What are Black Boxes?

 IN News- Recently, Investigators found the “black boxes” of the ill-fated Boeing 737-800 aircraft.  These boxes would help investigators in ascertaining the reasons behind the Air India Express crash at Kozhikode. History of Black Box: In the year 1953-54, in view of the increasing incidences of […]

What is Balance of Payments?

In News- Recently the Commerce and Industry said that India’s balance of payments this year is going to be “very very strong” on the back of significant improvement in exports and a fall in imports.  What is Balance of Payment Account? It is a systematic record of […]