CAT Questions

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The balance of an account is determined by the difference of credits amount and debits amount in the sheet.

The expansion of the rail networks led to better transport system for trading between many parts of the nation and the steel is the main component in making the rails and the locomotive itself resulting in the growth of the steel industry.

Cricket is the national game of Australia.

The substances in which two or more atoms are attached together are called as molecular substances. 

Properties of molecular substances ::

1. Molecular substances are bonded with covalent bonds

2. Bad heat conductivity

3. Bad electrical conductivity

4. Have low melting points.

Anemometer is the instrument that is used for measuring the speed of wind or any gas currents.

Collisions occur at curves because speed on the approach is too great.

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 law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.