Bank Clerk Questions

Cotton Gin was invented by Eli Whitney in 1793, which is used to separate cotton seeds from cotton fiber.

Hence, it was an important invention because it dramatically reduced the amount of time it took to separate cotton seeds from cotton fiber.

Compounds are substances is true about them.

Veins seen in the leaves, serve the function of Transpiration.

Transpiration is the process by which moisture is carried through plants from roots to small pores on the underside of leaves, where it changes to vapor and is released to the atmosphere. 

The Indira Gandhi Zoological Park is located in Vishakapatnam (Vizag) in the state of Andhra Pradesh.

An octopus have 3 hearts, 9 brains and 8 tentacles.

Clearly, reducing the number of aspirants for admission to colleges or sending the students of well-to-do families to foreign countries for higher studies, is no proper solution. So, both I and III do not follow. The right solution is to increase the number of colleges so as t accommodate the increasing number of admission-seekers. So, only II follows.

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%.

The given letter equation 18 h on a g c represents that 18 holes on a golf course.