Democracy Democracy is defined as the government by the people, of the people, and for the people. It is practiced in numerous nations across the world, but India is one of the best examples of democracy. This is because here democracy prevails in its true form despite the vast diversities that exist in the nation. Democracy in India India is considered the biggest Democracy in … [Read more...] about Democracy: Short Essay on Democracy
Economy of India
Business owners in India have faced a problem with the detection of fake currencies. Another problem is that the holders of fake currencies could be genuine people who innocently hold such money. 2014-15 saw India record a rise in the use of fake currencies. Counterfeit money in India is mainly used to fund several illegal activities such as terrorism. The process of … [Read more...] about How demonetization help in solving the problem of fake currency?
Overview The Indian government has long struggled with the issue of the fake currency and black money. In 1946 and in 1978, the respective Indian governments turned to demonetization as the long-term solution to the problem. The same historical event would take place in India in 2016. The Process of Demonetization in India On November 8th 2016, India's prime minister made … [Read more...] about Paragraph on Demonetization in India
Meaning of Demonetisation The act to cease a currency unit or put an official stop on its status as a legal tender is known as demonetisation (alternate spelling: demonetization). Demonetisation is the process that involves a change of national currency, where old currency is replaced with new currency. The circulation of a specific currency unit is stopped, followed by the … [Read more...] about Demonetisation: Meaning, Advantages and Disadvantages
Indian economy bags the seventh position among the other strongest and largest economies among the world. Being one of the top listed countries among the developing countries in terms of industrialization and economic growth, India holds a robust stand with an average growth rate of approx 7%. The Indian economy has emerged as a robust economic player among the economic giants … [Read more...] about Features of Indian Economy – 20 Points