CAT Questions

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The basic concept in economics is that all resources are limited.

There are nearly about 75000 enzymes of 3 classes are there in the human body. They are :

1. Metabolic Enzymes - Enzymes that help to run our Bodies

2. Digestive Enzymes - Enzymes that help in digesting Food

3. Food Enzymes - Enzymes from raw foods that start our Food digestion.

The pilgrims follow John Calvin's teachings.

Chemically marble is known as Calcareous rock as it is composed of carbonate minerals like calcite or dolomite.

The potable water is the water, which is tested and safe for drinking purpose and cooking preparations. The water is tested and purified in industries. So, the potable water is costly.

Hence, Access to potable water is most heavily limited by money.

The study of Brain is called as Phrenology. 

Neurology is a branch of medicine dealing with disorders of the nervous system.

Nephrology is the study of kidney.

Neurobiology or Neuroscience is the study of the nervous system

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%.