The preamble to the RTI Act, states that transparency of information is vital to
A. eradicate corruption
B. contain corruption
C. promote corruption
D. measure corruption
Select an option to see the answer and solution.
Which of the following companies can adopt Table A in place of Articles of Association?
A. Private Limited Companies
B. Public Limited Companies
C. Companies Limited by Guarantee
D. Unlimited Companies
Select an option to see the answer and solution.
The companies which are formed under special charter granted by the king or queen of England, are called
A. statutory companies
B. registered companies
C. chartered companies
D. None of these
Select an option to see the answer and solution.
Private key is used to
A. sign digitally
B. verify the sign
C. verify the documents
D. make payments
Select an option to see the answer and solution.
Which of the following kind/s can be termed as the 'specific kind/s of contract'?
A. Contracts of Indemnity and Guarantee
B. Contracts of bailment and pledge
C. Contracts of Agency
D. All of the above
Select an option to see the answer and solution.
Which section of RTI Act deals with 'exemption from disclosures of information'?
A. Section 7
B. Section 8
C. Section 9
D. Section 11
Select an option to see the answer and solution.
Which of the following warranties are created when a seller or lessor affirms that the goods he or she is selling or leasing meet certain standards of quality, description, performance, or condition?
A. Executory
B. Executed
C. Express
D. Implied
Select an option to see the answer and solution.
According to Section 13, negotiable instrument means
A. promissory note
B. bill of exchange
C. cheque
D. All of these
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A contract is
A. agreement + offer
B. agreement + consideration
C. agreement + enforceable by law
D. None of the above
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"The RTI Act, 2005 stipulates that a public authority should transfer an RTI application or a part thereof to another public authority, if the application or a part of it pertains to information."
A. Held by another public authority
B. The subject matter of which is more closely connected with the functions of another public authority
C. Both A and B
D. Neither A nor B
Select an option to see the answer and solution.
A private company cannot be converted into a public company by:
A. Default
B. Operation of law
C. Choice
D. Demand of public
Select an option to see the answer and solution.
As per the Competition Act, 2002, what is the tenure of the chairman of the CCI?
A. 2 years
B. 3 years
C. 4 years
D. 5 years
Select an option to see the answer and solution.
Which of the following are true about an inquiry carried out by an Information Commission?
1. It may examine any record to which the RTI Act, 2005 applies.
2. No such record can be withheld from it (irrespective of any provision of any act passed by the Parliament or the State Legislature).
3. Information commission has the powers of a Civil Court trying a suit under the code of civil procedure.
Choose the correct answer
A. Both 1 and 2
B. Both 1 and 3
C. Both 2 and 3
D. All of the above
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Who elects the board of directors of a public company?
A. Government
B. Equity shareholder
C. Debenture holder
D. Customer
Select an option to see the answer and solution.
A company which acquires all or majority of equity shares of other companies is a:
A. Subsidiary company
B. Holding company
C. Private company
D. Government company
Select an option to see the answer and solution.
When a company deals in excess of the rights granted by its Memorandum of Association, then it is called
A. Under authority
B. Ultra virus
C. Lien
D. With necessary changes
Select an option to see the answer and solution.
Which term refers to a company in which that other company has a significant influence?
A. Subsidiary company
B. Branch office
C. Associate company
D. Holding company
Select an option to see the answer and solution.
Where a contract consists of reciprocal promises and such reciprocal promises are to be simultaneously performed:
A. Promisor need not perform his part of promise at all
B. Promisor need not perform his part of promise unless promise is ready and willing to perform his reciprocal promise
C. Promisor has to compel promise to perform his promise first
D. There is no valid contract at all
Select an option to see the answer and solution.
E-records and digital signatures are used to
A. filling of any form in government
B. issue of grant
C. making payment
D. All of the above
Select an option to see the answer and solution.
Ordinary resolution is required for:
A. Alternation of authorized capital of the company
B. Changes the registered office of the company
C. Reduce the share capital of the company
D. Alter the objectives clause of memorandum of association
Select an option to see the answer and solution.