The government

Union Executive:-President,Vice President, Prime Minister and the Council of Ministers

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Union Executive:-President The Union executive consists of the President, the Prime minister and the Council of ministers. Powers and functions of The President of India The President is the head of the Indian State. He is the first citizen of India and acts as the symbol of unity, integrity and solidarity of the nation. Article … Read more Union Executive:-President,Vice President, Prime Minister and the Council of Ministers

Judiciary : Composition, Role, Judicial Review and Judicial Activism.

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Union Judiciary : The Supreme Court ; its role and powers The Supreme Court is the highest court of The Indian Republic.  Judiciary, the third organ of the government, has an important role to play in the governance. It settles the disputes, interprets laws, protects fundamental rights and acts as guardian of the Constitution. India … Read more Judiciary : Composition, Role, Judicial Review and Judicial Activism.

Comptroller and Auditor General of India

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The Comptroller and Auditor General (CAG) promotes accountability, transparency and good governance through high quality auditing and accounting.The Comptroller and auditor general (CAG) of India is empower to audit all expenses from the combine Fund of the union or state governments, whether incurred within India or outside. The Comptroller and Auditor General of India (CAG) … Read more Comptroller and Auditor General of India

Federal Structure: Union-State relations.

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The Indian constitution provides for a federal framework with powers (legislative ,executive and financial) divided between the center and the states. However, there is no division of judicial power as the constitution has established an integrated judicial system to enforce both the central laws as well as state law. The Indian federation is not the … Read more Federal Structure: Union-State relations.

Preamble and its significance

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The Constitution of India begins with a Preamble which describes the nature of the Indian State and the objectives it is committed to secure. K.M. Munshi describes the Preamble as the political horoscope of the constitution. Thakur Dass Bhargawa says Preamble is the most precious part and the soul of the constitution. The Preamble reads: … Read more Preamble and its significance

Preamble and its significance

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The Constitution of India begins with a Preamble which describes the nature of the Indian State and the objectives it is committed to secure. K.M. Munshi describes the Preamble as the political horoscope of the constitution. Thakur Dass Bhargawa says Preamble is the most precious part and the soul of the constitution. The Preamble reads: … Read more Preamble and its significance

PUBLIC FINANCE-Fiscal Policy

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Public Finance Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more PUBLIC FINANCE-Fiscal Policy

Role and Functions of Reserve Bank of India and commercial banks

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Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more Role and Functions of Reserve Bank of India and commercial banks