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Economics & Finance
Articles by Praveen Varghese Thomas
Page 29 of 75
What is the full form of GDI?
Introduction Gasoline Direct Injection (GDI) is employed by modern combustion engines as a fuel delivery system to increase engine performance and economy. GDI distributes gasoline directly into the combustion chamber as opposed to the intake manifold, unlike conventional fuel injection systems. As a result, the air/fuel combination can be controlled more precisely, which improves fuel burn efficiency. Due to their increased fuel efficiency and less emissions, GDI engines are becoming more and more widespread in passenger automobiles. GDI engines may produce greater amounts of particle emissions, which must be carefully regulated to comply with ever-stricter environmental requirements. This presents ...
Read MoreWhat is the full form of GDR?
Introduction Global Depository Receipt (GDR) is typically issued by a bank or financial institution in the country. GDR is a financial instrument that represents a company's shares, mainly traded on a stock exchange outside of its home country. It allows investors to have exposure to international markets. GDR provides the convenience of a single investment vehicle. The GDR helps to raise capital in foreign markets. Firstly, the shares are bought in local markets and then GDRs are issued representing those shares. The trading of GDRs can be done in foreign stock exchanges, in U.S. dollars or in another major ...
Read MoreWhat is the full form of GEF?
Introduction Global Environment Facility (GEF) is a financial mechanism that provides grants and funding to support global environmental projects. The projects are aimed at addressing important environmental challenges such as biodiversity loss, land degradation, and sustainable forest management. GEF is a partnership of 183 countries, international institutions, and the private sector. GEF is guided by an advisory panel. The fund aims to tackle environmental problems and promote sustainable development at a global level. The GEF ensures that the projects benefit local communities and promote social equity, and gender equality. History of GEF The Global Environment Fund (GEF) is a ...
Read MoreWhat is the full form of GMT?
Introduction Greenwich Mean Time (GMT) is used as an indication for time zones across the globe. It is the Prime Meridian (0° longitude) mean solar time at the Royal Observatory in Greenwich, London. In industries that demand precise timekeeping, such as aviation, navigation, meteorology, and others, GMT is frequently utilized. It is also sometimes referred to as Coordinated Universal Time (UTC), even though UTC is a more accurate name for GMT. History of GMT The development of the railway and telegraph networks in the late 19th century led to an increased demand for a standard time system, which ...
Read MoreWhat is the full form of GIC?
Introduction General Insurance Corporation of India (GIC) is a state-owned reinsurance provider based in Mumbai, India. As a part of the nationalization of the general insurance sector, the Indian government established it in 1972. GIC is the as it were reinsurer in the Indian market and offers reinsurance to both residential and foreign protections companies. The company gives an assortment of products in businesses such liability insurance, engineering, rural, and the aviation and marine businesses. GIC has subsidiaries in numerous countries and has made a critical impact on the universal economy. Additionally, it is listed on the ...
Read MoreWhat is the full form of GCET?
Introduction Goa Common Entrance Test (GCET) is typically held in the month of May every year. There are four papers in the test, and each one lasts for two hours. The papers include biology, mathematics, chemistry, and physics. Candidates must take the Physics, Chemistry, and Mathematics exams if they want to pursue a degree in engineering or architecture, while those who want to pursue a degree in pharmacy must take the Physics, Chemistry, and Biology exams. Depending on the course, different qualifications must be met in order to participate in the GCET. Candidates typically need to have ...
Read MoreWhat is the full form of GBP?
Introduction Great Britain Pound (GBP) is the British official currency; it stands for “Great Britain Pound”. It is a code name for “British Pound Sterling”. The smallest unit of GBP is the “Penny”. The “British Pound” is the “fourth most traded currency in World”. Apart from the British, it is the official currency of “some territories like the Isle of Man, British Antarctic Territory, Saint Helena, South Georgia etc”. It is propagated by the “Bank of England”. Historical background of GBP The origin of Pound is in Europe in Roman Era. The word ‘Pound’ comes from the ...
Read MoreWhat is the full form of GB?
Introduction Giga Bytes (GB) is the storage capacity of any hard drive. One gigabyte is equal to ‘1 billion bytes’ or ‘230 bytes’. The word “Giga” comes from the Greek word, “Ghigas” which means ‘giant’. Gigabytes came into existence for measuring capacity in the 1980s. It determines the storage size of hard drives like HDD, SDD, pen drives, etc. Definition of GB “Giga Byte” is defined as several units of bytes. In the international system Unit (SI unit), its value is 109. It is denoted by the symbol ‘GB’. It is a measuring unit of data in ...
Read MoreWhat is the full form of FTA?
Introduction Free Trade Area (FTA) is a particular geographical region where a number of countries agree in order to get away or significantly decrease taxes, quotas, and other trade constraints on goods and services that are transferred between countries. An FTA's primary objectives are to increase financial integration among the countries that are involved and improve trade between countries. Characteristics of FTA A Free Trade Area (FTA) should include the following important Characteristics − Elimination or decrease of tariffs − Members of an FTA agree to do away with or reduce responsibilities on items sold between themselves, ...
Read MoreWhat is the full form of FSS?
Introduction Fixed Satellite Service (FSS) is a radio communication service between earth stations when one or more satellites are used. FSS is a type of satellite communication service which provides stable communication links between fixed ground-based or sea-based stations. These services are used for a variety of applications such as radio broadcasting, internet connectivity, and data communications. C, Ku, and Ka frequency bands are reserved for satellite communication services and FSS operates in them. Commercial satellites provide services by leasing transponder capacities to the service provider. Application of FSS It is used for DTH services, ...
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