ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Indian Judiciary acts as a guardian of the rights and freedoms of the people. If a fundamental right of a person is violated he can approach the Supreme Court or a High Court. The Right to Constitutional Remedy helps the individuals to protect their rights by seeking protection from the courts.

Detailed explanation-2: -Rule of law according to Dicey means the absolute supremacy or predominance of regular law as opposed to the influence of arbitrary power or wide discretionary power. It means the exclusion of the existence of arbitrariness on part of the government.

Detailed explanation-3: -In general, the rule of law implies that the creation of laws, their enforcement, and the relationships among legal rules are themselves legally regulated, so that no one-including the most highly placed official-is above the law.

Detailed explanation-4: -Examples of these general principles of law are laches, good faith, res judicata, and the impartiality of judges. International tribunals rely on these principles when they cannot find authority in other sources of international law.