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Explanation: One of the grounds for challenging the validity of an arbitral award under the Arbitration and Conciliation Act, 1996, is if the award is in conflict with the public policy of India. Public policy is a broad and flexible concept that includes principles of morality and justice. If an arbitral award violates fundamental principles of public policy, it can be set aside by the court.
The Balance of Payments of a country is a systematic record of
Which of the following statements regarding Foreign Institutional Investment (FII) in India are correct?
1. Non-Resident Indians (NRIs) are allow...
Consider the following statements with respect to the Finance Commission -
I. The Finance Commission (FC) is a constitutional body that deter...
Which of the following companies is the 16th Navaratana company of India?
_______________ has approved a Rs 2,644.85 crore (USD 350 million) loan for India to help improve its urban services.
Which of the following countries is not one of the top 5 countries in the Global Innovation Policy Center of the U.S. Chamber of Commerce?
Which of the following defines the concept of Balance of Payments most appropriately?
Which of the following best explains the cascading effect of taxation?
(1) When tax imposition leads to a disproportionate increase in prices by ...
Who developed the Vidya Samiksha Software- Saagar se Saraansh, part of the Vidya Samiksha Kendra, for enhancing data-based decision-making?
Which of the following statements is/are correct about the skill development programs in India?
1. Skill India Mission is an umbrella scheme laun...