330. Fact

Light year
The distance traveled by light in one year. It is equal to 9.4*10612 km.

331. Fact

Local time
Time calculated from the sun at noon at any place of earth.

332. Fact

Meridian
Imaginary line joining north and south poles and cutting the equator at right angles.

333. Fact

Mist
It is just like fog but contain more moisture.

334. Fact

Oasis
A part of the desert where water and vegetation are found.

335. Fact

Orbit
The path of the heavenly bodies.

336. Fact

Pygmallion point
The southernmost point of india, 700 km away from mainland india.

337. Fact

Prairies
Smooth, treeless, green plain of central and north america.

338. Fact

Reef
Jutting of rock or shingle or sand at just above or below sea level.

339. Fact

Savanna
Land covered with natural grass.

340. Fact

Sidereal day
Time taken by the earth to rotate once round its axis.

341. Fact

Snow line
Altitudinal line along which the area remains snow clad.

342. Fact

Spring tides
Higher tides in the ocean caused by the sun and the moon together. When the sun, the earth and the moon are positioned in a straight line.

343. Fact

Neap tides
Tides caused by the differences of the forces exerted by the moon and the sun when both are at right angles to each other.

344. Fact

Tornado
A brisk and violent storm generally having rotator motion.

345. Fact

Tundras
Peripheral area of arctic ocean.

346. Fact

Tycoon
Violent hurricane in china sea.

347. Fact

Weather satellite
Artificial satellite designed to forecast weather.

348. Fact

Westerlies
Constant winds blowing from south-west in the northern hemisphere and north-west in south hemisphere.

349. Fact

Arbitration
Referring dispute to disinterested party called arbitrator for decision, which will be binding.

350. Fact

Annuity
Payment of a fixed amount periodically for a limited time. It is an investment on which the owner receives not only interest on his money but also return of his capital.

351. Fact

Balance of trade
The difference between the value of imports and exports. It is favourable when the value of exported goods exceeds the value of imported goods. If it is reverse balance is unfavourable.

352. Fact

Balance sheet
Statements of accounts, generally os a business house prepared at the end of a year, showing debits and credits under broad heads, in order to find out the profit and loss positions in the outgoing year.

353. Fact

Barter
Exchange of commodity with other commodities without the interface of any form of currency.

354. Fact

Bond
Document by which a government, a company or a person agrees to pay a sum of money in a certain time.

355. Fact

Budget
Annual estimate of expenditure and revenue of a country or a subordinate authority like a corporation.

356. Fact

Bill of exchange
Written order by a drawer to pay sum on given date ot named payee.

357. Fact

Buyer's market
An economic phenomenon where there are more goods in market than demanded and so the buyers can dictate the prices of goods.

358. Fact

Clearing house
Place where officials of the banks meet daily to exchange cheques drawn on the respective banks and settle the account by the payment of balances only.

359. Fact

Cooperative farming
Joint farming wherein farmers pool their land, capital and resources and divide the produce at the end of the harvest in proportion to their land put in the pool. The farmers retain their proprietary rights.

360. Fact

Ceiling on land and holding
Imposition of a maximum limit of the land which an individual should have. Its purpose is rational distribution of land.

361. Fact

Death duty (estate duty)
A sort of tax imposed on the property inherited at death of its previous owner.

362. Fact

Devaluation
Government's step to reduce the value of its own currency relatively to a foreign currency. It aims to increase exports and reduce imports.

363. Fact

Deflation
A monetary state characterised by decrease in the supply of money and bank deposits and falling profits, wages, incomes and employment accompanied by unemployment and falling prices.

364. Fact

Demonetisation
The governmental measure of depriving metallic coins or paper currency od specified denominations of its status money. It is meant to unearth the hidden money which is unaccounted for purpose of income tax assessment.

365. Fact

Excise duty
Duty levied on goods manufactured within the country.

366. Fact

Foreign exchange
Transfer of money of one country to another.

367. Fact

Inflation
Increase in the quality of money in circulation without any corresponding increase in goods; so, it leads to rising prices spiral.

368. Fact

Laissez faire
An individualistic theory advocating private initiative in trade and non-interference by state in commercial or business ventures.

369. Fact

Lockout
Closure of a factory by owners to force the workers to accept the imposed terms.

370. Fact

Malthusian theory of population
It states that the food supply increase in arithmetical progression while population increase by geometrical progression resulting in over-population.

371. Fact

Octroi
Tax imposed on articles coming inside a city.

372. Fact

Public sector
Applies to state enterprises or undertaking.

373. Fact

Recession
An economic phenomenon characterised by excessive production, less demand, tight money market.

374. Fact

Soft currency
Currency of a country with which we have favourable balance of trade.

375. Fact

Sterling area
Group of countries of commonwealth (except canada) keeping their reserves in sterling and not gold or dollars.

376. Fact

Tariffs
Measures undertaking by one country to protect industry against trade competition from outside.

377. Fact

Apartheid
Policy of racial segregation practiced by the south african government.

378. Fact

Adjournment
A motion moved by a member of a legislature to adjourn consideration of the issues in hand for discussing a matter of urgent public importance.

379. Fact

Amnesty
Grant of pardon or exemption from prosecution to political importance.

Invention
Invention : scotch tape
Year : 1930
Inventor : richard drew (3m)
Country : us.      .. More >>