7 most essential Role of Political Parties in the Modern State. Importance of Political parties in a modern constitutional state cannot be overemphasized, the working of entire governmental machinery depends upon them.
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The British Parliament is commonly acknowledged to be the "Mother of Parliaments". It has also been the best model of a system where the Opposition is officially recognised as His (or Her) Majesty's Opposition.
The parties to a negotiable instrument (bill of exchange, promissory note and a cheque)are discussed in detail…