arihant current affairs magazine monthly
arihant current affairs magazine monthly Published this article page no 09 Environment o Experts warn that these fires will release another 350 million tones of CO2 into atmosphere. The emitted CO2 will stay in the atmosphere for almost a century. o The rising heat from the intense bushfires creates massive powerful clouds called pyrocumulonimbus or pyroCb. These fire clouds are created when fires loft enough heat and moisture into the atmosphere to produce smokeinfused thunderstorms Wildlife and Biodiversity More than one billion mammals birds and reptiles across eastern Australia are estimated to have been affected by the current fire catastrophe. Many animals and plants have been incinerated or suffocated by smoke and ash. 63 Difference between income and wealth Income Income is all the money received from employment (wages salaries bonuses etc.) investments such as interest on savings accounts etc. Wealth It refers to the total amount of assets of an individual or household. This may include financial assets such as bonds and stocks property and private pension rights. INCOME INEQUALITY Why in news? A new study published by Oxfam recently declared that Indias richest 1 % hold more than fourtimes wealth held by 953 million people that is the bottom 70% of the countrys population. Key highlights of the report Report underlined that economic inequality is out of control with extremes of wealth existing alongside great poverty arihant current affairs magazine monthly buy.
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