Q.1. Which of the following sections of the Indian Evidence Act deals ‘witness to character”?
(a) Section 137
(b) Section 138
(c) Section 119
(d) Section 140
Q.2. Every depository shall maintain a register and an index of beneficial owners in the manner provided in sections 150, 151 and 152 of the Companies Act, 1956 (1of 1956) is mentioned under which of the following Section of the Depository Act, 1996?
(a) Section 11
(b) Section 12
(c) Section 13
(d) Section 14
Q.3. A depository shall enter into an agreement with one or more participants as its agent. Is provided under which of the following section of the Depository Act, 1996?
(a) Section 4(1)
(b) Section 3(1)
(c) Section 3(2)
(d) Section 4(2)
Q.4. Subject to such regulations and bye-laws, as may be made on this behalf, a beneficial owner may with the previous approval of the depository create a pledge or hypothecation in respect of a security owned by him through a depository. Is mentioned under which of the following Section of the Depository Act, 1996?
(a) Section 13(1)
(b) Section 13(2)
(c) Section 12(1)
(d) Section 12(2)
Q.5. The beneficial owner shall be entitled to all the rights and benefits and be subjected to all the liabilities in respect of his securities held by a depository. Is mentioned under which of the following Section of the Depository Act, 1996?
(a) Section 10(1)
(b) Section 10(3)
(c) Section 10(2)
(d) Section 9(1)
Q.6. All securities held by a depository shall be dematerialized and shall be in a fungible from. Is mentioned under which of the following Section of the Depository Act, 1996?
(a) Section 10(1)
(b) Section 10(2)
(c) Section 9(2)
(d) Section 9(1)
Q.7. Which of the following is an exception to the doctrine of frustration?
(a) Third paragraph of Section 54 of the Indian Contract Act, 1872
(b) Third paragraph of Section 55 of the Indian Contract Act, 1872
(c) Third paragraph of Section 56 of the Indian Contract Act, 1872
(d) None of these
Q.8. A, an agent for the sale of goods, having authority to sell on credit, sells to B on credit, without making the proper and usual inquires as to the solvency of B. B at the time of such sale is insolvent.
(a) A need not make compensation to his principal in respect of any loss thereby sustained
(b) A can partially make compensation to his principal in respect of any loss thereby sustained
(c) A must make compensation to his principal in respect of any loss thereby sustained
(d) None of these
Q.9. A, an insurance broker, employed by B to effect insurance on a ship, omits to see that usual clauses are inserted in the policy. The ship is afterwards lost. As a consequence of the omission of the clauses, nothing can be recovered from the underwriters.
(a) A is not bound to make good the loss to B
(b) A is bound to partially make good the loss to B
(c) A is bound to make good the loss to B
(d) None of these
Q.10. A leading question, without the permission of the court, maybe asked during _____________?
(a) Examination-in-chief
(b) At any time
(c) Cross-examination
(d) None of the above
Answers:
1. Correct Answer: D
2. Correct Answer: A
3. Correct Answer: A
4. Correct Answer: C
5. Correct Answer: B
6. Correct Answer: D
7. Correct Answer: C
8. Correct Answer: C
9. Correct Answer: C
10. Correct Answer: C