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BENNETT, COLEMAN & CO. LTD. | ESTABLISHED 1838 | TIMESOFINDIA.COM | NEW DELHI STUDENT EDITION ➤ Find out the relation- ➤The benefits of a ➤ Women's world ship between demand and regular yoga routine are number one Ashleigh TUESDAY, AUGUST 24, 2021 TODAY’S supply, and how it plays Barty prevails over Jil Newspaper in wide-ranging. Figure out Education an important role in our how to unwind to win Cincinnati Open EDITION economy PAGE 2 PAGE 3 PAGE 4 NEWS IN CLUESCLUES CLICK HERE: PAGE 1 AND 2 It’s the fourth-largest organisation of its kind in the world WORLD ATHLETICS U-20 CLUE 1: More people use MUSK’S NEW GOAL: its services in a year than SHAILI WINS SILVER the world’s total popula- IN LONG JUMP A HUMANOID tion. CLUES CLUE 2: It has more According to Musk, the robot would stand employees thanE theS com- at around five-foot-eight-inches-tall, and bined populationCLU of ROBOT IN 2022 could handle jobs— from picking up Greenland and Iceland. Tesla has announced that it is likely to launch a humanoid robot next year, groceries to bolting together cars with a wrench CLUE 3: As India’s largest designed to handle dangerous, repetitive, or boring work that people The automation, he added, will address would rather not do. Interestingly, if the creepy, featureless android sets labour shortages and have 'profound impli- land-owner, it owns more off your robophobia, fear not — the 125-lb machine is designed such that cations for the economy.' The Tesla Bot land than Goa’s geograph- humans can overpower it, if need be. “We think we’ll have a prototype will also be equipped with a full self-driving ical area. sometime next year that looks like this,” Tesla CEO Elon Musk said at AI computer and cameras, 30 electromagnetic Day event, after he ceded the stage to a human dressed like a robot... actuators and a display on its face Answer: INDIAN RAILWAYS haili Singh bagged a silver medal with a (IR). According to the superb leap of 6.59 metres, missing the gold minister of state for rail- medal agonisingly by a mere one centimetre Climate change and CinternalLUES heat of Earth ways Raosaheb Danve, the S in the women's long jump, as India ended its IR suffered a loss of campaign in World Athletics U-20 Championships in `36,000 crore due to the Nairobi, Kenya, on Sunday, with two silver and one responsible for melting of Doomsday Glacier ongoing Covid-19 pandem- bronze medal. This is India's best-ever performance in ic. IR, which carries the junior world championships. A new study has revealed that upwards of 8 billion peo- Antarctica's 'Doomsday ple annually, operates the Saili’s silver is the third medal for fourth-largest railway India in the World Athletics U-20 Glacier' is not only losing ice network in the world with Championships 2021, adding to the rapidly from climate change, more than 1.2 million silver won by Amit Khatri in the but it's getting a double employees, and owns whammy from the heat of the close to 5 lakh hectares men’s 10,000 metres race walk and of land — 22% more than the bronze by the 4x400 mixed Earth itself. According to Goa’s geographical area relay team scientists, the Thwaites Glacier, also called the 'Doomsday Glacier' due to its impact on sea level rise, is being hit with Taliban inherit heat from the Earth's crust, as According to the BBC, the Thwaites glacier The Thwaites glacier is it is only 10 to 15 miles deep contributes roughly four per cent to the annual slightly smaller than the total untapped $1 trillion sea-level rise and is now believed to be losing size of the UK, approximately below West Antarctica, 80 billion tons of ice per year the same size as the state of compared to around 25 miles in Since 1980, it has lost at least 600 billion Washington, and is located in trove of minerals the Amundsen Sea The collapse of the Thwaites East Antarctica. This results in tons of ice, according to a 2017 analysis done Glacier would cause an increase by the New York Times, using data from NASA of global sea level of between a 'geothermal heat flow of up JPL Some of the accelerated sea ice loss can It is up to 4,000 metres one and two metres, with the to 150 milliwatts per square be attributed to hidden rivers under the gla- thick and is considered a key potential for more than twice in making projections of glob- metre,' they add... cier, according to Live Science, but most of it that from the entire West Source: Daily Mail is related to climate change and rising al sea level rise Antarctic Ice Sheet temperatures RBI may soon want you to memorise