LIBOR – London Inter-Bank Offered Rate

LIBOR (London Inter-Bank Offered Rate) It is the average of interest rates provided by leading banks in London that they would be charged if borrowing from other banks. It is used as a global benchmark interest rate by many banks around the world. What is the Mechanism in India NSE…

Chalcolithic Cultures

Chalcolithic Age :- Chalcolithic Age people used copper and bronze to make a range of utilitarian tools. This phase or period is termed as the Chalcolithic age. A number of such sites have been found in the Chota Nagpur plateau region, the upper Gangetic basin, Karnataka and near the banks…

What is Social Democracy

What does social democracy mean? It means a way of life which recognises liberty, equality and fraternity, in the same context for all. The supreme court observed in 1997 that, the constitution envisions to establish an egalitarian social order rendering to every citizen social economic and political justice in a…

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