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What is National Disaster Response force (NDRF) ?

What is National Disaster Response force (NDRF) ?

After back to back disasters of Orissa summer cyclone ‘99, Gujarat earthquake ’01 and Tsunami of ‘D4 which killed thousands of people we finally felt the need of having a specialist response mechanism at the national level to effectively respond to disasters both natural and man-made. The Disaster Management Act, 2005 was thus enacted which

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Do we need state regulation of live-in relationships?

Recently, the Rajasthan State Human Rights Commission has demanded the central and state government set down eligibility criteria cohabitation arrangements. Live-in Relationship Live-in relationship is defined as a living arrangement in which an unmarried couple lives together in a long-term relationship that resembles a marriage. Reasons to cohabit in such way includes that couples want

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Importance of e-commerce sector in India

Recently Department of consumer affairs has published the draft e-commerce guidelines for consumer protection 2019 in the background of various bundles face by consumers through eCommerce. What is eCommerce? E–commerce refers to the buying and selling of goods and sources using the internet and transfer the money and data to execute this transaction. Do you

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Desertification and land degradation in India

Land degradation means degradation occurs in dryland regions; it is known as desertification. In 2011-2013; India has approx. 96 million hectares of degraded land, which is around 29% of India’s total landmass. Causes of desertification Loss of vegetation cover Soil erosion Deforestation Excessive exploitation of groundwater Unsustainable farming practices. In India, water erosion is the

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Is China manipulating its currency?

The ongoing trade was a conflict between US-China rose to the extreme with China weakening its currency in retaliation to US tariffs. Currency manipulation – intentionally weakening of one’s own country’s currency to impact another economy. Impact on Asian countries China an export-driven economy by reducing currency it opened further markets for other countries to

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Why is corporate governance important?

Corporate governance The rules, procedures and process that deals with the working of a corporate entity are known as corporate governance. It essentially involves working in the best interest of the company while balancing shareholders’ interests. Independent directors. According to Companies Act, 2013, as an independent director is a non-executive director of the company who

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What is consumer protection bill 2019?

Parliament passed Consumer protection Bill 2019 recently to amend the Consumer Protection Act 1986. KEY FEATURES OF BILL; Definition of consumer: someone who buys any goods or services for consideration – not include the purchase of goods for RESALE. Six rights for Consumer including protection against hazardous goods, right to information right to access a

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What is Arbitration Council of India?

The government has passed dispute, Arbitration and conciliation (Amendment) Bill 2019. And new Delhi International Arbitration Centre Bill, 2019.”Arbitration” means setting the dispute, especially commercial dispute.outside the courts.  Arbitration in India is governed by the Arbitration and conciliation Act, 1996which is now amended. India has a slow judicial system backlog of cases. Foreign companies used

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What is Development Finance Institution?

 Development Finance Institution (DFI) :- A DFI also known as a development bank or development finance company is a financial institution that provides risk capital for economic development project on non-commercial basis. Difference between DFI & Commercial Banks :- DFIS Commercial Bank Provide long term capital to productive sectors like infrastructure. Provide financial assistance or

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