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Showing posts from July, 2018

Motion of no confidence

In a democracy majority matters. Any government in democracy should have majority to enjoy the saddle. If not it will topple. Any democratic country like India sees "No Confidence Motion" as a peril to the ruling government.In a parliamentary democracy setup, motion of no confidence is done against the head of the state or government. Depending on the magnitude of opposition and the constitution the council of ministers will be dismissed. For a individual dismissal censure is called on in many constitutions around the world. The major difference between censure and Motion of no confidence is that for censure the party should have a valid reason whereas for Motion of no confidence no reason is needed. For this reason motion of no confidence can raised only once in 6 months in India, in most of the countries the time period varies between 3 to 6 months because frequent motions will be counterproductive and result in wastage of tax payers money. In India only in Lower hou...

Democracy vs Republic

Democracy: In democracy, the citizens in a democracy exercise their power by voting. Democracy doesn't have defined definition some of the important characteristics are legal equality, political freedom, rule of law.There are many types of democracy around the world let us see some of them in detail.Democracy is absolute people's rule. By the people, for the people and of the people. Republic: Republic is also the same as that of representative democracy but it is has a written constitution in which the minorities rights are preserved.In "pure democracy" minorities rights can be abrogated but in republic it cannot be done. In democracy mostly right of religion is questioned but in republic countries the right of religion of minority is saved.In democracy the Sovereignty is held by the whole population whereas in republic it is held by few individuals. Types of Democracy: Direct Democracy: In direct democracy the people form the governing body and they decide ...

What is credit rating?

Credit rating is the rating given to the borrower of the debt. A debt is a promise which has to be returned with the conditions(with interest) it was borrowed. Credit ratings are given by financial institutions to the borrower. The first credit rating financial institution was Moody's, in 1909 Moody's starting rating bonds. But none of them took it seriously until 1936 when rules were passed to stop bankers investing in speculative or junk bonds putting investors money in risk. Thus banks relied on financial institutional credit rating to invest.  The borrower might be anyone an individual, a corporate company or state authority or even governments. To get credit rating the entities will pay money to these financial institutes to get credit ratings for themselves or for debt issuers. Some of the known credit rating financial institutions are Standard and Poor's, Fitch or Moody's. These are the institutes which give the rating to government and big corporate indus...

VOLTE vs LTE - Reliance JIO explained

LTE (Long term Evolution): LTE was developed by 3GPP (3rd Generation Partnership project) and is release in its 8th and 9th documentation release.The trade mark is owned by ETSI(European Tele communication Standard Institute). LTE nothing but a standard for the high speed wireless communication for mobile and data terminals. It is also called as 4G network. The network design was such that it will have reduced latency when compared to 3g networks, thus making it incompatible with 3G devices. It is a technological evolution on both CDMA and GSM. At present LTE is the fastest means of wireless data transfer in world. LTE can support a download speed of 100 MBits per sec and upload speed of 50 MBits per second. VOLTE(Voice over LTE): VOLTE is used to send and receive data simultaneously using LTE technology without compromising the voice quality. The usage of internet and voice call can be simultaneously done.The connection timing is also very fast when compared to 3G calls.In 2014...

What is trade war ?

What is a trade war ? We have seen many wars before , some of the famous once are World war 1 and 2 , American war, Vietnam war etc etc . But all the above wars were involved with ammunitions and direct killing or massacre of innocent civilians and armed militants . One of the most deadliest war ever fought was world war 2 which killed more than 60 million people. The above said war is different from trade war. In trade war countries tries to destabilize their opponent countries financially by imposing higher tariffs on imports (from opponent country) and to retaliate this the opponent country also does the same which as a result reduces international trade. For example let's take the ongoing trade war between US and China. US started this war by imposing a tariff on steel imports stating national security , even though US president decision was taken by special status which is given to the US president in 1962 , according to US constitution only Congress body can impose tari...

What is ABS?

ABS can also be called as Anti-lock braking System . It is used to avoid skidding of vehicles while applying brakes so that the driver can steer the vehicle in desired direction. ABS works by ensuring that no wheel in the vehicle is looked up. It works on the principle of threshold braking and cadence braking. When the brake is applied with great amount of pressure over brakes when somethings interfere in path of the vehicle, the ABS will control the rate at which the individual wheels decelerate instead of stopping the wheels to rotate at once. It is done by controlling the line pressure applied to the foundation brakes of each wheel thus reducing the friction between the wheel and the road. It does it by the help of speed sensors to determine if one or more wheels are trying to lock up by limiting the braking over these vehicles. There are many studies which have proven that ABS have reduced the amount of fatal accidents in many countries. It has reduced more than 50% of the acci...