questions a. misrepresentation · 2019-03-31 · c. undue influence d. coercion 2. as per the...

QUESTIONS

1. If in a contract if a party is in a position to dominate the will of the other party and uses such position

to obtain an unfair advantage over the other party, then the same is known as

a. Misrepresentation

b. Mistakec. Undue influence

d. Coercion

2. As per the provisions of the Indian Contract Act, 1872, the suggestion as a fact of that which is not

true by one who does not believe it to be true is known as _

a. Misrepresentation

b. Mistake

c. fraud

d. Coercion

3. As per the provisions of the Indian Contract Act, 1872, the active concealment of a fact by one

having the knowledge or belief of the fact is known as

a. Misrepresentation

b. Mistakec. Coercion

d. Fraud

4. For a bank guara~e to be eligibie to get the protection of an exception from agreements in restraint

of legal proceedings, the specified perjod of S:uchbank guarantee shall be at least year(s).'4~~

a. 1 year

b. 2 yearsc. 3 years

d. 5 years

5. For a transaction in respect of horse racing to be get the legal immunity of an exception with respect

of wagers, the minimum amount shall be and upwards.

a. 10,000b. 5,000c. 1,000d. 500

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6. In case of a contract of guarantee, the person who gives the guarantee is called _

a. Guarantor Ib. Suretyc. . Guarantee provider

d. None of the above

7. Which of the following categories of persons do not have a general lien on the goods bailed to them?

a. Bankers

b. Factorsc. Wharfingers

d. None of the above

8. Which of the following is included in the definition of "immovable property"?

a. Growing crops

b. Standing timberc. Grass ~d. None ofthe above

9. If the terms of the transfer of property direct that the income arising from the property shall be

accumulated either wholly or in part for a period longer than , then such direction shall

be void after the end of the said period.

a. 1 year

b. 2 years t"c. 5 years :j

d. 18 years.....~

10. The price at which a contract of lease is executed is known as _

a. Consideration

b. Rent

c. Premium

d. Token

11. In case of lease, the money, share, service or other things to be so rendered is called _

a. Consideration

b. Rent

c. Premium

d. Token

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,12. What is the power of Rajya Sabha regarding Money Bills?

a. It can amend it.

b. It can reject it.c. It can withhold the Bill for 14 days to make recommendations.

d. It has no power regarding Money Bills.

13. Which of the following is contained in the Concurrent List?

a. Forests

b. Educationc. Police

d. Agriculture

14. The Vice-President of India is elected by

a. the people directly.

b. the members of Lok Sabha and Rajya Sabha.

c. the members of Rajya Sabha only.

d. the members of Lok Sabha, Rajya Sabha and State Legislatures.

15. Which of the following is not included in the Fundamental Rights of the Constitution of India?

a. Right of Property.

b. Right to Freedom of Religion.

c. Right to Vote in all Elections.

d. Right to FrJI!~Om of Speech and Expression ../16. The word 'secular' denotes ",.'

a. keeping away from all religions.

b. freedom of religion and worship to all citizens.

c. belief in one God.

d. practising different religions.

17. The 44th Amendment to the Constitution speaks of the

a. Right to Property as no longer a Fundamental Right.

b. Suspension of individual liberty during Emergency.

c. barring the courts from interfering in the disputes regarding the election of Prime Minister,,d. giving more importance to Directive Principles over Fundamental Rights.

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18. A candidate to become a member of Lok Sabha should not be below

a. 21 years.

b. 25 years.

c. 30 years.

d. 35 years.

19. The Directive Principles of the State Policy are contained in

a. Part I of the Constitution.

b. Part 11 of the Constitution.

c. Part III of the Constitution.

d. Part IV of the Constitution.

20. Which amendment to the Constitution gave primacy to the Directive Principles over the

Fundamental Rights?

a. ss" amendment

b. ss" amendment ~c. 40th amendment

d. 42nd amendment

21. By which amendment to the Constitution, the Fundamental Duties of the citizens were specified?

a. ss"b. 40th

42nd iC. '"d. 44th•••••••••.. .J

22. The President of India is elected by the

a. LokSabha

b. Rajya Sabha

c. The elected representatives of Lok Sabha and Rajya Sabha and State Legislative Assemblies.

d. People directly

23. When a Money Bill is passed by the Parliament, the President has the power to .

a. amend it.

b. reject it.

c. keep it with him.

d. return it for reconsideration.

