Exams


Q:

Who buys Municipal bonds?

Answer

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.

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Subject: Accounts Receivable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1952
Q:

9 women can complete a work in 50 days. If more 6 women were added to them, how many days before the work can be completed?

A) 30 B) 20
C) 15 D) 25
 
Answer & Explanation Answer: B) 20

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Filed Under: Time and Work
Exam Prep: Bank Exams

10 1952
Q:

Find the odd one out among the following.

A) ECS B) RTGS
C) NEFT D) EMI
 
Answer & Explanation Answer: D) EMI

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

0 1952
Q:

A passage is given with five questions following it. Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The saddest part of life lies not in the act of dying, but in failing to truly live while we are alive. Too many of us play small with our lives, never letting the fullness of our humanity see the light of day. I’ve learned that what really counts in life, in the end, is not how many toys we have collected or how much money we’ve accumulated, but how many of our talents we have liberated and used for a purpose that adds value to this world. What truly matters most are the lives we have touched and the legacy that we have left. Tolstoy put it so well when he wrote: “We live for ourselves only when we live for others.” It took me forty years to discover this simple point of wisdom.

 

Forty long years to discover that success cannot really be pursued. Success ensues and flows into your life as the unintended yet inevitable byproduct of a life spent enriching the lives of other people. When you shift your daily focus from a compulsion to survive towards a lifelong commitment to serve, your existence cannot help but explode into success. I still can’t believe that I had to wait until the “half-time” of my life to figure out that true fulfillment as a human being comes not from achieving those grand gestures that put us on the front pages of the newspapers and business magazines, but instead from those basic and incremental acts of decency that each one of us has the privilege to practice each and every day if we simply make the choice to do so.

 

Mother Teresa, a great leader of human hearts if ever there was one, said it best: “There are no great acts, only small acts done with great love.” I learned this the hard way in my life. Until recently, I had been so busy striving, I had missed out on living. I was so busy chasing life’s big pleasures that I had missed out on the little ones, those micro joys that weave themselves in and out of our lives on a daily basis but often go unnoticed. My days were overscheduled, my mind was overworked and my spirit was underfed.

 

According to the passage, what took Tolstoy forty years to discover?

 

A) Simple point of happiness. B) That we live for ourselves only when we live for others.
C) That his spirit was undeterred. D) That he was a great leader of human hearts.
 
Answer & Explanation Answer: B) That we live for ourselves only when we live for others.

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Filed Under: English
Exam Prep: Bank Exams

0 1951
Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

“I will make for you the best rice you have ever had,” said the chef.

A) The chef told that he will make for him the best rice he has ever had. B) The chef told him that he would make for him the best rice he had ever had.
C) The chef told that he will make for him the best rice he has ever have. D) The chef tells that he would make for him the best rice he has ever had.
 
Answer & Explanation Answer: B) The chef told him that he would make for him the best rice he had ever had.

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Filed Under: English
Exam Prep: Bank Exams , CAT , GRE , TOEFL

0 1951
Q:

Who will be implementing the Varishtha Pension Bima Yojana scheme during financial year 2017-18?

A) National Insurance Company Limited B) New India Assurance Company Limited
C) Life Insurance of Corporation of India D) SBI Life Insurance Company Limited
 
Answer & Explanation Answer: C) Life Insurance of Corporation of India

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 1951
Q:

With which country India celebrated its 25th year of diplomatic ties in 2017?

A) France B) Russia
C) Israel D) China
 
Answer & Explanation Answer: C) Israel

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1951
Q:

NaHCO3 is chemical formula for ___________.

A) Borax B) Vinegar
C) Lime D) Baking soda
 
Answer & Explanation Answer: D) Baking soda

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Filed Under: Chemistry
Exam Prep: Bank Exams

0 1951