Discuss India's Role as a Functioning Democracy

question 40

Essay

Discuss India's role as a functioning democracy.Why did India remain democratic when so many of its neighbors underwent revolutions or were brought down by military coups? Who were the important leaders? Why would democracy be such a challenge in a country like India?

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Definitions:

Average Accounting Return

A measure used to evaluate the profitability of an investment, calculated as the average annual profit divided by the initial investment cost.

Payback Period

The length of time it takes for an investment to recover its initial outlay of cash, through income or savings.

Profitability Index

A calculation that determines the relationship between the costs and benefits of a proposed project through a ratio derived from present value of future cash flows divided by initial investment.

Net Present Value

An analysis that assesses the worth of a project or investment by comparing all incoming and outgoing cash flows against a discount rate.