CAT Questions

---

Hungarian capital city Budapest is where the World Wrestling Championship has begun in which Bajrang Punia resembles India.

Fractional reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Fractional reserve banking is a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.

The current Chairman of Indian Space Research Organisation(ISRO) is Kailasavadivoo Sivan.

When water is cooled from 4°C to 0°C, its density decreases.

When water cools from 4°C to 0°C, ice crystals begin to form because the water is approaching its freezing point. When water freezes, the water molecules form a lattice that increases the volume. As a result, the density decreases. This is why ice will float on top of water; ice has a lower density than the water.

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.

An electric fuse is based on the heating effect of the current.