Languages in India

By | January 5, 2017

India is home to 1652 mother tongues. 33 of which are spoken by people numbering over a lakh. Sanskrit is the overarching language in most of the Indian languages. Officially there are 22 recognized languages. English, in fact, is widely spoken and perhaps is the link between North, North-East and South India. In the world, there are 6000… Read More »

The Minorities in India

By | January 4, 2017

The Ministry of Minority Affairs established by Government of India on 29th January 2006. It is the apex body for the central government’s regulatory and developmental programs for the minority religious communities in India, which include religious Muslims, Sikhs, Christians, Buddhists, Zoroastrians (Parsis) and Jains. The Ministry of Minority Affairs was created to ensure a focused approach to… Read More »

Fundamental Rights (Articles 14-18, 19-22, 23-24, 25-28, 29-30, 32)

By | January 4, 2017

Part-III of the Indian constitution from article 12 to 32, contains fundamental rights. Part-III of the Indian constitution is called corner stone of the constitution and together with part-4 (directive principles and state policy) constitutes the conscience of the Constitution. This chapter of the Constitution has been described as the Magna Carta of India. Fundamental Rights are individual… Read More »

Chartering Practices

By | January 3, 2017

When a tramp carrier is engaged, it is said to be under the charter, as one charterer hires either the whole or the bulk of its space. A tramp may be chartered in some ways. Three most important forms of engagement are: Voyage Charter Time Charter Bareboat Charter or Charter by Demise. Let us now discuss them in… Read More »

Synonyms and Antonyms (Section W, X, Y, Z)

By | January 2, 2017

Synonyms and antonyms of essential English words are starting with alphabet ‘W, X, Y, Z’. Learning synonyms and antonyms for the words in this sections ‘W, X, Y, Z’ will be helpful for the aspirants preparing for competitive examinations on English language testing. Section W This section ‘W’ covers terms such as wayward, weaken, weld, whimsical, wicked, widen, widespread,… Read More »

Synonyms and Antonyms (Section U, V)

By | January 2, 2017

Synonyms and antonyms of essential English words starting for the aspirants preparing for competitive examinations on English language testing with letter ‘U, V’ will be helpful for the aspirants preparing for competitive examinations on English language testing. Section U: This section ‘U’ covers terms such as ugly, ultimate, undue, unearth, uniformity, unify, unique, universal, upset, urge, urgent, usual.… Read More »

Synonyms and Antonyms (Section P, Q)

By | January 2, 2017

Synonyms and antonyms of essential English words are starting with alphabet ‘P, Q’. Learning synonyms and antonyms for the words in this sections ‘P, Q’ will be helpful for the aspirants preparing for competitive examinations on English language testing. Section P This section ‘P’ covers terms such as pacify, palatial, pardonable, partisan, pathetic, peerless, pessimist, pinnacle, potent, precise,… Read More »

Basic Principles of ECGC Operation

By | December 29, 2016

There are two basic principles on which ECGC (Export Credit Guarantee Corporation of India Limited) works: 1. The spread of Risk: An exporter is required to insure all the shipments that may be made by him during the next two years. To avoid undue difficulty to the exporters, exceptions have been made in respect of transactions made against… Read More »

Organizations Covering Credit Risk

By | December 23, 2016

There are more than 40 organizations providing cover for credit risk, the world over. They are all members of a union International Union of Credit and Investment Insurers’ also popularly known as the BERNE UNION, In most countries, these organizations are government controlled through a few of them are privately owned. In India, we have the ‘Export Credit Guarantee Corporation of… Read More »

Role of Clearing and Forwarding Agent in Foreign Trade

By | December 22, 2016

Clearing and forwarding agents are a link between the owners of goods and owners of means of transport. They help the cargo owners in the efficient movement of goods to the buyers by completing some procedural and documentary formalities. They are experts and knowledgeable in laws and regulations governing shipment of goods through the customs authorities as well as… Read More »