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24. Which one of the following is part ofthe Preamble ofthe Constitution of India?

a. We, the people of India, having solemnly resolved to constitute India into a Sovereign, Socialist,

Secular, Democratic Republic ... do hereby adopt, enact and give to ourselves this Constitution.

b. We, the members of the Parliament, .... do hereby adopt, enact and give to ourselves this

Constitution.

c. We, the members of Constituent Assembly, .... do hereby adopt, enact and give to ourselves this

Constitution.

d. None of the above.

25. "The basic structure of the Indian Constitution cannot be changed". In which case, the Supreme

Court of India gave this verdict?

a. Golak Nath case.

b. Minerva Mill case.

c. Keshavnanda Bharathi case.

d. None of the above.

26. In a Parliamentary System of Government

a. the Parliament is responsible to the Executive.

b. the Parliament is responsible to the Judiciary.

c. the Executive is responsible to the Parliament.

d. the Judiciary is responsible to the Parliament.

27. The Constitution of India recognises,

a. only religious minorities."<.'

b. only linguistic minorities.c. religious and linguistic minorities.

d. religious, linguistic and ethnic minorities.

28. Right to property is a right.

a. Fundamental

b. Statutory.c. Constitutional.

d. human.

29. Which of the following is not a requirement of a contract?

a. Competent Parties.

b. Free consent.

c. Legal Object.

d. Adequate Consideration.

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30. Performance of contract is one of the methods to

a. create a new contract.

b. set-aside a contract.

e. make a contract void.

d. discharge a contract.

31. In case of a , the duty is one imposed by the law and is owed to the community at

large.

a. contingent contract.

b. cecile agreement.

e. Government tender.

d. tort.

32. As per section 36 of the Insolvency and Bankruptcy Code, 2016, the liquidator shall hold the

liquidation estate _

a. as an agent of debtor.

b. as an agent of committee of creditors.

e. as a fiduciary for the benefit of all the creditors.

d. as a fiduciary for the benefit of all the stakeholders.

33. Section 231 (2) of the Companies Act, 2013, empowers a tribunal to -', if it is satisfied

that the compromise sanctioned under section 230 cannot be implemented satisfactorily, and the

company is unable to pay its debts as per the scheme.I,

a. wind up the company.b. restructure the debt. ....'

c. call for rearrangement.

d. replace the management.

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34. As per the Transfer of Property Act, 1882, immovable property includes _

a. furniture.

b. growing crops.e. grass.

d. things permanently fastened to anything attached to the earth.

35. Where, on a transfer of property, an interest therein is created in favour of a person to take effect

only on the happening of a specified event, such interest is called _

a. simple interest.

b. diminishing interest.c. vested interest.

d. contingent interest.

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36. A mortgage is a transfer of an interest in a specific immovable property for the purpose of securing

a. the payment of money advanced by way of loanb. fully paid up debts.

c. Transfer of ownership of property.

d. Transfer of rights to sublease.

37. A gives Rs.5,00,000/- to B on condition that he shall marry A's daughter C. At the date of transfer, Cwas dead. The transfer is void _

a. It is forbidden by the law.

b. Court regards it as immoral or opposed to public policy.c. It is impossible to fulfill the condition.d. It is immoral transfer.

38. The Hindu Succession Act, 1956 does not apply to _

a. a follower of Arya Samaj.

b. a sikh by religion.

c. a child both of whose parents are Jains by religion.

d. a person who is a convert to Christian.

39. Which of the following items cannot be transferred under Inheritance/Succession laws in India?

a. Personal movable propertyb. Jewellery tc. Property not owned by self

d. Personal belongings ,,-.' <,'.

40. Which of the following is not a requirement of a contract?

a. Free consent of the parties.

b. Lawful consideration.c. Lawful object.

d. a written agreement.

