Questions

Japan's - Japan Aerospace Exploration Agency (JAXA) has successfully launched the world's smallest rocket with the ability to put a tiny satellite into orbit. Rocket -  SS-520 which was pnce failed in 2017 lifted off from the Space Center carrying a microsatellite TRICOM-1R, a three-unit CubeSat weighing about 3 kilograms. The CubeSat will now be used to collect images of the Earth's surface via multiple cameras.

The geosphere is the earth's solid rock or rigid outer layer known as the crust. Without the geosphere it would not be possible for humans to live on the planet. The function of the geosphere serving as the interface between the other spheres.

Absence of cell division is the process that never comes in interphase.

Acute diabetes results in the formation of acetone in the body. Hence such patients smell of acetone.

Hedging is a tool to minimize the risks. It is thus like an 'insurance' where one pays a premium but gets an assured amount in case of some uncertain event to the extent of the loss actually suffered on an equally opposite position for which the hedge was done. Thus, hedger is different from arbitrageur and speculators, as the intention here is not to maximize the profit but to minimize the loss.

E.g. In Capital Markets, suppose an investor has an equity portfolio of Rs. 2 lacs and the portfolio consists of all the major stocks of NIFTY. He thinks the market will improve in the long run but might go on a downside in the shortrun. NIFTY today stands at 4300. To minimize the risk of downfall, he enters into an option contract by buying NIFTY-PUT of strike 4300 at a premium of, say, Rs. 100. Thus, the actual amount paid is Rs. 5,000(lot size of NIFTY is 50). Also, the number of NIFTY-PUTs to be bought will vary on the beta of the portfolio so as to completely hedge the positon. 

The Institute of Chartered Accountants of India (ICAI) elected Nilesh Shivji Vikamsey as president and Naveen N D Gupta as vice-president. They have been elected for the year 2017-18. Vikamsey, who served as vice-president, has been a member of the ICAI since 1985. Gupta has been a chartered accountant for more than 20 years.