Questions

Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company. IOC, which has for decades been India’s biggest company by turnover, posted a 70 per cent jump in net profit to Rs 19,106.40 crore in the financial year ended March 31, 2017.

An electrically charged atom or group of atoms formed by the loss or gain of one or more electrons is called an Ion.

Cation:

An ion is a cation (positive ion) if it is created by electron loss and is attracted to the cathode in electrolysis.

Anion:

An ion is an anion (negative ion) if it is created by an electron gain and is attracted to the anode.

The valence of an ion is equal to the number of electrons lost or gained and is indicated by a plus sign for cations and a minus sign for anions.

Ex: Na +, Cl−, Ca ++,...

When a work process is out-sourced to a different country which is not nearby – it is called off-shore outsourcing. For e.g. If USA outsources a work process to India- it is off-shore outsourcing. 

SDR means Special Drawing Rights.

SDRs are a measure of a country's reserve assets with IMF and, whereas not 'money' in the strict sense, have several characteristics of money as interest-bearing assets, store of value, and means of settling indebtedness.

International financing instrument created in 1970 by the International Monetary Fund (IMF) to coincide with the disfavor of the US dollar as the principal currency of the world trade. Also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal and is used only among governments and IMF for balance Of payments settlements.

A compass, which is used to assist in navigation, is an instrument that shows magnetic north. You must apply a correction to determine the direction of true north. The ability to steer a boat by a compass is useful if land is out of sight, visibility is reduced, or the boat operator is disoriented.

Mount a boat compass away from iron, magnets, and electrical wiring and equipment.