Step 1: Apply Stokes' Law for a rising bubble.
According to Stokes' law, the viscous drag force acting on a small spherical bubble moving through a liquid is given by:
\[
F = 6 \pi \eta r v
\]
where \( r \) is the radius of the bubble, \( v \) is its terminal velocity, \( \eta \) is the coefficient of viscosity of the liquid, and \( F \) represents the drag force.
Step 2: Determine the buoyant force.
The upward buoyant force acting on the bubble is given by:
\[
F_{\text{buoyant}} = \rho_{\text{liq}} V g
\]
where \( \rho_{\text{liq}} \) is the density of the liquid, \( V \) is the volume of the bubble, and \( g \) is the acceleration due to gravity.
The volume of the spherical bubble is:
\[
V = \frac{4}{3} \pi r^3
\]
Step 3: Apply the condition for terminal velocity.
When the bubble rises with terminal velocity, the upward buoyant force balances the downward viscous drag force. Therefore:
\[
F_{\text{buoyant}} = F
\]
Substituting the expressions for both forces:
\[
\rho_{\text{liq}} \frac{4}{3} \pi r^3 g = 6 \pi \eta r v
\]
Cancelling the common terms and rearranging the equation to find viscosity \( \eta \):
\[
\eta = \frac{\rho_{\text{liq}} \frac{4}{3} r^3 g}{6 v}
\]
Step 4: Substitute the given values.
Given:
- \( r = 1 \, \text{mm} = 1 \times 10^{-3} \, \text{m} \)
- \( v = 0.5 \, \text{cm/s} = 5 \times 10^{-3} \, \text{m/s} \)
- \( \rho_{\text{liq}} = 2000 \, \text{kg/m}^3 \)
- \( g = 9.8 \, \text{m/s}^2 \)
Substituting these values into the formula:
\[
\eta = \frac{2000 \times \frac{4}{3} \pi \times (1 \times 10^{-3})^3 \times 9.8}{6 \times 5 \times 10^{-3}}
\]
On solving, the coefficient of viscosity of the liquid is obtained as:
\[
\eta = \frac{80}{9} \, \text{poise}
\]
Final Answer: \( \frac{80}{9} \, \text{poise} \).