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Key Differences

Know the Differences & Comparisons

Difference Between Unit Banking and Branch Banking

Last updated on April 23, 2018 by Surbhi S

Banking refers to a business activity in which the entity accepting deposits from the customers, safeguards it and lends it to those who need it, and earns a profit. Different countries of the world adopt different types of the banking system . Basically there are two types of banking system prevalent in most of the countries, which are unit banking and branch banking. A unit banking is a banking system in which one bank, generally a small independent bank that renders banking services to its … [Read more...]

Difference Between Product and Production Concept

Last updated on April 18, 2018 by Surbhi S

The marketing efforts of an enterprise are directed by marketing management philosophies, also called as marketing concepts, so as to gain the desired exchange outcomes. It determines the outlook of the producers. In this context, the product and production concepts are often compared and contrasted. However, the two differ in the sense that product concept states that the consumers prefer the products which are best in terms of quality. As against, if we talk about production concept … [Read more...]

Difference Between Regional Party and National Party

Last updated on April 17, 2018 by Surbhi S

Regional party implies the party whose area operation is limited and so their activities are restricted to only a few states. On the other hand, national party refers to a political party is a registered party that operates in more than four states of the country and their area of operation extends over the entire country. Political Parties plays an important role in the development of the country, as they are of different ideologies and approaches to social needs and the objectives of the … [Read more...]

Difference Between Fire Insurance and Marine Insurance

Last updated on April 13, 2018 by Surbhi S

Fire insurance is an insurance that covers the risk of fire. It covers goods or property of the insured person. On the contrary. Marine insurance is one that encompasses risks associated with the sea. The subject matter covered here, is the ship, cargo and freight. Insurance is a contractual agreement between the insurer, i.e. the insurance company and the insured, wherein the risk of loss is transferred to the insurer, when the loss occurs out of the causes indicated in the contract, on the … [Read more...]

Difference Between Unicameral and Bicameral Legislature

Last updated on December 11, 2018 by Surbhi S

The legislature is an organ of the government which is empowered to make laws and oversee the administration of the government. There are two kinds of legislatures prevalent in the world, i.e. unicameral and bicameral. The unicameral legislature is the system of the government where a single central unit has got the wholesole right to make laws and decide upon government policies. On the contrary, a bicameral legislature is one where there are two chambers of Parliament, i.e. the Upper house … [Read more...]

Difference Between Direct Democracy and Indirect Democracy

Last updated on April 9, 2018 by Surbhi S

Democracy is that form of government in which the supreme power lies in the hands of the people. In a democratic country, every citizen has one vote, that can be cast in favour or against the government policy. Further, in a democracy, the response of the citizens acts as the foundation of the government. It can be in the form of direct democracy or indirect democracy. Direct democracy refers to the system in which citizens has the right to take part in the decision making process. On the … [Read more...]

Difference Between Lokayukta and Lokpal

Last updated on March 29, 2018 by Surbhi S

Lokpal is an ombudsman appointed to work on citizens complaints and grievances regarding corruption at the central level. On the other hand, at the state level, Lokayukta is set up to take action against the corruption complaints made by the residents of the state. Corruption, in simple terms, refers to the unauthorized use of public power, typically by a public servant or by an elected politician. It is a dishonest act, which is not permitted in the eyes of law. Many countries have … [Read more...]

Difference Between Overlapping and Cross-Cutting Social Differences

Last updated on April 17, 2020 by Surbhi S

Social Differences implies a state when people are discriminated or say one class/group is given preference over the other, due to the difference in their social, economic or racial inequality. It often leads to social division, wherein the society is divided into various groups. Overlapping and cross-cutting are the two types of social differences, of which overlapping is a crucial situation as compared to cross-cutting, as it may result in the social division. The main difference between … [Read more...]

Difference Between Political Science and Politics

Last updated on March 27, 2018 by Surbhi S

Political science is a discipline that deals with the composition and function of the country's government. The term political science is often contrasted with politics which is concerned with the activities of country's governance, with the aim of achieving and using power or authority. Another crucial difference between political science and politics is that Political Science is all about politics that take place in a country. Conversely, in politics there exist various political groups of … [Read more...]

Difference Between IAS and IPS

Last updated on March 23, 2018 by Surbhi S

IAS and IPS are the two most challenging jobs in India, which not only gives power and position but has certain duties towards the nation and responsibility towards society. Indian Administrative Service (IAS) is regarded as the top-ranking civil service job offered to those candidates who top the Civil Service Examination. Next, best alternative after IAS is the Indian Police Service (IPS) which is also a dream job of many Indian citizens, but it is a technical job, which requires … [Read more...]

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