Authority example sentences

In all democracies, an assembly of elected representatives exercises supreme political authority on behalf of the people.These highway projects are being implemented by the National Highway Authority of India (NHAI).They also have to prepare the financial statements at the end of each accounting period (usually a financial year) and ascertain their income and expenditure and the financial position, and submit them to the statutory authority called Registrar of Societies.The importer then proceeds to obtain the import licence, if required, from the office of the Directorate General Foreign Trade (DGFT) or Regional Import Export Licensing Authority.A body of persons having authority to initiate major policies, make decisions and implement them on the basis of the Constitution and laws of the country.A system of rules that takes effect when a military authority takes control of the normal administration of justice.RBI is the independent authority for conducting monetary policy in the best interests of the economy – it increases or decreases the supply of high powered money in the economy and creates incentives or disincentives for the commercial banks to give loans or credits to investors.Several battles were fought by Guru Gobind Singh against the Rajput and Mughal rulers, both before and after the institution of the Khalsa in 169 After his death in 1708, the Khalsa rose in revolt against the Mughal authority under Banda Bahadur's leadership, declared their sovereign rule by striking coins in the name of Guru Nanak and Guru Gobind Singh, and established their own administration between the Sutlej and the Jamuna.Authority gradually increases commands from lesser to greater levels and initial obedience binds the followers for commitment.Here management must determine what activities and outputs are critical to success, how and where they can be measured and who should have the authority to take corrective action.It issues loans to commercial banks in a similar fashion We are now ready to explain the mechanism of money creation by the monetary authority, RBI.After receiving necessary charges, the port authority issues the release order.Depending upon the size of activities and level of business operation, it can be a sole-proprietory concern, partnership firm, cooperative society, company, local authority, municipal corporation or any other association of persons.In addition to enacting laws, legislatures have authority to raise taxes and adopt the budget and other money bills.In a modern economy money consists mainly of currency notes and coins issued by the monetary authority of the country.