Navigating the South China Sea Dispute: A Comprehensive Overview

The South China Sea is a significant body of water located in Southeast Asia, bordering several countries including China, the Philippines, Vietnam, and Malaysia. The area has been at center of longstanding territorial dispute between these nations for many years. At the heart of this dispute lies claims over sovereignty and control over islands and

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The Role and Responsibilities of India’s Council of Ministers

The Council of Ministers is vital part of the Indian government. It consists of senior ministers who work closely with the Prime Minister to oversee various departments and ensure that policies are implemented effectively. Composition: The Council of Ministers comprises- The Cabinet includes senior members like Home Minister, Defence Minister, Finance Minister etc while MoS

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Supreme Court – Composition & Jurisdiction

The Supreme Court of India is highest judicial authority in country. It was established under Article 124 of the Constitution, which outlines its composition and jurisdiction. Composition: The Supreme Court consists of a Chief Justice and not more than 34 other judges. The President appoints these judges after consultation with other senior judges and lawyers.

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Information Economics

Introduction: Understanding Information Economics and Its Importance in Economic Decision-Making Information economics is a branch of economics that deals with the study of how information affects economic decisions and outcomes. It recognizes that information is often costly to acquire, process, and communicate, which can impact market efficiency and lead to suboptimal outcomes. Adverse Selection: How

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The labor economics

Introduction: Understanding Labor Economics and Its Role in Employment Decisions Labor economics is a branch of economics that focuses on the study of labor markets and how they function. It deals with various aspects related to employment, such as wages, job security, working conditions, and more. Supply and Demand of Labor: How They Affect Wages

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Market structure and its system

Introduction: Understanding Markets and Market Structure When we talk about markets, we’re referring to the systems that facilitate the exchange of goods and services between buyers and sellers. The structure of a market refers to its characteristics, such as the number and size of firms operating within it, the level of competition among those firms,

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