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( Paper 2 in LEGAL APTITUDE AND LOGICAL REASONING-CSEET) A fascinating thing to deal with is the Rule of Tort. While not a complicated statute, it requires some knowledge of the demarcation between tort law and other wrongs. Now that we are part of the CS Executive Entrance Test (CSEET) consisting of questions of objective type/multiple choice, let us look at tort law from a similar point of view where we learn torts in a more granular form. Tort Meaning Tort – means a civil wrong. The word tort is the French equivalent of the English word wrong. The word “Tort” is derived from the Latin word “Tortum” which means twisted.   In general Tort, the meaning is a civil wrong that causes a claimant to suffer loss or harm resulting in legal liability for the person who commits the wrongful act.   Parties – There are 2 parties in a Tort   a. Plaintiff- is a person who sustains an injury or suffers loss as the result of the wrongful act. The aggrieved/injured party.   b. Tort Feasor– is a pers

Reserve Bank of India (RBI): About, History, Objectives and Functions The  Reserve Bank of India (RBI)  is the Central Bank of India, also known as Banker’s Bank. The monetary and other banking policies of the Government of India are governed by the Reserve Bank. The Reserve Bank of India (RBI) was established on 1 April 1935 under the  Reserve Bank of India Act 1934 . The Reserve Bank of India has been in Mumbai since 1937. ABOUT RBI The Reserve Bank of India is fully owned and operated by the Government of India. Introduction to the Reserve Bank the basic functions of the Reserve Bank are described as: Controls the issue of notes Ensuring monetary stability in India The monetary policy framework is being upgraded to meet financial challenges. The Reserve Bank of India is governed by a central board of directors, with a 21-member central board of directors appointed by the Government of India under the Reserve Bank of India Act. HISTORY OF RBI The Federal  Reserve Bank of India  or RB

  Company Secretary Entrance Exam 2021 Company Secretary Entrance Exam / CS Entrance Exam Test  – A major change was introduced in the curriculum of ICSI CS programme by The Institute of Company Secretaries of India (ICSI). The ICSI has introduced  CS Executive Entrance Test  (CSEET) for admission into CS Executive replacing the earlier CS Foundation programme. Now, CSEET will be a mandatory qualifying Exam for registration to Executive Programme. Students who are willing to pursue the  CS course  will first have to crack the  CSEET   exam and then only they can register into the CS Executive Programme. The main objective of such a change is to ensure students have the requisite level of aptitude and skills to become successful CS professionals. CSEET Exam Pattern The  CS Executive Entrance Exam  is based on the Objective Type/ Multiple Choice Questions and will conduct Viva Voice for Test Hearing, Written Communication, and Oral Communication Skills. The  CS Executive Entrance Exami