Bank Clerk Questions

India ropes in space technology to track border management.

Heat from the sun travels in the form of rays and are called as heat rays. This heat is called as radiation.

All the data in a computer system consists of binary information. 'Binary' means there are only 2 possible values: 0 and 1.

Computer software translates the information you actually give on it such as decimal numbers, text, photos, sound, and video to the binary information.

Inflation risk, also called purchasing power risk, is the chance that the cash flows from an investment won't be worth as much in the future because of changes in purchasing power due to inflation.

HOW IT WORKS (EXAMPLE):

For example, $1,000,000 in bonds with a 10% coupon might generate enough interest payments for a retiree to live on, but with an annual 3% inflation rate, every $1,000 produced by the portfolio will only be worth $970 next year and about $940 the year after that. The rising inflation means that the interest payments have less and less purchasing power. And the principal, when it is repaid after several years, will buy substantially less than it did when the investor first purchased the bonds.