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Suggested Articles for 16th September 2015

These are Suggested Articles for 16th September 2015 from The Hindu and Indian Express also included in the post are daily current affairs from various sources.

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2 thoughts on “Suggested Articles for 16th September 2015”

  1. DEFINITION of ‘Basis Point (BPS)’
    A basis point, or bp, is a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01% (0.0001), and is used to denote the percentage change in a financial instrument. The relationship between percentage changes and basis points can be summarized as follows: 1% change = 100 basis points, and 0.01% = 1 basis point.

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  2. The Pentagon is the headquarters of the United States Department of Defense, located in Arlington County, Virginia. As a symbol of the U.S. military, “the Pentagon” is often used metonymically to refer to the U.S. Department of Defense.

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