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Forwarded from ExamGround (Aman Agarwal)
# Article 256

The executive power of the Union shall extend to the giving of such directions to a State as may appear to the Government of India to be necessary for that purpose.

# Article 257

 The executive power of the Union shall also extend to the giving of directions to a State as to the construction and maintenance of means of communication declared in the direction to be of national or military importance:


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Forwarded from ExamGround (Aman Agarwal)
New Development Bank

* It is a multilateral development bank operated by the BRICS states(Brazil, Russia, India, China and South Africa).

* It was established in 2014, at the 6th BRICS Summit at Fortaleza, Brazil.

* The bank is set up to foster greater financial and development cooperation among the five emerging markets.

* The bank’s primary focus of lending will be infrastructure projects.

* The bank headquarters located in Shanghai, China.

* Unlike the World Bank, which assigns votes based on capital share, in the New Development Bank each participant country will be assigned one vote, and none of the countries will have veto power.


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