Question:

The first case ‘doctrine of frustration’ as decided by the Supreme Court of India is

A.

BasantiBastralaya Vs. River Steam Navigation Co. Ltd.

B.

Raju Dhruv Dev Chand Vs. Raja Harmohinder Singh

C.

Sushila Devi Vs. Hard Singh

D.

Satyabrata Ghosh Vs. Mugneeram

Answer» d. Satyabrata Ghosh Vs. Mugneeram

Question:

Which one of the following is not a contract?

A.

A find B’s purse and gives it to him. B promises to give him `1,000/-

B.

A promises, for no consideration, to give `10,000/-

C.

A agrees to sell a horse worth of `1,000/- for `10/-

D.

A supports B’s infant son. B promises to pay A’s expenses in so doing.

Answer» b. A promises, for no consideration, to give `10,000/-

Question:

Who is not eligible to get bonus?

A.

A temporary workman

B.

A dismissed employee

C.

A piece rated employee

D.

A retrenched employee.

Answer» b. A dismissed employee

Question:

Which of the following is not an unpaid seller’s right against the goods?

A.

The right of retention

B.

The right of stoppage in transit

C.

The right of seeking claim for damage

D.

The right of resale

Answer» c. The right of seeking claim for damage

Question:

Section 122 of Companies Act, 2013 provides that which of the following provisionsare not applicable to an OPC

A.

Section 100: Calling of EGM

B.

Section 101: Notice of Meeting

C.

Section 105: Proxies

D.

All of the above

Answer» d. All of the above

Question:

Public notice is not required when there is

A.

admission of new partner

B.

retirement of any partner

C.

expulsion of any partner

D.

dissolution of the firm

Answer» a. admission of new partner

Question:

The minimum ceiling on gratuity as per the Payment of Gratuity Act, 1972 is:

A.

` 5 lakhs

B.

` 10 lakhs

C.

` 15 lakhs

D.

` 20 lakhs

Answer» b. ` 10 lakhs

Question:

As per the Minimum Wages Act 1948, Adolescent means a person who hascompleted the age of 14 years but not completed the age of

A.

15

B.

14

C.

21

D.

18

Answer» d. 18

Question:

No child shall be allowed to work in a factory unless he has completed his

A.

12th year

B.

14th year

C.

16th year

D.

18th year

Answer» b. 14th year

Question:

A Formal notarial certificate attesting the dishonour of a bill or note is called

A.

Noting

B.

Protest

C.

Attestation of Dishonour

D.

Endorsement

Answer» b. Protest