ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Government is involved in settling business disagreements through the use of
A
force.
B
negotiation.
C
fines.
D
courts.
Explanation: 

Detailed explanation-1: -Dispute Resolution: The judicial system provides a mechanism for resolving disputes between citizens, between citizens and the government, between two state governments and between the centre and state governments.

Detailed explanation-2: -The Supreme Court acts as an umpire in case of disputes arising between different levels of the government in the exercise of their respective powers of dual objectives. If there is any disputes between the Centre and the State government, Supreme Court plays very important role as middle man to resolve that disputes.

Detailed explanation-3: -Judiciary is an important organ of the government. The Supreme Court of India is in fact, one of the very powerful courts in the world. Right from 1950 the judiciary has played an important role in interpreting and in protecting the Constitution.

There is 1 question to complete.