Practice Banking Related Laws Questions and Answers

• 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:
• Leading questions
• Which of the following emergencies has been declared for the maximum time in India:
• The President can proclaim emergency on the written advice of the
• ‘Economic Justice’ as one of the objectives of the Indian Constitution has been provided in the:
• As per SAT(Procedure) Rules 2000, a memorandum of appeal sent by post shall be deemed to have been presented in the registry
• Which of the following is not true with respect to shareholding in a recognized stock exchange as given in Securities Contract (Stock Exchanges and Clearin...
• A recognised stock exchange and recognised clearing corporation shall maintain and preserve all the books, registers, other documents and records relating ...
• Under the Companies Act what is the extent of the Members' liability for the company's obligations in a Producer Company limited by shares?
• According to the Bhartiya Nagarik Suraksha Sanhita, what does "investigation" include________________
• What are the number of directors that the Board may appoint on the governing board of recognized stock exchange or recognized clearing corporation?
• The proceedings of the Appellate Tribunal shall be conducted in________ as per the Securities Appellate Tribunal (Procedure) Rules
• Which of the following is not included in unpublished price sensitive information?
• Which section of IT Act deals with the legal recognition of electronic records?
• The entries in the register of charges of the company shall be authenticated by_____________________ as per the Companies Act and the rules there in
• According to SEBI(DP) Regulations, 2018‘ applicant ’ means any person or persons who, acting alone or in combination with another person proposes  to ...
• __________ is a state in which a company’s liabilities are more than its assets so that is unable to repay its debts
•   __________ is a state in which a company’s liabilities are more than its assets so that is unable to repay its debts
• Who among the following has the power to declare what language shall be deemed to be commonly used in each district?
• As per the IBC Insolvency Commencement date means___________________
• What is the definition of a "foreign insurer" as per the General Insurance Business (Nationalisation) Act, 1972?