1st May 2024 (14 Topics)
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TERMS OF THE DAY
|
S.No. |
Term |
About |
|
1. |
Air Independent Propulsion (AIP) System
|
The AIP has a force multiplier effect on lethality of a diesel electric submarine as it enhances the submerged endurance by several folds. |
|
2. |
Consumer Price Index |
This price index calculates price changes of goods and services that a consumer has to pay for consuming a basket of goods. |
|
3. |
Foreign portfolio investment (FPI) |
Foreign portfolio investment (FPI) is securities and other assets passively held by foreign investors, allowing individuals to invest overseas. |
|
4. |
Wholesale Price Index |
It is a measure of the average change in the price of goods at a wholesale level or in the wholesale market. |
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