In the early 1920s a militant guerrilla movement spread in the Gudem Hills of Andhra Pradesh.The colonial government had closed large forest areas, preventing people from entering the forests to...
Banks are not present everywhere in rural India.Even when they are present, getting a loan from a bank is difficult because banks ask for proper documents and collateral.Absence of collateral is...
When Manchester industrialists began selling cloth in India, they put labels inform buyers about the place of manufacture and the name of the company as well as a mark of quality. When buyers...
A political party is a group of people who come together to contest elections and hold power in the government. They agree on some policies and programmes for the society with a view to promoting...
The term collateral is used in relation to the issuing of loans.When a bank issues a loan it expects a security or guarantee from the borrower.Usually this security is an asset that the borrower...
The Reserve Bank of India issues currency notes on behalf of the central government. As per Indian law, no other individual or organisation is allowed to issue currency. The Reserve Bank of India...
One-party systems: only one party is allowed to control and run the government. e.g. in China only the Communist Party is allowed to rule.Two-party system: two main parties win the majority of...