Microprocessor
A high on RESET OUT signifies that

 processing can begin when this signal goes high
 all the registers of the CPU are being reset
 all the registers and counters are being reset and this signal can be used to reset external support chip
 all the registers and counters are being reset

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Microprocessor
The interrupt facility is provided in microprocessor to

 keep a control on the working of the microprocessor
 stop the microprocessor when desired
 change the sequence of the instructions being executed
 stop the microprocessor when it starts malfunctioning

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