GOVERNMENT AND POLICY

Definition: Currency is a legal tender, commonly used to facilitate trade and payments, that is officially sanctioned by a particular country. It is a medium of exchange that is used to pay for goods, services, and debts. Key Features: Types of Currency: Examples of Currency: Importance: FAQs

A power of attorney (POA) is a legal document that authorizes one person (the attorney-in-fact) to act on behalf of another person (the principal). It is a legal designation of authority granted by one person to another to act in their stead. Types of Powers of Attorney: Requirements for a Valid Power of Attorney: Common […]

JAI jawan, Jai kisan, This slogan is a popular slogan in India that encapsulates the spirit of the country’s armed forces and agriculture, two pillars of the Indian economy and society. Meaning: Jai jawan: “Victory to the soldiers.” Jai kisan: “Victory to the farmers.” Significance: National pride: The slogan evokes a sense of national pride […]

Definition: A budget deficit occurs when the government’s expenditures exceed its revenues. In other words, the government spends more money than it takes in. Causes: Effects: Examples: Managing Budget Deficits: FAQs

Epigms are non-inheritable physical characteristics that are acquired through learning, training, or habit. Examples of epigms include learned motor skills, language skills, and habits.

Anarchy is a condition or state of complete lack of authority, control, or regulation. It is characterized by the absence of any government or other hierarchical structure. Key Concepts: Types of Anarchism: Examples of Anarchist Societies: Arguments in Favour of Anarchism: Arguments Against Anarchism: Conclusion: Anarchy is a complex concept that explores the extremes of […]

Estoppel is a legal principle that prohibits a person from making a statement that contradicts a previous statement made in a previous court case or transaction. Elements of Estoppel: Types of Estoppel: Examples: Purpose of Estoppel: Additional Notes: FAQs

Neoliberalism is a dominant economic ideology that advocates for free markets, private ownership, and limited government intervention. It is rooted in the principles of liberalism and emphasizes individual liberty, competition, and market efficiency. Key Principles of Neoliberalism: Examples of Neoliberal Policies: Arguments in Favor of Neoliberalism: Arguments Against Neoliberalism: Overall, neoliberalism is a complex and […]

Cash is a type of currency that is physical, not digitized. It is usually made up of coins and bills. Here are some of the key features of cash: Here are some examples of cash: Cash has been used by humans for thousands of years. It is a convenient and easy way to exchange money. […]

The Food and Agriculture Organisation (FAO) is a specialized agency of the United Nations that leads international efforts to combat hunger and malnutrition and advance food security. Established in 1945, the FAO is the largest intergovernmental organization specializing in food and agriculture. Key Functions: Major Programs: Governance: The FAO is governed by a 45-member Conference […]