Flagship Programmes by Government of India

By | August 3, 2017

Some of the Flagship Programmes by Government of India (GOI) are : National Rural Employment Guarantee Programme (NREGP) National Rural Health Mission (NRHM) Integrated Child Development Services (ICDS) Sarva Shiksha Abhiyan (SSA) Mid-day Meal Scheme (MDM) National Social Assistance Programme (NSAP) Total Sanitation Campaign (TSC) Backward Regions Grant Fund (BRGF) National Rural Employment Guarantee Programme (NREGP): The National… Read More »

Commercial Shipping Features

By | July 13, 2017

The salient features of commercial shipping can be summarized as under: Shipping of goods is an international activity perpetually exposed to change in the international environment. Commercial shipping is subjected to periodic cycles of depression and buoyancy in business. The highly capital-intensive nature of the industry necessitates Large financial resources, and Adequate utilization of capital. International mobility of ships… Read More »

About Four Anglo-Mysore Wars

By | June 26, 2017

The Anglo–Mysore Wars were a series of four wars fought in India over the three decades of the 18th century between the British East India Company and the Kingdom of Mysore. The fourth war ended with a result in the overthrow of the house of Hyder Ali and Tipu Sultan and the dismantlement of Mysore to the benefit… Read More »

Gandhian Phase (1917-1947)

By | June 26, 2017

On January 9, 1915, Gandhiji returned from South Africa where he was worked as a barrister but due to some racial discrimination, he returned to India. Gandhiji’s Satyagraha was actually started in South Africa initially. The first participation of Gandhiji in Congress session was in 1901, Calcutta session under the presidentship of Bal Krishna Gokhale. Gandhiji assumed Gokhale… Read More »

Blood Relationship Between Family Members

By | June 14, 2017

Family or Blood Relationship means persons connected by relations like – father-mother, son-daughter, brother-sister, grandfather-grandmother, uncle-aunty, nephew-niece, brother-in-law sister-in-law etc. The list can go on and on adding members from father’s side and mother’s side etc. The list given below is quite helpful for finding out some indirect relationships: S.no Relationship Commonly Used Terms 1 Father’s son (or) mother’s son Brother 2… Read More »

Advantages of a Public Warehouse

By | June 13, 2017

The advantages of a public warehouse are: Storage facilities can be availed at desired locations as and when required, and at a known cost. The goods can be despatched to the warehouses with the warehousemen as the consignee for the clearance of the goods at the railhead and transportation to the warehouse. The goods can be delivered or despatched to… Read More »

Contents Required in Commercial Invoice

By | June 9, 2017

After the pro-forma invoice is accepted by the importer, the exporter must prepare a commercial invoice.  The commercial invoice is required by both the exporter (to obtain the necessary export documents, to enable the consignment to be exported, to prove ownership and to enable payment) and importer (who require the commercial invoice to facilitate import of goods into the country… Read More »

Duties of Exporter and Importer Under CIF Contracts ?

By | June 1, 2017

CIF (Cost, Insurance and Freight) contract has the following duties for exporter: Supply the goods in conformity with the contract sale, arrange at his on expense for the shipping space by the usual route and pay freight charges for the carriage of goods; Obtain at his own risk and expense all documentation regarding governmental  – authorization necessary for… Read More »

Different Types of Foreign Exchange Transactions

By | June 1, 2017

A foreign exchange transactions is a contract to buy or sell a quantity of one currency in exchange for another at a specified time for delivery and settlement and at a specified price (exchange rate). These transactions take place in foreign exchange markets. Regarding counterparties and settlement dates, the forex transactions are classified in many categories as trade transactions,… Read More »