Featured Article

RBI Launches new 500 and 2000 series banknotes

By | November 15, 2016

The Reserve Bank of India (RBI) introduced new design banknotes in the denomination of ₹ 500 and ₹ 2000 as part of Mahatma Gandhi(New) series, after the Prime Minister Narendra Modi made a surprise announcement of demonetization of ₹ 500 and ₹ 1,000 note to break the back of black money hoarders and counterfeiters. ₹500 notes new series: The… Read More »

Featured Article

The Customs Act, 1962

By | November 15, 2016

The consolidated and self-contained Customs Act, 1962 came into operation on December 13, 1962. repealing the earlier three Acts Sea Customs Act, 1878 Land Customs Act, 1924 and the Aircraft Act, 1934 each one related to the particular mode of transportation. This whole Act provides the legal framework, guidelines, and procedures related to a particular mode of transportation.… Read More »

Featured Article

Foreign Trade (Development and Regulations) Act, 1992

By | November 14, 2016

The Foreign Trade (Development and Regulation) Act 1992, the Foreign Trade (Regulation) Rules 1993 and the Foreign Trade (Exemptions from Application of Rules in Certain Cases) Order 1993 issued thereunder. This Act replaced the earlier legal regime consisting of the Imports and Exports (Control) Act 1947 and the Import (Control) Order 1955 and the Export (Control) Order 1988 issued… Read More »

Featured Article

General Conditions in Export Contracts during Foreign Trade

By | October 8, 2016

The export contract refers to the subject of the contract. In addition, the contracts also mention the rights of the party concerned against the party which may have failed to honour his contractual obligations, except under some valid reasons. The transportation of goods in export for foreign countries involve risks and costs. The goods may get lost, stolen… Read More »

Customs Clearance

By | November 30, 2016

The concept of customs operation is as old as the trade itself, In the olden days, there was a tradition followed by traders of offering gifts, etc. to Kings to be able to sell their merchandise in different territories. The same practice has been formalized in the modern economic and political systems. Goods are subjected to levy of duties,… Read More »

Foreign Exchange

By | November 25, 2016

Foreign exchange means foreign currency and includes: all deposits, credit, and balances payable in foreign currency, any drafts, traveler’s cheques, letters of credit and bills of exchange expressed or drawn in Indian currency but payable in any foreign currency and; any instrument payable at the option of the drawee or holder thereof or any other party to it,… Read More »

Synonyms and Antonyms (Section T)

By | November 15, 2016

Synonyms and antonyms of essential English words are starting with alphabet ‘T’. Learning synonyms and antonyms for the words in this section ‘T’ will be helpful for the aspirants preparing for competitive examinations on English language testing. This section ‘T’ covers terms such as tactless, talktive, tally,  tame, taunt, tease, tedious, tempting, tender, terrorise, thorny, thorough, thrifty, thrilling, tidy,… Read More »

Synonyms and Antonyms (Section S)

By | November 15, 2016

Synonyms and antonyms of essential English words are starting with alphabet ‘S’. Learning synonyms and antonyms for the words in this section ‘S’ will be helpful for the aspirants preparing for competitive examinations on English language testing. This section ‘S’ covers terms such as scatter, sever, severe, shabby, shatter, shield, shortcoming, shrewd, significant, slack, slender, solitary, sophisticated, spectacular, speculative,… Read More »

Synonyms and Antonyms (Section R)

By | November 15, 2016

Synonyms and antonyms of essential English words are starting with alphabet ‘R’. Learning synonyms and antonyms for the words in this section ‘R’ will be helpful for the aspirants preparing for competitive examinations on English language testing. This section ‘R’ covers terms such as random, rash, rational, reasonable, rebuke, rectify, refute, regard, relevant, reliable,  relieve, reluctant, rely, remarkable, remedy,… Read More »

Synonyms and Antonyms (Section N, O)

By | November 15, 2016

Synonyms and antonyms of essential English words starting with alphabet ‘N, O’. Learning synonyms and antonyms for the words this section ‘N,O’ will be helpful for the aspirants preparing for competitive examinations on English language testing. Section N: This section ‘N’ covers terms such as nab, native, naughty, neglect, negligent, negligible, nervous, nominal, nurture, etc. S.No Word Synonyms Antonyms… Read More »

Synonyms and Antonyms (Section M)

By | November 15, 2016

Synonyms and antonyms of essential English words are starting with alphabet ‘M’. Learning synonyms and antonyms for the words in this sections ‘M’ will be helpful for the aspirants preparing for competitive examinations on English language testing. This section ‘M’ covers terms such as magnificent, majestic, mammoth, marvel, masculine, meager, mean, mediocre, mentor, merge, meticulous, midst, minute, miserly,… Read More »