Bank PO Questions

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.

Himachal Pradesh state became 1st to launch a pan-India single emergency no. 112 where all kinds of immediate help can be sought in urgent matters.

Under this project, an Emergency Response Centre (ERC) has been established in Shimla along with 12 district command centres (DCCs), covering the entire state. The ERC has been integrated with police (100), fire (101), health (108) and women (1090) helpline numbers to provide emergency services through the emergency number '112'.

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.

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

The distance around a figure is called as Perimeter of that figure. For example, rectangle perimeter is 2(L+B) and where as perimeter of square is '4S'.