The Dawn Of Twentieth Century Has Witnessed Two World Wars. The Calamities, Destruction, Miseries And Human Sufferings As Aftermath Of These Wars Have Had Catastrophic Effects.
The Heinous Crimes, Gruesome Murders And Brutal Tortures During The Second World War Have Influenced The Global Nations To Resolve Firmly That The People All Over The World Must Be Guaranteed With The Minimum Human Rights And Fundamental Freedoms, I.E., Dignified Living, Protection To Life And Freedom From Torture, Etc.
The Constitution Of India Has Established Democratic And Republic Rule. Democracy Requires Information To All Citizens And There Should Be Transparency Of Information To Them. This Is Vital To Its Functioning And Also To Control And Limit Corruption And Hold Governments And Their Instrumentalists Accountable To The Governed Public.The Formal Recognition Of A Legal Rti In India Occurred More Than…
Banks Have Become an Integral Part Of Not Only Global And National Economies, But Also Business And Family Life Of Every Individual.They Have Become Highly Indispensable For National, International, Industrial, Agricultural And Commercial Activities Including Exports, Imports, Share Markets, Etc.
The Concept Of Globalisation And The World – A Global Village Has Necessitated The Indian Parliament To Repeal The Outdated Arbitration Act, 1940 And Substitute It With A More Dynamic And Vibrant Act Namely The Arbitration And Conciliation Act, 1996.
After liberalization and globalization, the world has become a global village. After the liberalization policy of India in 1992, many private companies both in life and general insurance sectors have come into operation.
