Bank Exams Questions

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Yes, plant cells have Mitochondria.

While plant cells have chloroplasts to photosynthesize, they also require ATP for cellular functions, and do use oxygen to break down some of the sugar they produce in order to generate that ATP. They need mitochondria for this.

In particular, at night when there is no light, plants undergo cellular respiration since there is no sunlight to photosynthesize.

They do, however, produce far more sugar and oxygen through photosynthesis than they use up in respiration.

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%.

A line on a map connecting points that have the same average percentage of cloudiness is called Isoneph.