fight in the war so they could achieve Victory at Home and Abroad- (Civil Rights then the war in the Atlantic and Pacific).

The reciprocal of a negative number is always a negative number. So that the number and its reciprocal multiply to 1. 

All real numbers except 0 have reciprocals.