What is the penalty for publishing images of a person's private parts without consent, as per IT Act 2000?
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
Select an option to see the answer and solution.
When one person signifies to another his willingness to do or to abstain from doing anything with a view to obtaining the assent of that other person to such act or abstinence, he is said to make a
A. Proposal
B. Promise
C. Contract
D. None of these
Select an option to see the answer and solution.
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
Select an option to see the answer and solution.
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
Select an option to see the answer and solution.
Articles of Association of a Company can be altered by passing
A. An ordinary resolution
B. Resolution with a specific notice
C. A special resolution
D. None of the above
Select an option to see the answer and solution.
The term 'Turquand Rule' is related to
A. Doctrine of internal management
B. Principle of caveat emptor
C. Concept of management by exception
D. Principle of constructtive notice
Select an option to see the answer and solution.
A sub-agent is a person employed by and acting under the control of:
A. The principal only
B. The original agent in the business of agency only
C. Both the principal and original agent only
D. Neither the Principal nor the original agent
Select an option to see the answer and solution.
Who is not required to hold statutory meeting
A. A sole trader
B. A partnership firm
C. A co-operative society
D. All of the above
Select an option to see the answer and solution.
Which of the following statements is not true about the types of GST?
A. CGST: It is the tax collected by the Central Government on an intra-state sale (a transaction happening within Punjab)
B. SGST: It is the tax collected by the state government on an intra-state sale (a transaction happening within Maharashtra)
C. IGST: It is a tax collected by the Central Government for an inter-state sale (Maharashtra to Tamil Gujarat)
D. All of the above statements are true
Select an option to see the answer and solution.
A company secretary under Companies Act, 1956 is appointed by:
A. Shareholders
B. Managing Director
C. Board of Directors
D. Registrar of Companies
Select an option to see the answer and solution.
Integrated GST is applicable on:
A. Interstate Supply only
B. Interstate supply and Imports
C. Exports
D. Intrastate sales
Select an option to see the answer and solution.
Which of the following statement is/are correct about the Central Information Commission?
1. Post of Central Information Commission is derived from the RTI Act, 2005.
2. Chief Information Commission and other commissioners can hold office for the period of 3 years.
3. On the advice of Supreme Court, the President can remove the Chief Information Commission and other commissioners.
A. Only 1 and 3
B. Only 3
C. Only 1 and 2
D. Only 1
Select an option to see the answer and solution.
Which of the following descriptions are correct?
1. Two competent parties - Sections 11 and 12
2. Valid acceptance - Sections 4 to 7
3. Lawful consideration - Sections 2(d) and 25
4. Free and voluntary consent - Sections 15 and 19A
A. 2 and 4 only
B. 1 and 4 only
C. 2, 3 and 4
D. 1, 2, 3 and 4
Select an option to see the answer and solution.
Where the provisions of the companies Act are violated the auditor must report the same to the:
A. Board of Directors
B. Managing Director
C. Shareholders
D. Central Government
Select an option to see the answer and solution.
The indemnity holder is not entitled to:
A. All damages which he may be compelled to pay in any suit in respect of any matter to which the promise applies
B. All costs that he may be compelled to bear in defending any such suit
C. All sums that he may have paid under the terms of any compromise of such suit
D. Damages for liability incurred which is not absolute
Select an option to see the answer and solution.
What percentage of income from compensation on disaster is exempted from tax liability?
Select an option to see the answer and solution.
If a person who is incapable of entering into a contract is supplied with necessaries by another person, then the latter shall:
A. Be reimbursed for such supplies by a relative of the incapable person and that relative must be capable of contracting
B. Be reimbursed for such supplies from the property of such incapable person
C. Not entitled to be reimbursed at all
D. None of the above
Select an option to see the answer and solution.
A negotiable instrument may be dishonoured
A. By non-acceptance
B. By non-payment
C. Both A and B
D. Neither A nor B
Select an option to see the answer and solution.
Match
List-I with
List-II and select the correct answer:
List-I
List-II
a. Unpaid seller
1. Section 45
b. Right of lien
2. Section 47
c. Right of stoppage in transit
3. Section 50
d. Right of resale
4. Section 54
A. a-1, b-2, c-3, d-4
B. a-4, b-3, c-2, d-1
C. a-2, b-3, c-4, d-1
D. a-4, b-1, c-3, d-2
Select an option to see the answer and solution.
A owes Rs. 10,000 to B under a contract. It is agreed between A, B and C that B shall henceforth accept C as his debtor instead of A for the same amount. Old debt of A is discharged and a new debt from C to B is contracted. This is
A. Alteration of contract
B. Rescission of contract
C. Novation of contract
D. Charge in contract
Select an option to see the answer and solution.