QUES: Each August, Turner Classic Movies suspends its regular schedule for a special month of film marathons called "Summer Under the Stars", which features entire daily schedules devoted to the work of a particular actor, with movies and specials that pertain to the star of the day. In the summer of 2007, the channel debuted "Funday Night at the Movies", a block hosted by actor Tom Kenny (best known as the voice of SpongeBob SquarePants). This summer block featured classic feature films (such as The Wizard of Oz, Sounder, Bringing Up Baby, Singin' in the Rain, Mr. Smith Goes to Washington, The Adventures of Robin Hood and 20,000 Leagues Under the Sea) aimed at introducing these movies to new generations of children and their families.
In what month does the Funday Night at the Movies event take place?

ANS: unanswerable

QUES: Stepper motors can be rotated to a specific angle in discrete steps with ease, and hence stepper motors are used for read/write head positioning in computer floppy diskette drives. They were used for the same purpose in pre-gigabyte era computer disk drives, where the precision and speed they offered was adequate for the correct positioning of the read/write head of a hard disk drive. As drive density increased, the precision and speed limitations of stepper motors made them obsolete for hard drivesthe precision limitation made them unusable, and the speed limitation made them uncompetitivethus newer hard disk drives use voice coil-based head actuator systems. (The term "voice coil" in this connection is historic; it refers to the structure in a typical (cone type) loudspeaker. This structure was used for a while to position the heads. Modern drives have a pivoted coil mount; the coil swings back and forth, something like a blade of a rotating fan. Nevertheless, like a voice coil, modern actuator coil conductors (the magnet wire) move perpendicular to the magnetic lines of force.)
Why weren't stepper motors abandoned in computer drive designs?

ANS: unanswerable

QUES: On January 22, 2008, Apple reported the best quarter revenue and earnings in Apple's history so far. Apple posted record revenue of US$9.6 billion and record net quarterly profit of US$1.58 billion. 42% of Apple's revenue for the First fiscal quarter of 2008 came from iPod sales, followed by 21% from notebook sales and 16% from desktop sales.
When did Apple reveal it had achieved its highest quarterly earnings to date?

ANS: January 22, 2008

QUES: A 2000 United States Department of the Treasury study of lending trends for 305 cities from 1993 to 1998 showed that $467 billion of mortgage lending was made by Community Reinvestment Act (CRA)-covered lenders into low and mid level income (LMI) borrowers and neighborhoods, representing 10% of all U.S. mortgage lending during the period. The majority of these were prime loans. Sub-prime loans made by CRA-covered institutions constituted a 3% market share of LMI loans in 1998, but in the run-up to the crisis, fully 25% of all sub-prime lending occurred at CRA-covered institutions and another 25% of sub-prime loans had some connection with CRA. In addition, an analysis by the Federal Reserve Bank of Dallas in 2009, however, concluded that the CRA was not responsible for the mortgage loan crisis, pointing out that CRA rules have been in place since 1995 whereas the poor lending emerged only a decade later. Furthermore, most sub-prime loans were not made to the LMI borrowers targeted by the CRA, especially in the years 20052006 leading up to the crisis. Nor did it find any evidence that lending under the CRA rules increased delinquency rates or that the CRA indirectly influenced independent mortgage lenders to ramp up sub-prime lending.
What percent of mortgage lending was made by Community Reinvestment Act covered lenders from 1993 to 1998?

ANS:
10%