Maurer-Cartan form I suppose given a Lie Group ($G$) and its corresponding Lie Algebra ($\mathfrak{g}$) every element in its dual defines a Maurer-Cartan form on the whole Lie Group? 
Let $\omega \in \mathfrak{g}^*$ be a Maurer-Cartan form and let $X$ and $Y$ be two elements of $g$ then in what sense are $\omega(X)$ and $\omega(Y)$ "constant functions" on $G$ ? (such that we can write $X\omega(Y)=Y\omega(X) =0$)
Assuming the above one can immediately write the Maurer-Cartan equation, $d\omega(X,Y)= -\frac{1}{2}\omega([X,Y])$ 
Thinking of $\omega$ as Lie Algebra valued 1-form on the Lie Group and using the fact from linear algebra that $V^* \otimes W = Hom(V,W)$ one can write them as $\omega = \sum _i \omega_i \otimes B_i$ where $\omega_i$ are ordinary 1-forms on $G$ and $B_i$ are a basis on $\mathfrak{g}$. (should there be some arbitrary coefficients in front of every term in the above sum?) 
Say $c^i_{jk}$ are the structure constants of the Lie Algebra then I do not understand how the Maurer-Cartan equations can be recast as,
$$d\omega_i = -\frac{1}{2}\sum_{j,k} c^i_{jk}  \omega_j \wedge \omega_k$$
which apparently can be further recast as the equation,
$$d\omega = -\frac{1}{2} [\omega,\omega]$$
I would be happy if someone can explain how the above two forms of the Maurer-Cartan equation can be obtained knowing the first form which is more familiar form to me. 
Also finding the structure constants of a Lie Algebra is not so hard for at least the common ones. Knowing that one fully "knows" the Maurer-Cartan Equation.  Now is there any sense in which one can "solve" this to find out the Maurer-Cartan forms? (I would guess a basis might be obtainable)   
 A: The Maurer-Cartan form for matrix groups is very well explained in Santalo's book about Integral Geometry.
A: Note: As explained below, there is a clash of nomenclature between what Morita calls a Maurer--Cartan form and what Cartan introduced (which is described in the wikipedia page, say).
First of all there are two Maurer-Cartan forms: left-invariant and right-invariant.  They are one-forms with values in the Lie algebra.  If we identify the Lie algebra (=left-invariant vector fields) with the tangent space at the identity, then the left-invariant MC form $\omega$ is such that acting on a vector field $\xi$ on $G$ gives for all $g \in G$,
$$ \omega(\xi)_g = (L_g)_*^{-1} \xi_g, $$
where $L_g$ means left multiplication by $g\in G$.  There is a also a right-invariant one-form defined similarly but using right multiplication.
Now suppose that $\xi$ is a left-invariant vector field on $G$. This means that
$$\xi_g = (L_g)_* \xi_e,$$
where $\xi_e$ is the value of $\xi$ at the identity $e\in G$.  In that case,
$$\omega(\xi)_g = (L_g)_*^{-1} (L_g)_* \xi_e = \xi_e,$$
which is constant, since it does not depend on $g$.
Now, as you point out, if $X$ and $Y$ are left-invariant vector fields, then it is immediate that $\omega$ satisfies the structure equation:
$$d\omega(X,Y) = -\omega([X,Y]).$$
Now choose a basis $(e_i)$ for the Lie algebra, so that we can write $\omega = \sum_i \omega^i e_i$, where the $\omega^i$ are one-forms on $G$.  Notice that $\omega(e_i)=e_i$, whence $\omega^j(e_i) = \delta^j_i$.
Applying the structure equation to $X=e_i$ and $Y=e_j$ you see that, on the one hand,
$$d\omega(e_i,e_j)=-\omega([e_i,e_j]) = - [e_i,e_j] = - f_{ij}{}^k e_k,$$
whence
$$d\omega^k(e_i,e_j) = f_{ij}{}^k.$$
But this is precisely the result of applying
$$-\tfrac12 \sum_{i,j} f_{ij}{}^k \omega^i \wedge\omega^j$$
on $e_i$ and $e_j$, hence the identity
$$d\omega^k = -\tfrac12 \sum_{i,j} f_{ij}{}^k \omega^i \wedge\omega^j.$$
To write down explicitly the Maurer-Cartan forms, it is not hard.  You have to compute the derivative of $L_g$ in your chosen coordinates.  It is particularly easy if the group $G$ is a matrix group, in which case you have $\omega_g = g^{-1}dg$ and again you have to compute this in your favourite coordinates for $G$.

Added
I just realised that I forgot to answer the bit about the second form of the structure equation.  That equation is usually confusing at first because the notation hides the fact that $[\omega,\omega]$ also involves the wedge product of one-forms.  By definition, $[\omega,\omega]$ is the Lie-algebra valued 2-form on $G$ whose value on vector fields $X,Y$ is given by
$$[\omega,\omega](X,Y) = [\omega(X),\omega(Y)] - [\omega(Y),\omega(X)] = 2 [\omega(X),\omega(Y)].$$
If you now take $X=e_i$ and $Y=e_j$, left-invariant vector fields, you see that
$$-\tfrac12 [\omega,\omega](e_i,e_j) = -[e_i,e_j] = -\sum_k f_{ij}{}^k e_k,$$
agreeing again with $d\omega(e_i,e_j)$.

Further addition
This is in response to one of Anirbit's comments.  In Morita's book Geometry of Differential Forms, he calls any left-invariant form on $G$ a Maurer--Cartan form.  I don't think that this is standard.  For me, as my answer above, the Maurer--Cartan form is Lie algebra valued.  The two notions of Maurer--Cartan forms can of course be reconciled.  Choose a basis $(e_i)$ for $\mathfrak{g}$ and a canonical dual basis $e^i$ for $\mathfrak{g}^*$.  Let $\omega^i$ be the left-invariant one-form which agrees with $e^i$ at the identity.  Then $\omega = \sum_i \omega^i e_i$ is what I have been calling the (left-invariant) Maurer--Cartan form.
While I'm at it, let me explain the nature of my factors of $2$, since that seems also to be in dispute.  For me the wedge product is defined as follows $\alpha \wedge \beta := \alpha \otimes \beta - \beta \otimes \alpha$, without a factor of $\frac12$.
