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Do you know about Luge, the Winter Olympics, or Shiva Keshavan – the man who holds the title of being the fastest Asian on Ice?
His journey, both on and off the track is nothing short of extraordinary. At a young age of 16, Shiva participated in his first international race in Austria and has never looked back, despite several hurdles including a lack of awareness, shortage of funds, no coach and not even a proper sled. Still he has managed to climb up, and leave a mark in Five Winter Olympics.
2018 marks his sixth entry at the Winter Olympics in PyeongChang, South Korea. To know more about him, go through the infographic below.
The act of paying out money for any kind of transaction is known as disbursement. From a lending perspective this usual implies the transfer of the loan amount to the borrower. It may cover paying to operate a business, dividend payments, cash outflow etc. So if disbursements are more than revenues, then cash flow of an entity is negative, and may indicate possible insolvency.
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