Indian constitution have meticulously defined powers and functions of the different organs of the state. Legislature, executive and judiciary have to function within their own spheres demarcated under the constitution. Unlike the US constitution, instead of having strict separation of power India follows the principle of ‘checks and balance’ which is evident from the various constitutional provisions dealing with executive, legislative and judicial organs.
Indian constitution have meticulously defined powers and functions of the different organs of the state. Legislature, executive and judiciary have to function within their own spheres demarcated under the constitution.
October 4, 2024
What is Marginal Utility? In simple terms, marginal utility is the additional satisfaction or benefit a consumer gets from consuming one more unit of a good or service. It’s the extra “utility” or “happiness” you derive from each additional unit. Imagine you’re eating pizza. The first slice is delicious, right? But as you eat […]
December 10, 2020
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, […]
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