Mesopause

The Mesopause: A Frontier of Atmospheric Mysteries The Earth’s atmosphere, a protective blanket enveloping our planet, is a complex and dynamic system. It is divided into distinct layers, each with its own unique characteristics and roles in shaping our climate and environment. While the troposphere, stratosphere, and thermosphere are relatively well-understood, the mesopause, a thin … Read more

Base Rate

Understanding the Base Rate: A Foundation for Informed Decision-Making The base rate, a seemingly simple concept in statistics, plays a crucial role in various fields, from medical diagnosis to financial forecasting. It represents the prior probability of an event occurring, independent of any other information. This fundamental understanding forms the basis for informed decision-making, helping … Read more

International And Regional

 International and Regional Organisations   International Organizations   An international organization is an organization with an international membership, scope, or presence. There are two main types: International nongovernmental organizations (INGOs): non-governmental organizations (NGOs) that operate internationally. These include international non-profit organizations and worldwide companies such as the World Organization of the Scout Movement, International Committee of the Red Cross. Intergovernmental organizations, also known as international governmental … Read more

FRACTIONS

Fractions Any unit can be divided into any numbers of equal parts, one or more of this parts is called fraction of that unit. e.g. one-forth (1/4), one-third (1/3), three-seventh (3/7) etc. The lower part indicates the number of equal parts into which the unit is divided, is called denominator. The upper part, which indicates the number of … Read more

Reverse Repo Rate

The Reverse Repo Rate: A Tool for Managing Liquidity and Interest Rates The financial world is a complex ecosystem, constantly in flux, with various mechanisms working in tandem to maintain stability and facilitate economic growth. One such mechanism, often overlooked by the general public, is the reverse repo rate. This seemingly technical term plays a … Read more

Calculation of interest on/in savings account, fixed deposit account and recurring deposit account

Calculation Of Interest On/in Savings account, fixed deposit account and recurring deposit account Saving account Interest rate calculation Formula  Daily interest = Amount (Daily balance) * Interest (3.5/100) / days in the year. Earlier method of interest rate calculation  Earlier, banks would pay interest at the rate of 3.5% p.a. on the lowest available balance … Read more