[Economy WMD] Black Swan Event, NCAP Car Safety, NITI CEO, Consumer Expenditure Survey- Weekly Mrunal Digest from Jun week2-2022
a black swan event means an unprecedented unexpected extreme risk event e.g. 2007’s USA sub-prime crisis, 2020’s Corona. RBI report says that in the next black swan event, possibility of capital outflows to the tune of $100 billion -around Rs 7,80,000 crore from India by FPIs.
