Question
Consider the following statements about removal of High
Court Judge: 1. The details of process of impeachment of high court judge is given in constitution 2. The grounds for removal of a judge of the High court can be proved misbehaviour, incapacity or violation of constitution. Which of the statements given above is/are correct?Solution
• Statement 1 is incorrect: The Constitution does not contain detailed provision to remove judges of the High Court. It is followed as per the provision of Judicial Inquiry Act, 1968. • Statement 2 is incorrect: The Constitution provides for grounds to remove judges of the High court which are proved misbehaviour or incapacity. Violation of the Constitution is not grounds for removal of a judge of higher Judiciary.
Which of the following is an example of transaction in money under GST laws
A bill of exchange drawn on 15th March for 2 months will mature on:
The person in whose Favor a bill is endorsed is called:
The term 'Days of Grace' in relation to a bill of exchange refers to:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
Mr. Arvind drew a bill of exchange of ₹1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
Which accounting standard governs the treatment of inventories in India?
The party who is entitled to receive the payment of a bill of exchange is called the: