Good2Know @Knowledge_g2k

Mumbai, India’s financial capital, is the country's largest city with a population of over 20 million. Known for Bollywood, it houses the iconic Gateway of India and is home to one of the world's largest slums, Dharavi. #Mumbai #India

The FED influences interest rates through open market operations, setting the federal funds rate, and adjusting reserve requirements. By raising or lowering the federal funds rate, it affects borrowing costs and liquidity, impacting overall economic activity #Fed #InterestRates

The Federal Open Market Committee (FOMC) sets U.S. monetary policy, focusing on interest rates and money supply. It oversees open market operations, aiming to control inflation, promote employment, and maintain economic stability through key financial decisions. #FOMC #Knowledge

The Federal Reserve is the central bank of the United States. It manages the nation’s monetary policy, regulates banks, maintains financial stability, and provides financial services. Key responsibilities are controlling inflation and setting interest rates. #Fed #History

Binance: Binance, founded in 2017 quickly became the world's largest cryptocurrency exchange. Initially based in China, it moved operations overseas due to regulatory pressures. Binance expanded its offerings globally, despite challenges like a 2019 hack #BinanceUS #Krypto

Daily power consumption USA: The daily electricity consumption in the U.S. averages around 11.9 terawatt-hours (TWh). This can fluctuate based on the time of year, economic activity, and weather conditions. #EnergyTransition #Power

The first version of iOS, originally known as iPhone OS, was released on June 29, 2007. This operating system was designed to power Apple's revolutionary iPhone and marked the beginning of the smartphone era. With the release of iOS 4 it became known as iOS. #iOS18 #History

A monsoon develops when land heats up, creating a low-pressure zone that draws moist air from the cooler ocean. As this air rises, it cools and condenses, producing heavy rainfall. The process reverses in winter,leading to drier conditions as winds shift direction #Monsoon #India

What is IPO? Initial Public Offering is the process by which a company offers its shares to the public. This allows the company to raise capital from public investors by selling ownership stakes (stocks). After IPO, the company’s shares are traded on a stock exchange #Swiggy #IPO

Why water appears blue? Water appears blue because it absorbs longer wavelengths of light, such as red, more effectively than shorter blue wavelengths. The blue light is scattered and reflected. This effect becomes more pronounced in larger bodies of water #Watercolour #Knowledge

Who knows that? General knowledge to share daily #HelloWorld