What is a slumpometer?

What is a slumpometer?
The global slumpometer is a yardstick economists use to measure the severity of the recession in various economies across the world. It takes into account unemployment, Gross Domestic Product (GDP) and Gross Domestic Income (GDI). To the average person, rising unemployment and pink slips mean a recession. While for many economists, a recession has arrived when there’s a dip in GDP for two successive quarters. For others, a recession is when the GDI begins to dip, and is a more reliable factor than GDP.

What is a surgical strike?
A surgical strike is an attack using missiles, bombers or on the ground against certain specific targets. The strike is planned with surgical precision so that they cause damage only to the planned targets and cause minimum damage to their surroundings. These attacks are usually carried out against terrorist camps or facilities such as power stations, armouries, etc.

How did the term ‘window dressing’ originate?
Textile and readymade shops dress mannequins (models of human bodies) with attractive clothing they sell and place them in display windows. Likewise, mutual funds and banks add more temporary assets and liabilities on year ends to ensure their balance sheets remain attractive to the public, especially to investors. As their intention is to dress up their balance sheets to make them attractive like a shopper does to the mannequins, the term ‘window dressing’ is used to mean artificial inflation of assets which will wear off after the year-end.

What are ‘first serve’ and ‘second serve’ in tennis?
In tennis, there is a specified boundary marked on the court behind which the ball should fall as a player serves. So, if the ball hits the net and falls back to the server’s court or goes beyond the marked boundary on the opponent’s court, it is a wrong serve. As a rule, a player is allowed to serve again if the ‘first serve’ is wrong; this serve is called ‘second serve’.

At what speed does electricity travel compared to light?
Electrical fields in theory do transmit at the speed of light. In real systems, wires have capacitance and other effects that slow the propagation. Typical propagation speeds are 0.3 to 0.7 times the speed of light.

What is a stalemate in chess?
When a player has no legal moves, it is not possible to proceed further in the game. This results in a stalemate, provided his king is not in check. The game is declared a draw when such a situation arises, no matter what advantage one side has over the other.

How do clouds move?
Clouds are formed when water evaporates from rivers, ponds, oceans, and lakes. High cirrus clouds are moved by a jet stream and sometimes travel at 100 kmph. When clouds are a part of a thunderstorm, they usually travel at 30-40 kmph.

What is the Jagd and Hund fair?
It is the ‘Hunting and Hounds’ fair where exhibitors present the latest trends in fishing
and hunting.

ANY ANSWERS?

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