Question
What is a coverage that guarantees bondholders timely
payment of interest and principal even if the issuer of the bonds defaults?Solution
A municipal bond is a debt security issued by a state, municipality or county to finance its capital expenditures, including the construction of highways, bridges or schools. Municipal bonds are exempt from federal taxes and most state and local taxes, making them especially attractive to people in high income tax brackets.
Recently the Union Home Minister Shri Amit Shah inaugurated the 120 feet tall polo statue in which of the following states of India?
Who has been appointed as the convenor of the GST rate rationalisation panel?
The 21st edition of bilateral naval Exercise Varuna began on 16th January, 2023 it is between India and which other country?
 ________ received the Nobel Prize for mathematics and became the second woman by winning Fields Medal for 2022?
Uttar Pradesh Handicraft Promotion Policy was Implemented in which year?
Under the Pradhan Mantri Suryodaya Yojana, what percentage of the cost of installing solar power systems is now covered by the government?
Consider the following statement/s about a banking institution:
Statement : 1. State Bank of India (SBI) is the largest bank in India by assets.<...
According to a report by the PHD Chamber of Commerce and Industry (PHDCCI) on 'Viksit Bharat @2047', what is the projected size of the Indian economy by...
Which of the following dances of India has been nominated by India to be added in the list of UNESCO’s Intangible Cultural Heritage list?
What is the maximum grant amount capped per project under the scheme for hydropower projects in Northeast states?
