Exams

Among the given options, Tata Steel company received the award as one of the 2019 World’s Most Ethical Companies.

Bhopal mayor Alok Sharma provision to build a cow crematorium in the Madhya Pradesh capital city Bhopal.

The Supreme Court of India, the highest court in the Republic of India. There are currently 25 judges (including Chief Justice of India) against a maximum possible strength of 31. As per the Constitution of India, judges of the Supreme Court retire at age 65.

Justice Dipak Misra, from Odisha is the current and 45th head.

The persons whose primary investing objective is to preserve capital while generating a tax-free income stream, then municipal bonds are worth considering.

Municipal bonds (munis) are debt obligations issued by government entities. When you buy a municipal bond, you are loaning money to the issuer in exchange for a set number of interest payments over a predetermined period. At the end of that period, the bond reaches its maturity date, and the full amount of your original investment is returned to you.

Types of Municipal Bonds :

Municipal bonds come in the following two varieties:

1. General obligation bonds (GO)
2. Revenue bonds

General obligation bonds, issued to raise immediate capital to cover expenses, are supported by the taxing power of the issuer.

Revenue bonds, which are issued to fund infrastructure projects, are supported by the income generated by those projects.

Both types of bonds are tax exempt and particularly attractive to risk-averse investors due to the high likelihood that the issuers will repay their debts.