Bank Clerk Questions

Phoebus Levene was an organic chemist in the early 1900's. He is perhaps best known for his incorrect tetranucleotide hypothesis of DNA. He is who studied the structure and function of nucleic acids.

The discovery of Identification of Ribose and Deoxyribose is attributed to Phoebus Levene.

Belief in the existence of one god, or in the oneness of God is called Monotheism.

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%.

Tubes that bifurcate from the windpipe are called Bronchi.

The small intestine is the main area of the GI tract for absorption.

The small intestine has three separate sections. Theyare :

1. The duodenum

2. Jejunum and

3. Ileum.

Hence, the majority of nutrient absorption occurs in the duodenum and jejunum of small intestine.