CAT Questions

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The grace period is in which time period students are not to be worried to repay the loans in that period.

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.

Purple Heart is a military award in US given to wounded or killed while serving in the profession.

Chloroplasts are organelles found in plant cells and eukaryotic algae that conduct photosynthesis. Chloroplasts absorb sunlight and use it in conjunction with water and carbon dioxide gas to produce food for the plant.

Tashkent Agreement was signed by India’s Prime Minister Lal Bahadur Shastri & Pakistan’s President Ayub Khan on 10 January in 1966 that resolved the Indo-Pak War of 1965. Shastri died in Tashkent, the day after signing the Tashkent Declaration.

Ans. E.
i- ‘that things’ is incorrect.
ii- This is wrong because it is not unprofitable for the professionals but the political masters of health care.
iii-It is structurally incorrect. It should be has not been.