IN OTHER NEWS Covid-19 third wave peak likely in October: NIDM report he Taliban now hold the keys to an your 16-digit card number The National Institute of untouched trillion-dollar trove of miner- Disaster Management T als, including some that could power the Card holders, both debit and credit, making payments online from January 2022 (NIDM) under the ministry world's transition to renewable energies, but of home affairs has warned Afghanistan has long struggled to tap its vast may have to enter their 16-digit card numbers every time they make a payment of a third COVID-19 wave deposits. The Taliban are already in a financial online. This is if the Reserve Bank of India has its way on ensuring data security, peak in October in its recent report to the Prime bind since they returned to power 20 years after according to sources... their ouster, as major aid donors halted their Minister's Office. The support for Afghanistan. NIDM's report quoted the Reuters' opinion survey of The new norms would make it 40 experts that forecasted that the third wave of the Covid- mandatory for the customers to The resources include bauxite, copper, iron 19 pandemic is likely to hit India between July 15 and 1enter all their card details — name, October 13, 2021. Emphasising the effect of the potential ore, lithium and rare earths, according to a 16-digit card number and expiry date, and Covid third wave on children, the report said, the Indian January report by the US Geological Survey CVV - every time they make an online (USGS) Academy of Paediatrics found that there is no biological evi- payment. Right now, you only need to dence that the current and the new Delta Plus variant will Copper, which is needed to make power authenticate transactions through your affect children more than adults. cables, became a hot commodity this year as CVV (card verification value) and OTP prices soared to more than $10,000 per ton (one-time password (OTP) Lithium is a crucial element to make The new Payment UAE will accept Indian passport electric car batteries, solar panels and wind Aggregator/Payment Gateways holders with 14-day rider farms 2(PA/PG) rules, according to reports, World demand for lithium is expected to would mandate every online merchant Officials say the new rules are Indian passport holders, grow by over 40 times by 2040, according to processing transaction to only have framed keeping security of the who have not been to the the International Energy Age access to a ‘tokenised’ key linked with country in the last 14 customers as paramount. The days, can get tourist Afghanistan is also home to rare earths the consumer’s card instead of the entire card file current system, they say, is seam- visas to the UAE, accord- that are used in the clean energy sector: ing to a media report on Neodymium, praseodymium and dysprosium. The RBI is reportedly against acced- less, but is prone to breaches, as Sunday. The facility has The country's untapped mineral riches have ing to a demand by payment gate- customer card details are being been extended to Nepal, been estimated at $1 trillion by the USGS, 3ways for exemptions. The new rules Nigeria, Pakistan, Sri would prohibit the usage of this data even stored in the servers of merchants though Afghan officials have put it three Lanka and Uganda, other by authorised operators for auto check- times as high not directly under the supervisory than India, the Gulf News reported. Presently, only UAE citi- outs purview of RBI zens and transit passengers are allowed to fly to the UAE, due to the coronavirus outbreak. Be yourself on stage. Nobody else can be you and you have the law of supply and demand covered. FOCUS. LEARN. MASTER -Bill Hicks 02 TUESDAY, AUGUST 24, 2021 Understanding The Concept Of DEMANDDEMANDDEMAND SUPPLYSUPPLYSUPPLY umans are the part and parcel of society. && & CLASS: X, CBSE THE CONCEPT OF SUPPLY Economics is a social science concerned with the H production, distribution, and consumption of goods t is the total amount of stock, the willingness, and and services. It is the study of how human beings act on ability of potential sellers to produce and sell it. rational behaviour in seeking utility or maximum benefit. I Quantity supplied is the total amount of a good that Human beings' wants are unlimited. If one's want or sellers would choose to produce and sell under a given desire is satisfied, another want and desire spur. Man's condition. There are various factors that determine supply wants are unlimited. The resources are not enough to like price of the good, meet his desires.