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System of Government Video Lecture | IBPS PO Prelims & Mains Preparation - Bank Exams

FAQs on System of Government Video Lecture - IBPS PO Prelims & Mains Preparation - Bank Exams

1. What is the importance of understanding the system of government for bank exams?
Ans.Understanding the system of government is crucial for bank exams as it helps candidates grasp how governmental policies and regulations affect banking operations. Knowledge of governance structures, such as the roles of various institutions and their interactions, can also aid in answering questions related to financial laws and economic policies.
2. What are the key differences between a parliamentary and a presidential system of government?
Ans.The key differences between a parliamentary and a presidential system include the following: In a parliamentary system, the executive branch derives its legitimacy from the legislature (parliament) and is accountable to it, while in a presidential system, the president is elected independently of the legislature. Additionally, in a parliamentary system, the head of government is usually a prime minister, whereas in a presidential system, it is the president.
3. How can I prepare for questions related to the system of government in bank exams?
Ans.To prepare for questions related to the system of government in bank exams, candidates should focus on studying the structure and functions of their country's government, including the constitution, major political parties, and current affairs related to governance. Utilizing study materials, practice tests, and current news articles can also enhance understanding.
4. Are there specific topics within the system of government that are frequently tested in bank exams?
Ans.Yes, specific topics that are frequently tested in bank exams include the roles and powers of different branches of government, the electoral process, significant amendments or laws, and the impact of government policies on the economy. Understanding federalism and local government structures may also be important.
5. What role does the Constitution play in the system of government relevant to bank exams?
Ans.The Constitution serves as the supreme law of the land, outlining the framework for the government, including the separation of powers, checks and balances, and individual rights. In bank exams, questions may focus on how the Constitution influences financial regulations and the operation of banking institutions within the legal framework.
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