Bank Clerk Questions

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.

QRP

The substances in which two or more atoms are attached together are called as molecular substances. 

Properties of molecular substances ::

1. Molecular substances are bonded with covalent bonds

2. Bad heat conductivity

3. Bad electrical conductivity

4. Have low melting points.

Tax that uses the same rate for all income levels is proportional tax.

Value added is determined by the difference between the price of product or service and the cost of producing it.

Added Value = Price that the product or service is sold at - cost of producing the product.

Wavelength of a wave can be measured with the distance between two nearest crest and crest or nearest troughs. It is measured as armstrong units.

The Theme of National Press Day 2017 is "Challenges before media".

Demand is said to be inelastic, when the demand for the good doesn't change much or it is negotiable when the price of the good changed.