30th March 2024 (11 Topics)
TERMS OF THE DAY
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S.No. |
Term |
About |
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1. |
Digital divide |
Digital divide can be explained as the inequalities between the digital haves and the have-nots in terms of their access to the internet and the ICTs.
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2. |
Economic inequality |
Economic inequality is the unequal distribution of income and opportunity between different groups in society. |
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3. |
Global South |
o The Global South is a geographical, geopolitical, historical and developmental concept, all at the same time - with exceptions" o Geographically, the term refers to the 32 countries below the equator (in the southern hemisphere), in contrast to the 54 countries that lie entirely north of it. |
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4. |
Gross fiscal deficit (GFD) |
o The gross fiscal deficit (GFD) is the excess of total expenditure including loans net of recovery over revenue receipts (including external grants) and non-debt capital receipts. The net fiscal deficit is the gross fiscal deficit less net lending of the Central government. |
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