Bank PO Questions

Capital Gains Tax on Property:

1. Short term,

2. Long term

Short Term Capital Gain on property is considered as a gain from selling a property which was held by you for less than 36 months. As a taxpayer, you are liable to pay tax on short term capital gain on property as per your applicable marginal income tax slab.

* Current Short Term Capital Gains tax rate is 30%.

Long Term Capital Gain

When you sell your property that is owned by you for more than three years, any gain arising from such sale will be considered as long term capital gain. Long term capital gain is calculated as the difference between net sales consideration and indexed cost of property.

* Current Long Term Capital Gains tax rate is 20%.

The least common multiple of 12 and 15 is

12 = 2 x 2 x 3

15 = 3 x 5

LCM of 12 and 15 is  2 x 2 x 3 x 5 = 60.

The repeating units that are used to form the helical DNA structure are called nucleotides.

Belarus is a European country whose capital city is Minsk.

Assemblers are used to translate a program written in a low-level assembly language into a machine code (object code) file so it can be used and executed by the computer.

Hence, Assembler is the translator program used in assembly language.

Let the two different rates of interests be r1 and r2 respectively.

From the given data,

$$\begin{gathered} 2600 x 4 x r1 - r2100 = 402.80 \\ r1 - r2 = 402.80104 = 3.87 \end{gathered}$$

Hence, the difference in the interest rates = 3.87

The National Association for the Advancement of Colored People (NAACP) is a civil rights organization in the United States, formed in 1909. 

 Du Bois, Moorfield Storey and Mary White Ovington and some more in the group helped to form NAACP.