Practice Banking Related Laws Questions and Answers

• Which of the following is not covered under goods as per Consumer Protection Act 2019?
• All agreements are not contract if it is________________
• Which of the following is an exception to the concept that agreements by way of wager are void?
• As laid down under the Customs Tariff Act, the rates at which duties of customs shall be levied under the Customs Act, 1962 shall be__________
• The Customs Tariff Act came into force on______________
• When did the Customs Tariff Act came into force?
• The rates at which duties of customs shall be levied under the Customs Act, 1962 are specified in the __________________ of the Customs Tariff Act.
• Which of the following is not true about a decree?
• Res-Judicata is incorporated under which provision of CPC?
• In order to apply the doctrine of Res-Judicata, which of the following is “former suit”?
• A suit is duly instituted if filed as per ____ of CPC:
• In case of a female defendant after her marriage_______________.
• When there are several defendants, service of summons shall be made _____________.
• Before a suit is instituted against the Government a notice has to be issued to the government as per which section of CPC?
• A Civil Court has power to issue Commissions for?
• As per S.5 of the Indian Evidence Act, 1872 evidence can be given of the_________.
• Who are not competent to Contract as per the Contract Act?           
• Every agreement of which the object or consideration is unlawful is_____________
• Which section of the Contract Ac delas with the provisions of effect of neglect of promisee to afford promisor reasonable facilities for performance?
• Law of Limitation is based on the maxim-
• According to the Exim Bank the directors and the members of a Committee shall be paid such fees and allowances as may be prescribed for_____
• As laid down under the Exim Bank Act the Central Government may advance to the Exim Bank a loan of _______________ at a rate of interest of five and a quar...
• Deposit made towards duty, interest, penalty, fee or any other sum payable by a person under the provisions of the Customs Act shall be credited to the ___...
• What are the conditions on the basis of which the proper officer may make an order permitting clearance of the goods for home consumption as provided under...
• As per section 76 of the Customs Act the drawback shall not be allowed__________________
• __________ is a state in which a company’s liabilities are more than its assets so that is unable to repay its debts
• Corporate insolvency resolution process shall mandatorily be completed within a period of ___________________ from the insolvency commencement date, includ...
• The National Company Law Tribunal shall consist of ____________ as the Central Government may deem necessary
• The Principal Bench of the Tribunal shall be at New Delhi which shall be presided over by the ________________Companies Act
• "According to Companies Act till" when shall the President and every other Member of the Tribunal shall hold office from the date on which he enters upon h...
• The Central Government specified ______________as the minimum amount of default for the matters relating to the pre-packaged insolvency resolution process ...
• Which is correct statement with respect to Liquidation Estate?
• Under the Contract Act the promise in a contract of indemnity, acting within the scope of his authority, is entitled to recover from the promisor________
• A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other per...
• When principal may revoke agent's authority as per the Contract Act?
• As per section 4 of the Customs Tariff Act who has the power to make rules for determining if any article is the produce or manufacture of any preferential...
• The safeguard measures applied under section 8B of the Customs Tariff Act shall, unless revoked earlier, cease to have effect __________
• A person arrested cannot be detained for:
• Session trials are?
• Code of Civil Procedure 1908 is a: