Category: Economics

908 words essay on Hurricanes for students. Of all of nature’s forces that exist, hurricanes could be considered one of the most powerful of all these forces that can cause tremendous amounts of destruction in a little amount of time. A hurricane is a powerful whirling storm of winds that measure 200-300 miles in diameter. Hurricanes take place over an area of low pressure that forms over the oceans in tropical regions in either the North Atlantic Ocean or North-eastern Pacific Ocean. In the west Pacific Ocean, hurricanes are called typhoons, and in the Indian Ocean they are called Cyclones. ADVERTISEMENTS: Hurricanes develop from easterly waves that over the oceans warm waters. These easterly waves are long narrow regions of low pressure that occur in ocean winds called trade winds.…

Short Essay on Competition Commission of India – A liberal economy, as India now is, prospers on healthy competition without which there is bound to be monopolistic commercial exploitation.In order to check the accompanying evils of economic liberalisation the State has to regulate trade without excessive intervention.This can be achieved by two-pronged approach of promoting healthy competition and curtailing monopoly. Keeping this in mind the Government of India decided to enact Competition Act of 2002 replacing Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act). Image Source: businessinsider.in ADVERTISEMENTS: Under this Act a quasi-judicial body, the Competition Commission, was formed to promote awareness and imparting training on the competition issues. This Commission also looks into the violations of the Competition Act.The complaint may be made directly by the complainant or…

Short Essay on Wild Life Protection – Wildlife is important for human life because it is the animals and the ecology that sustain life on the planet. India has had a very rich wildlife thriving in green and lush forests.However, of late there has been a steep decline in the flora and fauna of the nation houses. A number of animals and birds are either extinct or steadily on the way to extinction.This has been a cause of deep concern. Comprehensive measures are needed to check the degeneration of forests before it is too late. The State laws have proved to be ineffective in this regard. Parliament, therefore, found an urgent need for a Central legislation and enacted the Wild Life Protection Act, 1972. ADVERTISEMENTS: The law now provides for…