Impact of British rule in India had been widespread throughout the country and affected the cultural‚ technological‚ religious‚ social‚ political and economic state of India. India had persistently tolerated the British rule for 190 prolonged years‚ with their everlasting impression been forever etched upon the succeeding Indian citizens. Impact of British rule in India‚ in this context‚ is one that had perhaps emerged forth right from the 16th century‚ when British missionaries had sailed to
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Impact of Recession on Indian Economy & Changes in Consumer Behaviour due to Recession Introduction- Almost everybody today seems to be discussing about the US Recessionary trend and its impact on emerging countries‚ more particularly India Economists‚ Industrialists and the common man on the streets seem to have been horrified by the very thought of recession in India and that too due to US. Decreasing industrial production‚ inflation‚ decreasing job opportunities‚ cost cutting‚ reducing
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Was the impact of free trade positive for the British economy? In the early 18th century‚ before the introduction of free trade‚ the British economic system was known as mercantilism. It intended to protect and stimulate domestic interests. This was achieved by implementing Navigation acts and tariffs. The theory of the tariff is to raise prices of the produce and therefore generate tax revenue. It also has the effect of reducing imports. The tariff was imposed in order to fund war and interest
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republic." It has 28 states and seven Union Territories. With a population of approximately 112 crore‚ India happens to be the largest democracy in the world. Indian polity is a multi-party democracy‚ based on the adult franchise system of voting. That is any Indian citizen of 18 and above‚ who is not debarred by law‚ can vote in the Indian elections‚ at national‚ state and local levels. India is a parliamentary democracy and a federal parliamentary representative democratic republic‚ where the Prime
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What is globalisation and its impact on indian economy? A. First about globalisation‚ its meaning‚ dimensions‚ measurment and content perspectives: Globalization is the increasing interconnection of people and places as a result of advances in transport‚ communication‚ and information technologies that causes political‚ economic‚ and cultural convergenceThe word "globalization" can be traced back to 1944. The term has been used by economists since 1981; however‚ its concepts did not permeate
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The British Imperialism had a positive impact on India. When they had conquered India in 1858‚ India was not subjected to the influences of the western world‚ except for trade with the Greeks. THey ruled through the East India Company. The British did not do much for Indian Economy. In fact‚ taxes were raised and famine was the aftereffects of it. In the earth 19th century‚ the British encouraged agriculture‚ which decreased nomads and pastors. The British took up a logging operation that made most
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Indian Political system 1. India is a Sovereign‚ Secular‚ Democratic Republic with a Parliamentary form of Government. 2. The Constitution was adopted by the Constituent Assembly on 26th November 1949 3. The constitution came into force on 26th November 1950. 4. The Constitution advocated the trinity of justice‚ liberty and equality for all the citizens. 5. The Constitution was framed keeping in mind the socioeconomic progress of the country. 6. India follows a parliamentary
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accumulation. Though‚ despite this shortage of investment‚ these countries have developed a strong urge for industrialization and economic development. As we know the need for Foreign capital arises due to shortage from domestic side and other reasons. Indian economy has experienced the problem of capital in many instances. While planning to start the steel companies under government control‚ due to shortage of resources it has taken the aid of foreign countries. Likewise we have received aid from Russia‚
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years‚ 11 months‚ 18 days • CAME INTO EFFECT: 26th Jan‚ 1950 • ‘British India’ + ‘Princely States’ IS THE CONSTITUENT ASSEMBLY TRULY REPRESENTATIVE ?? (British India: 296 seats Princely States: 93 seats) Features of the Constitution • Longest written Constitution in the world – 395 Articles (450)‚ 22 Parts (24)‚ 8 Schedules (12) • • • • • Fundamental Rights Directive Principles of State Policy Federal System with Unitary Bias Parliamentary form of Government Synthesis of Parliamentary
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complex‚ GATT was unable to deal with it. Eg. In the agriculture sector‚ loopholes in the multilateral system were heavily exploited‚ and efforts at liberalizing agricultural trade met with little success. In the textiles and clothing sector‚ an exception to GATT’s normal disciplines was negotiated in the 1960s and early 1970s‚ leading to the Multifibre Arrangement. Even GATT’s dispute settlement systems were causing concern. The Uruguay round negotiations lasted for about seven and a half years‚ twice
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