Steem is creating euphoria among Indian bloggers

Hello from India. I am an adsense publisher as well a bitcoiner. I am regular at various Startup, Entrepreneurship and Blogging related meetups in India. Most of the people I meet are well versed with ad earning through web publishing, but not so much into cryptocurrency. I tried to discuss bitcoin with them before, but somehow it did not ignite them much. Recently, in a few meetup, I casually mentioned Steem to them and explained how people are earning Steem dollar just by blogging. Something sparked! To my surprise, I found more & more people are coming to me and enquiring about Steem. It appeared, that after learning about Steem from me, they opened an account at steemit.com within a few minute and little confused about few terminologies. The main questions are...

i. What are the three balances in wallet, i.e. Steem, Steem Power and Steem Dollars ?

ii. How to convert blog earning to INR ?

I am also learning about this platform and tried to explain them at my best. Hopefully, people here will also help me to explain things better...