41. Which of the following agreements is not void?

a. Agreement in restraint of marriage.

b. Agreement in restraint oftrade.

c. Agreement in restraint of legal proceedings.

d. Agreement caused by undue influence.

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42. A contract in which one person promises to compensate the other for the loss suffered by him, due

to the conduct of the promisor or of any other person, is known as:

a. Contract of indemnity.

b. Contract of guarantee.

c. Quasi-contract.

d. Contingent contract.

43. Under the Transfer of Property Act, 1882, the expression 'registered' pertains to

a. Registration of property

b. Registration of documents

c. Registration of parties

d. Registration of charges

44. A contract for present sale of future goods under the sale of Goods Act, 1930 operated as a/an

a. Contract of sale.

b. Agreement to sell.c. estoppel.

d. Quasi contract of sale.

45. If any part of the agreement is unlawful, then

a. The whole contract is void

b. That part only will be voidablel

c. The contract'I\Will be enforceable by law:;

d. Discretionary with different conditions."".J

46. Where mortgaged property is a lease, and the mortgagee obtains a renewal of the lease, then upon

redemption, the mortgagor

a. Shall not be entitled to be benefits of new leases.

b. Shall have the benefits of the new lease as per the agreement.

c. Shall have the benefits of the new lease.

d. None of the above.

47. The provisions relating to the actionable claims are not applicable to

a. Stocks

b. Shares or debentures

c. Negotiable Instruments.

d. All of the above.

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48. Where both parties are under mistake as to matter of fact, the agreement will be:

a. void

b. voidable at the option of any of the party

c. valid and enforceable

d. None of the above.

49. A receiver can be removed In case of a contract of guarantee, the person to whom the guarantee isgiven is called _

a. Guarantor

b. Surety

c. No effect on the enforceability of the contract

d. Differs from situation to situation.

50. A received can be removed by?

a. Mortgagor.

b. Mortgagee.c. Court

d. All of the above.

51. In case of reciprocal promises in an agreement, if one party is prevented from completing his part,

then the same will become:

a. void

b. voidabl~ the option ofthe party so prevented

c. No effect on the enforceability ofthe contract

d. Differs from situation to situation.

52. In case of fraud or misrepresentation made by the agent, it will have the same effect like if the same

has been committed by the principle. Under which circumstance the same is not applicable.

a. In all the cases, the principle will be liable.

b. If the agent works beyond his authority.

c. The principle is never liable.

d. The Agent is never liable.

53. Who may sue for redemption?

a. Any person (other than the mortgagee of the interest sought to be redeemed) who has any

interest in, or charge upon, the property mortgaged or in or upon the right to redeem the same;

b. Any surety for the payment of the mortgage-debt or any part thereof; or

c. Any creditor of the mortgagor who has in a suit for the administration of his estate obtained a

decree for sale of the mortgaged property.

d. All of the above.

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54. In case of auction sale, if the seller makes pretended bidding then what will be the effect of such ~

pretended bidding

a. No effect, the sale will be normal sale.

b. Sale is void.

c. Sale is voidable at the option of the buyer.

d. None of the above.

55. If an agreement is not certain, then the same will be

a. Void.

b. Voidable at the option of one party.

c. Valid and enforceable.

d. None of the above.

56. A mortgagee may spend such money

a. For the preservation of the mortgaged property from destruction, forfeiture or sale.

b. For supporting the mortgagor's title to the property.

c. For making his own title thereto good against the mortgagor.

d. All of the above.

57. Under the contract of bailment, the person delivering the goods is called and the

person to whom they are being delivered is called _

a. Consignor, Consignee.

b. Bailor, Bail~

c. Drawer, Drawee.

d. None of the above.... '

58. A transfer of property where an interest is created in favour of a person without specifying the time,

when it is to take effect is known as

a. Vested interest. .

b. Contingent interest.

c. Perpetual interest.

d. None of the above.

59. An easement can be transferred apart from the dominant heritage.

a. Always.

b. Not possible.

c. Only under certain circumstances.

d. None of the above.

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