Question76:-Which section of Banking Regulation Act, 1949, makes the maintenance of SLR mandatory
A:-Section 24
B:-Section 25
C:-Section 56
D:-Both A and C
Correct Answer:- Option-D
Question77:-Which of the following section of Banking Regulation Act deals with restrictions on loans and advances
A:-Section 17
B:-Section 18
C:-Section 19
D:-Section 20
Correct Answer:- Option-D
Question78:-Which of the following Act deals with maintenance of a percentage of assets
A:-Sec.22 of Negotiable Instrument Act, 1881
B:-Sec.24 of Banking Regulation Act, 1949
C:-Sec.22 of Companies Act, 1956
D:-None of these
Correct Answer:- Option-B
Question79:-Which of the following section of Banking Regulation Act, 1949 deals with licensing of banking companies
A:-Sec 20
B:-Sec 21
C:-Sec 22
D:-Sec 24
Correct Answer:- Option-C
Question80:-Which of the following section of Banking Regulation Act, 1949 deals with Reserve Fund?
A:-Sec 15
B:-Sec 16
C:-Sec 17
D:-Sec 18
Correct Answer:- Option-C
Question81:-Which of the following models law was used by the Indian Arbitration and Conciliation Act, 1996?
A:-Constitution of India
B:-Guidelines of Supreme Court of India
C:-European Commercial Arbitration Procedure
D:-UNCITRAL, 1985
Correct Answer:- Option-D
Question82:-Which among the following is the main objective of the Arbitration Act, 1996?
A:-to comprehensively cover international commercial arbitration
B:-to ensure that arbitral tribunal within the limits of court's jurisdiction
C:-to minimize the supervisory role of courts in the arbitral process
D:-none of the above
Correct Answer:- Option-C
Question83:-An arbitral award made under Part 1 of the Arbitration and Conciliation Act, 1996 shall be considered as a
A:-Domestic Award
B:-Foreign Award
C:-General Award
D:-International Award
Correct Answer:- Option-A
Question84:-Arbitral proceedings commence
A:-On the date on which a request for a dispute to be referred to arbitration is received by the respondent
B:-On the date when the respondent gives consent to the appointment of the arbitrator
:-On the date when the arbitrator issues notice of the parties
D:-On the date when the statement of claim and written submission of defence is made
Correct Answer:- Option-A
Question85:-Which one of the following is incorrect statement:
A:-An arbitral award is a contract
B:-An arbitral award must be in writing and signed
C:-An arbitral award includes an interim award
D:-None of the above