Question
Which of the following is/are qualifications of an
arbitrator?Solution
As per the Eighth schedule of the 2019 Amendment to Arbitration & Conciliation Act the necessary qualification of an arbitrator are- An arbitrator shall be a person of general reputation of fairness, integrity and capable of applying objectivity in settlement of disputes. An arbitrator must be impartial and neutral and avoid entering into any financial business or other relationship that is likely to affect impartiality or might reasonably create an appearance of partiality or bias amongst the parties, An arbitrator should avoid any potential conflicts and the arbitrator should be capable of suggesting, recommeding or writing a reasoned and enforceable arbitral award in any dispute which comes before him for adjudication.
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented...
Which of the following statements about Prompt Corrective Action is/are True?
I-Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Prompt Corrective Action F...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...