Active Pharmaceutical Ingredients: are the active ingredients contained in a medicine. It is that part of the medicine that produces the intended therapeutic effects. For example, in a painkiller, the active ingredient relieves pain. In the OTC drug Crocin, the API is paracetamol.
Moratorium: The RBI, has the power to ask the government to have a moratorium placed on a bank’s operations for a specified period of time. Under such a moratorium, depositors will not be able to withdraw funds at will. primarily helps prevent what is known as a ‘run’ on a bank, by clamping down on rapid outflow of funds by wary depositors, who seek to take their money out in fear of the bank’s imminent collapse. Temporarily, it does affect depositors who may have placed, for example, their retirement with the bank, or creditors who are owed funds by the bank but are struggling with the collection.
Crowding out of Funds: As the government adopts an expansionary fiscal policy stance and increases its spending to boost economic activity. This leads to an increase in interest rates. Increased interest rates affect private investment decisions. A high magnitude of the crowding-out effect may even lead to lesser income in the economy.
Beti Bachao Beti Padhao: It was launched in January 2015 with the aim to address sex selective abortion and the declining child sex ratio which was at 918 girls for every 1,000 boys in 2011. This is a joint initiative of the Ministry of Women and Child Development, Ministry of Health and Family Welfare and Ministry of Human Resource Development. The programme is being implemented across 405 districts in the country. Main Objectives: Prevention of gender-biased sex-selective elimination, Ensuring survival & protection of the girl child, Ensuring education and participation of the girl child, Protecting rights of Girl children.
Economic Slowdown: An economic recession signifies a drop in the gross domestic product (GDP), while a slowdown is merely a decline in the growth rate of the GDP. It’s the difference between a salary cut and a smaller increment. While one reduces an individual’s actual income, the other is merely a drop in the growth of that income. A slowdown usually precedes recession, but does not necessarily lead to one.
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