Here is the photo of the question. Also no its not from a VCE class, I just wanted to see if any of you math geniuses on ATAR notes could help! 
This is a Real Analysis question under the topic sequences, and a really fierce one

I will not bog you down with the actual proofs which require the use of really advanced maths concepts; the definition of inferior and superior limit, mathematical induction and some theorems relating to sequences. The simplest explanation is that they are the "end points" of a set of numbers.
The inferior limit is 0, which can be shown by noting that every number in the sequence is greater than or equal to zero using mathematical induction, and since

is zero, the inferior limit is 0.
The exterior limit on the other hand is 1, to show this we'll need to note 2 things. Firstly, it can be shown that

, so as

goes to infinity,

goes to 1 using the theorem

. Secondly it can be shown using mathematical induction that

is definitely less than 1. Hence the exterior limit is 1.