Question
Why is the National Crisis Management Committee (NCMC)
meeting, and what is the current status of the impending cyclonic storm 'Michaung'?Solution
The National Crisis Management Committee (NCMC) is meeting to review the preparedness of State governments and Central Ministries/Departments for the impending cyclonic storm 'Michaung' in the Bay of Bengal. The current status of the cyclonic storm is that it is over the southwest Bay of Bengal and is expected to move northwestwards, intensify further, and reach the westcentral Bay of Bengal off south Andhra Pradesh and adjoining north Tamil Nadu coasts by December 4 forenoon. The meeting is crucial for coordinating and ensuring effective disaster response measures.
Securities with the combination of characteristics of debt and equity securities are known as
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