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Judicial Review means the power of the Supreme Court or High Courts to examine the constitutionality of any law if the Court arrives at the conclusion that the law is inconsistent with the provisions of the Constitution, such a law is declared as unconstitutional and inapplicable. Rule of law is a concept which talks about the accountability of institutions while exercising their powers shall not act arbitrarily and illegally. Their actions should be subjected to the rule of law. Separation of Power dictates that the judiciary should act independently without any outside influences. The role of Judiciary is to interpret the law and it has to do that independently. Therefore, both the concepts rule of law and independence of judiciary are co-related for effective working of the government in a democracy and Judicial Review plays an important role in maintaining Rule of Law and an important facet of an independent judiciary.
The first known mutual aid society in India was ________.
“Relationship beyond banking” is the tagline of which of the following bank?
The Competition Commission of India (CCI) has slapped a fine of Rs 40 lakh on which bank for failing to notify the regulator about its acquisition of a ...
What is the minimum investment grade credit rating required for Housing Finance Companies (HFCs) to accept public deposits in India?
What is the objective of the MoU between IFSCA and CPI?
What is the maximum period for which a Public Sector Bank (PSB) can hold a NonPerforming Asset (NPA) before it must be classified as a loss asset?
Asian Development Bank (ADB) is a regional development bank established in which year?
Dilip Asbe is the Chariman of which of the following organization?
BSE and National Stock Exchange have imposed a fine of Rs 5.36 lakh each on __________for not having the required number of independent directors includ...
Indian Renewable Energy Development Agency (IREDA) comes under which of the following ministry?