Polity

Mandamus literally means ‘we command’. It is a command issued by the court to a public official asking him to perform the official duties that he has failed or refused to perform. It can also be issued against any public body, a corporation, an inferior court, a tribunal or government for the same purpose. The … Read more

Indian Constitution has made elaborate provisions, relating to the distribution of the taxes as well as non-tax revenues and the power of borrowing, supplemented by provisions for grants-in-aid by the Union to the States.  Article 268 to 293 deals with the provisions of financial relations between Centre and States. The Constitution divides the taxing powers … Read more

Elections have on the evolutionary path of being transparent, more inclusive and efficient. But recently unhealthy practices and patterns have emerged. This patterns are anti to the development of robust democracy. Some of these patterns are as follows: Candidates and winners in assembly are from the affluent section which explicitly shows the nexus between money … Read more

NEET stands for national eligibility cum entrance test to enable students to get admission to MBBS and BDS. The sole entrance examination is a progressive step as it will: Create a uniform examination criteria across nation. There was continuing decline in the creditability of the state competitive examination. Help to prevent the capitation fee system … Read more

Model code of conduct are directives given to political parties to ensure free and fair elections at the same time to maintain  high standards in the elections. The provisions of the conducts are not legally binding.  The MCC comes into force with the declaration of election schedule. Election commission can enforce MCC in following ways: … Read more

Internal democracy in political parties refers to the level and methods of including party members in the decision making and deliberation within the party structure. India shall move toward inter party democracy as it is on the line of values of democracy.   Arguments in favour of  inner party democracy: Hold leaders accountable Dismantling of nepotism … Read more

Better Savings Account Rates Increased inflation may lead may turn out to be investor friendly, Investors with short-term aims might invest in a high-interest savings account, which may get better opportunities as increasing inflation often prompts the Federal Reserve to increase interest rates. Better savings can be more positive in the form of better return … Read more

. In the following matters, the powers and status of the Rajya Sabha are unequal to that of the Lok Sabha: .A Money Bill can be introduced only in the Lok Sabha and not in the Rajya Sabha. Rajya Sabha cannot amend or reject a Money Bill. It should return the bill to the Lok … Read more

The banks which could be differentiated on the accountof capital requirement, scope of activities and servethe needs of a certain demographic segment of thepopulation are called as Differentiated Banks or NicheBanks.The idea of Differentiated Bank was mooted byNachiket More Committee 2014, for FinancialInclusion. It can be classified as Payment Banks, SmallFinance Banks, Regional Rural Banks, … Read more

Judiciary and executive are two major component of our vibrant democracy. Their free and fair functioning lead to smooth functioning of a democratic country. The doctrine of separation of power and checks and balances has to be followed. But excessive check and balance lead to undue interference and this is the source of tussle.   … Read more