Bank Clerk Questions

Gagan Narang was a famous Indian shooter who was first qualified to London Olympics. He was conferred with Arjuna Award for shooting. 

The problem faced, by the airlines and cargo agents is the non availability of cargo space. Therefore, right course of action is to combat the problem.

The Glorious Revolution of 1688 demonstrated that Parliament had power over the English monarchy.

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.

Let time period of S.I. be T years.

Then for a principal amount, say P,

ATQ, as, S.I. = C.I. for rate =10%p.a. and

time for C.I. = 2(P x 10 x T)/100 = P{[ (100+10)/100 ]2-1}T/10 = [ 110/100 ]2–1 = [(11/10)2–1] = (121-100)/100T/10 = 21/100T = 21/10 = 2.1 years

Tyres that are used in an Aircraft for landing are tubeless tyres.

In 2010, India's External Affairs Ministry had become the first ministry to have an account on twitter.

The twitter account created was @IndianDiplomacy. This was the first effort by a government ministry to harness the new age internet tools.