Questions

RAROC is a risk-adjusted framework for profitability measurement and profitability management. It is a tool for measuring risk-adjusted financial performance. And it provides a uniform view of profitability across businesses (Strategic Business Units / divisions). RAROC and related concepts such as RORAC and RARORAC are mainly used within (business lines of) banks and insurance companies. RAROC is defined as the ratio of risk-adjusted return to economic capital.

The GVK group-run Mumbai airport has become the world’s busiest amongst the single-runway facilities by handling 837 flights a day or one in 65 seconds on an average in fiscal 2017.

Donna Tratt

The carbon arc lamp was the first widely-used type of electric light and the first commercially successful form of electric lamp.

Here are the Carbon Arc Lamp Uses :

-Super bright light, capable of lighting a large length of street or a large factory interior.

-Was the ONLY electric light available to light large areas from 1800 - 1901.

-Was cheaper to light streets with the arc lamp than gas or oil lamps.

Michael Faraday invented Electric Generator in 1831.

• The operating principle of electromagnetic generators was discovered in the years of 1831–1832 by Michael Faraday.

• The principle later called Faraday's law, is that an electromotive force is generated in an electrical conductor which encircles a varying magnetic flux.

LDI is the capacity to change the conceptual schema without having to change external schemas or application programs.