Question
Under Section 50 (summons, production of documents):
1. Director, Additional Director, Joint Director, Deputy Director or Assistant Director may summon any person. 2. They have the powers of a civil court such as enforcing attendance and compelling production of records. 3. Statements recorded under this section are not admissible as evidence. 4. Summoned person is bound to state the truth.Solution
Section 50(2)–(4) empowers officers with civil court powers and binds the person to truth. Statement 3 is wrong: statements are admissible and can be used during trial.
Which of the following substances is insoluble in water?
According to the 2017 India State of Forest Report, which state has the largest forest cover?
Issuance of which of the following does not bring any additional capital to the company?
India and Vietnam held their first joint military exercise 'VINBAX' in:
Of which of the following who was the first ever industrialist to get the Bharat Ratna?
How many districts of India is recognised as Aspirational District?
ROE (Return on Equity) is calculated by dividing PAT (Profit after Tax) by Common Shareholders’ Equity
Which of the following statements is correct?
A. RBI conducts repo once in a week
B. Repo or repurchase option is an un-collateralized lending
Where are the Kanheri Caves located?
Karthigai Deepam is a traditional festival of which of the following states?