Fiscal System and Fiscal Policy

Fiscal System : It refers to the management of revenue and capital expenditure finances by the state. Hence, fiscal system includes budgetary activities of the government that is revenue raising, borrowing and spending activities.

Fiscal System and Fiscal Policy
Fiscal System and Fiscal Policy

Fiscal Policy : Fiscal Policy refers to the use of taxation, public expenditure and the management of public debt in order to achieve certain specified objectives.

Superlatives : World

Biggest Bell : Great Bell at Moscow

Smallest Bird : Humming Bird

Biggest Cinema House : Roxy (New York)

Largest Country (in area) : Russia

Largest Diamond : The Cullinan (over 1.5 lb)

Largest Lake (Fresh Water) : Lake Superior, U.S.A.





Abbreviations associated with Computer

  • CDAC : Centre for Development of Advanced Parallel Computing
  • HTTP : Hyper Text Transfer Protocol
  • CAD : Computer Aided Design
  • LDU : Liquid Display Unit
  • COBOL : Common Business Oriented Language
  • VLSI : Very Large Scale Integrated
  • PROM : Programmable Read Only Memory

Hyper Text Transfer Protocol - HTTP
Hyper Text Transfer Protocol

What is Cell?

Cell is the basic structural and functional unit of life. The word 'cell' was first coined by British scientist Robert Hook in the year 1665. The smallest cell is Mycoplasma gallisepticum. The longest cell is Neuron. The biggest cell is egg of Ostrich.

Schilden and Schwan established cell theory in the year 1838-39. Features of the cell theory :
(i) All organism are composed of cell
(ii) Body of every organism is made of cell
(iii) Each cell arises from pre-existing cell
(iv) Every organism starts its life from single cell

Cell
Cell

Evaporation

Evaporation : The process of conversion of a liquid into its vapours at room temperature is called evaporation. Evaporation causes cooling.

Actually, during evaporation, the molecules having higher kinetic energy escape from the surface of the liquid. Therefore cooling takes place during evaporation because of temperature of liquid is directly proportional to average kinetic energy.

Evaporation
Evaporation

Evaporation is affected by following factors :

(i)   Nature of liquid

(ii)  Temperature

(iii) Surface area