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● Statement 1 is incorrect: Article 123 of the Constitution grants the President certain lawmaking powers to promulgate Ordinances when either of the two Houses of Parliament is not in session and hence it is not possible to enact laws in the Parliament. There is limitation on the President to promulgate ordinance when Parliament is not in session. Hence it is not a parallel power with the legislature. ● Statement 2 is incorrect: An ordinance will expire after 6 weeks once both the houses of Parliament are in session. Thus, the maximum validity of an ordinance is 6 months and 6 weeks ● Statement 3 is correct: An ordinance may have retrospective effect and may be modify repeal any act of Parliament or even another ordinance
Using the following data, calculate the Economic Order Quantity (EOQ):
Monthly consumption: 4000 kg
Cost per kg of raw materials: ₹2
...In case of banks deals with Mutual Funds, which combination among the following will be applicable for the regulatory Purposes?
Rural youth belonging to poor families are identified and trained for Self-employment in RSETIs. What does the “E” stand for in RSETIs?
Which of the following statements about mutual funds is/are accurate?
1. Open-ended mutual funds allow investors to buy and sell units at any tim...
Most of the widely used global security indices are:
According to the Union Budget 2023-24, consider the following statements.
1. ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomes�...
What is the main objective of Prompt Corrective Action (PCA) framework by RBI?
What is the maximum loan limit per borrower for renewable energy projects like power generators or public utilities, under priority sector lending (PSL)...
In an corporate organization, an employee communicates horizontally between different functional areas with his _______
Who is the new Managing Director and Chief Executive Officer (MD and CEO) of IndiaFirst Life Insurance?