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      Question

      What is ‘El

      Nino’?
      A A phenomena in which equity market crashes due to sudden liquidity crunch Correct Answer Incorrect Answer
      B A fungal outbreak that damaged huge paddy crop in South East Asia in 2016 Correct Answer Incorrect Answer
      C A regulatory instrument that is in place to prevent stock market crashes from occurring Correct Answer Incorrect Answer
      D A climatic phenomenon which is the warm phase of the cycle of warm and cold temperatures in the Pacific Ocean Correct Answer Incorrect Answer
      E A fraudulent email purporting to be from reputable companies in order to induce individuals to reveal personal information, such as passwords and credit card numbers Correct Answer Incorrect Answer

      Solution

      El Nino is the warm phase of the Southern Oscillation (commonly called ENSO) and is associated with a band of warm ocean water that develops in the central and east-central equatorial Pacific including off the Pacific coast of South America. It impacts the monsoon in India. A high El Nino has a negative effect in terms of the weather, agriculture and economics.

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