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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...

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 B...

CSEET 2021 Exam Application Form: Applicants who are eligible for the application form can apply online through the official website  https://www.icsi.edu/ . Below are the steps for  CS Executive Entrance Test  (CSEET) registration: Step 1:  To register for CSEET, type www.icsi.edu in any recommended browser (IE 9, Mozilla 38.0 and above, Chrome 39.0), and then “Online Services” Step 2:  Click on the link https://smash.icsi.in/Scripts/CSEET/Instructions_CSEET.aspx to register for CSEET. Step 3:  Fill Basic Details Step 4:  Fill the eligibility details Step 5:  Fee Details Step 6:  Upload the mandatory documents Step 7:  Preview after previewing the application, click the “Confirm Application” button. Step 8:  Select payment mode Step 9:  Transaction ID Generation. Note the transaction ID for future reference.   Takshila Learning  combines the video lessons and the online lectures to come with perfect material which ma...