bank is a financial intermediary and creates money by lending money to a borrower, thereby creating a corresponding deposit on the bank’s balance sheet. A banking system is a group or network of institutions that provide financial services to the society. Banking sector acts as the backbone of modern business.
Eradication of poverty has been a major objective of the Indian government in recent times. The base on which growth of the Indian economy is built is infrastructure, where India substantially lacks. However, in recent times in India reduction of poverty and enhanced economic growth has emerged as the main objectives of the government and infrastructural bottlenecks are seen as the major hurdle to achieve that objective.
Long ago, people used to perform folk songs and dramas in various cultures. It was the media that was used to communicate information to the larger masses. Earlier, it was the print media that had a greater impact on communicating information amongst the people. Amrit Bazar Patrika, Tribune, and the Pioneer are the historic newspapers
The Supreme Court recently dissolved a marriage by exercising its inherent powers under Article 142 of the Constitution, even as it recognised that there is no statutory law for recognising irretrievable breakdown of marriageas a ground for divorce in India Facts The disputing parties were married in May, 1993, and the wife conceived out of wedlock
Human rights are always associated with and are an integral part of the lives of people. They are basic principles and guidelines which depict human behaviour. These rights do not discriminate against people on the basis of caste, religion, sex, etc. They are considered to be unalienable. These human rights are also a subject in
An offer when it is accepted becomes an agreement. But all agreements are not contracts. In order to become a contract, an agreement must be enforceable by law. Therefore, only those agreements which are enforceable by law can result in contracts. Offer + Acceptance = Agreement Agreement + Enforceability = Contract Agreement Under Section 2(e),
In the context of personal laws and marriage, maintenance in the popular sense refers to the expenses which a husband is bound to pay to his wife in case of divorce, cruelty, desertion (by husband) etc. However maintenance is not limited to wife only and can also be claimed by parents and children. The purpose
The present healthcare system in India is not adequate to deal with the needs and requirements of the current population. The Indian healthcare system is growing at a rapid pace and both the Central and the State governments are taking all the necessary steps to ensure that the highest quality of healthcare services and drugs are available at government hospitals. Healthcare, both in terms of revenue and employment, has been one of India’s largest industries. Hospitals, medical supplies, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment are included in healthcare.Â
As per the jurisprudential approach, human rights are understood as those rights which every human holds by the virtue of being human beings. These rights are internationally recognized rights and are entitled to humans irrespective of their gender, caste, religion, creed, race, or colour and no one shall be discriminated against on any of these