Practice Banking Related Laws Questions and Answers

• The Certificate of Registration of central recordkeeping agency, pension fund, point of presence, etc. is issued by _______________ as per section 27 of th...
• When a property liable to be attached is subjected to execution of decree in 2 courts the court which shall realise it first shall be_________.
• Where the Court orders service by an advertisement in a newspaper, a daily newspaper circulating in the locality in which the defendant is last known to ha...
• The first meeting of the committee of creditors shall be held within seven days of the_______________
• The amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a separate account within____________________
• When the pawnor has obtained possession of the goods pledged by him under a contract voidable under section 19 or section 19A, but the contract has not bee...
• As per the Specific Relief Act what is the time period within which a suit filed under the Act shall be disposed of by the court?
• When the pawnor has obtained possession of the goods pledged by him under a contract voidable but the contract under section 19 or section 19A has not been...
• The maxim Nemo Dat Quod Non-Habet means_____________
• Contingent agreements to do or not to do anything, if an impossible event happens, are void ____________
•   A company may issue fully paid-up bonus shares to its members out of _______________
• Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office_______
• When a compromise or arrangement is proposed between a company and its creditors or its members the Tribunal on an application of _______
• Who is a corporate guarantor as per IBC?
• Every partner of a limited liability partnership is, for the purpose of the business of the limited liability partnership________
• According to the IBC the Adjudicating Authority, in relation to insolvency resolution and liquidation for corporate persons including corporate debtors and...
• If any person contravenes or attempts to contravene or abets the contravention of the provisions of the PFRDA Act, he shall be punishable with __________
• Which of the following statements are true related to the Chairperson under the PFRDA Act?
• As per the Companies Act no company limited by shares shall issue any preference shares which are______________
• In case of a property already subjected to mortgage:
• The presiding officer in an arbitral tribunal of 3 arbitrators shall be appointed by ?
• Which of the following is role of conciliator as per Arbitration and Conciliation Act, 1996?
• A seller can be liable for product liability:
• If the trustee does not want to accept the trust property he may
• Art.13 is not applicable to?
• What is the age of retirement of a Supreme Court judge?
• How many years of experience is required to become a High Court Judge in India?
• When a member is not allowed to participate in the meeting of the Board?
• Indian Taxation law is based on which of the following principle?
• Which of the following punishments can an Assistant Session Judge impose?
• Who shall preside over the meetings of the Board in the absence of the Chairman, under SEBI Act?
• Criminal conspiracy is when two or more persons agree to do, or cause to be done
• Witness to character may be
• What is the tenure for which an auditor can be appointed as per the Companies Act?
• No company limited by shares shall, after the commencement of the Companies Act, issue any preference shares which are ____________
• No dividend  shall be declared or paid by a company for any financial year except_____
• A contract entered into by a bailor and a bailee is known as ____________
• What is private document? 
• The procedure for trial before a Court of session is provided under Section ____of the code of Criminal Procedure.
• Which one of the following sections of Indian Penal Code relates with punishment for mischief?