Article: Bernanke explained that between 1996 and 2004, the U.S. current account deficit increased by $650 billion, from 1.5% to 5.8% of GDP. Financing these deficits required the country to borrow large sums from abroad, much of it from countries running trade surpluses. These were mainly the emerging economies in Asia and oil-exporting nations. The balance of payments identity requires that a country (such as the U.S.) running a current account deficit also have a capital account (investment) surplus of the same amount. Hence large and growing amounts of foreign funds (capital) flowed into the U.S. to finance its imports.

Question: What type account is needed by the U.S. to balance an account deficit?
Ans: capital account


Article: The Space Age is a period encompassing the activities related to the Space Race, space exploration, space technology, and the cultural developments influenced by these events. The Space Age began with the development of several technologies that culminated with the launch of Sputnik 1 by the Soviet Union. This was the world's first artificial satellite, orbiting the Earth in 98.1 minutes and weighing in at 83 kg. The launch of Sputnik 1 ushered a new era of political, scientific and technological achievements that became known as the Space Age. The Space Age was characterized by rapid development of new technology in a close race mostly between the United States and the Soviet Union. The Space Age brought the first human spaceflight during the Vostok programme and reached its peak with the Apollo program which captured the imagination of much of the world's population. The landing of Apollo 11 was an event watched by over 500 million people around the world and is widely recognized as one of the defining moments of the 20th century. Since then and with the end of the space race due to the dissolution of the Soviet Union, public attention has largely moved to other areas.

Question: How long does did it take for the Sputnik 1 to orbit the earth?
Ans: 98.1 minutes


Article: Grove Street Cemetery, a National Historic Landmark which lies adjacent to Yale's campus, contains the graves of Roger Sherman, Eli Whitney, Noah Webster, Josiah Willard Gibbs, Charles Goodyear and Walter Camp, among other notable burials. The cemetery is known for its grand Egyptian Revival gateway. The Union League Club of New Haven building, located on Chapel Street, is notable for not only being a historic Beaux-Arts building, but also is built on the site where Roger Sherman's home once stood; George Washington is known to have stayed at the Sherman residence while President in 1789 (one of three times Washington visited New Haven throughout his lifetime).

Question: What is the name of the historical site that site next to Yale's campus?
Ans: Grove Street Cemetery


Article: In 1758, the general of the Hindu Maratha Empire, Raghunath Rao conquered Lahore and Attock. Timur Shah Durrani, the son and viceroy of Ahmad Shah Abdali, was driven out of Punjab. Lahore, Multan, Dera Ghazi Khan, Kashmir and other subahs on the south and eastern side of Peshawar were under the Maratha rule for the most part. In Punjab and Kashmir, the Marathas were now major players. The Third Battle of Panipat took place on 1761, Ahmad Shah Abdali invaded the Maratha territory of Punjab and captured remnants of the Maratha Empire in Punjab and Kashmir regions and re-consolidated control over them.

Question: Who captured part of the Maratha Empire in 1761?
Ans:
Ahmad Shah Abdali