Bank Clerk Questions

Lord William Bentinck was the Governor-General who prohibited practice of 'Sati' in the year 1829.

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.

The femur is the longest bone in the human body. It is also called as thigh bone. Stapes in the shortest bone in the body that is present in the middle ear.

BSNL network partnered with Google for expanding WiFi footprint.

The least penetrating power ray is Alpha rays.

Proof of Sum of cubes of first n even natural numbers ::

Hence, in other words, the sum of the first n cubes is the square of the sum of the first n natural numbers.