CBSE Questions for Class 12 Commerce Legal Studies Legal Services Quiz 2 - MCQExams.com

According to the III Schedule of FEMA, $$1999$$, gift remittance exceeding USD $$5,000$$ per beneficiary per annum requires permission of
  • The Reserve Bank of India
  • The Central Government
  • The SEBI
  • Any of the above
Match the following
List-IList-II
(a) Disinvestment$$1$$. Aims at protecting interest of the investors in securities of a listed company
(b) Encumbrance$$2$$. Direct or indirect sale of shares
(c) Takeover$$3$$. Includes Lien, pledge etc.
(d) SAST$$4$$. Purchasing all or majority of shares
  • (a)-$$2$$, (b)-$$1$$, (c)-$$4$$, (d)-$$3$$
  • (a)-$$3$$, (b)-$$2$$, (c)-$$4$$, (d)-$$1$$
  • (a)-$$2$$, (b)-$$3$$, (c)-$$4$$, (d)-$$1$$
  • (a)-$$1$$, (b)-$$4$$, (c)-$$3$$, (d)-$$2$$
The date on which the "Substantial Acquisitions of Shares and Takeovers (SAST) Regulations, $$2011$$", came into force, is
  • September $$9$$, $$2011$$
  • September $$23$$, $$2011$$
  • October $$22$$, $$2011$$
  • October $$28$$, $$2011$$
At present, the largest source of National Income in India is
  • Service Sector
  • Agriculture Sector
  • Transport Sector
  • Manufacturing Sector
At present, the number of approved share markets in India is
  • 30
  • 28
  • 26
  • 24
The 'Nodal Agency' for registration of Flls in India is
  • RBI (Reserve Bank of India)
  • SEBI (Securities and Exchange Board of India)
  • MCA (Ministry of Company Affairs)
  • IDBI (Industrial Development Bank of India)
Who is the Chairman of the National Development Council?
  • The President
  • The Vice President
  • The Prime Minister
  • The Planning Minister
The National Security Council formed in October $$1998$$ is headed by __________.
  • the Prime Minister
  • the Union Defence Minister
  • the Union Home Minister
  • the Deputy Chairman of the Planning Commission
A puisne judge of a High Court is ____________.
  • a judge other than a Chief Justice
  • the Chief justice
  • a temporary judge
  • a retired judge
What does Obiter dictrum  mean?
  • A remark in the passing, that is, something said by a judge while giving judgement that was not essential to the decision in the case
  • It is a part of ratio decline of the case and therefore creates binding precedent.
  • These are the valid observations
  • None of the above
Which of the following is related to the institution of Ombudsman (or Lokpal)?
  • It redresses public grievances.
  • It is a creation of the Parliament/State Legislature.
  • It does not come under the Executive's control.
  • All the above.
The members of the Union Public Service Commission are ____________.
  • appointed by the President
  • appointed by the Council of Ministers
  • elected by the people
  • elected by the Parliament
Who headed the new Commission on Centre-State relations appointmed by the Government of India in April 2007?
  • M.M.Punchhi
  • M. Veerappa Moily
  • K.C. Pant
  • N.R. Madhav Menon
Who was the first Chairman of the Planning Commission?
  • Jawaharlal Nehru
  • Gulzari Lal Nanda
  • K C Neogy
  • Shriman Narayanan
Lok Adalat is a mechanism for ___________.
  • avoiding litigation
  • dispensing speedy justice
  • reducing speedy justice
  • correcting the administration
Where is the National Judicial Academy located?
  • Kolkata
  • Bhopal
  • Delhi
  • Mumbai
In India, new All India Services can be created __________.
  • through an amendment to the Constitution
  • by the Prime Minister
  • by the Parliament
  • by the President on the advice of the Union Council of Ministers
Which of the following has been wrongly listed as a recommendation of the Sarkaria Commission?
  • It favoured formation of intergovernment council consisting of the Prime Minister and Chief Minister of the states.
  • It favoured liberal use of Article $$356$$ of the Constitution in the interest of unity and integrity of the country.
  • It turned down the demand for the abolition of the office of the country
  • If favoured implementation of the three-languages formula in the interest of unity and intergrity of the country.
Which one of the following is/are all-India services?
I. Indian Administrative Service
II. Indian Foreign Service
III. Indian Police Service
IV. Indian Defence Service.
  • I and II
  • I ,II and III
  • II, III and IV
  • I, II, III and IV
The Sarkaria Commission was appointed ___________________.
  • to find a solution to the Punjab crisis.
  • to examine Centre-State relations.
  • to resolve dispute over sharing of Cauvery waters.
  • to examine the working of the public sector undertakings.
Members of the UPSC hold office ___________.
  • during the pleasure of the President
  • as long as they enjoy the confidence of Parliament
  • till they attain the age of $$70$$ years
  • for a term of six years or till they attain the age of $$65$$ years
The highest body which approves the Five-Year Plan in India?
  • Parliament
  • Planning Commission
  • National Development Council
  • Union Cabinet
The Chairman of Tehelka Enquiry Commission is
  • Justice Kirpal
  • Justice S. N. Phukan
  • Justice Saharia
  • Justice Liberhan
Which of the following machineries is most likely to be effective in solving inter-state disputes?
  • Central Council of Health and local self-government.
  • Finance Commission and Planning Commission.
  • Zonal councils and meetings between ministers and chief ministers of states.
  • Inter-state council, as recommended by the Administrative Reforms Commission.
The constitution of India envisages three types of services ______________.
  • Navy, Air Force and Army
  • Civil, Military and Paramilitary
  • All India Services, Central Services and State Services
  • None of the above
The Union Public Service Commission, which is concerned with the recruitment of civil services at the Centre __________________.
  • was created through a presidential ordinance in $$1950$$
  • was created by an executive resolution which was duly endorsed by the Parliament
  • was provided in the constitution
  • was provided under the Indian Independance Act, $$1947$$
The UPSC can be assigned additional duties on the recommendation of ______________________.
  • the Union Home Minister
  • the Parliament
  • the Council of Ministers
  • the President
Members of the UPSC hold office ______________________.
  • during the pleasure of the President
  • as long as they enjoy the confidence of the Parliament
  • till they attain the age of $$70$$ years
  • for a term of $$6$$ years or till they attain the age of $$65$$ years
At present, the UPSC consists of a chairman and _________________.
  • seven other Members
  • eight other Members
  • nine other Members
  • unspecified number of Members
Which of the following is a leading recommendation of the Sarkaria Commission?
  • Abolition of All India Services.
  • Activation of zonal councils.
  • Drastic changes in the present division of functions between the finance commission and the Planning Commission.
  • Abolition of zonal councils
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