Kerala PSC Previous Years Question Paper & Answer

Title : LAW OFFICER (PART I / PART II) KERALA STATE CO OPERATIVE BANK LTD
Question Code : A

Page:8


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LAW OFFICER (PART I / PART II) KERALA STATE CO OPERATIVE BANK LTD' And exam conducted in the year 2019. And Question paper code was '031/2019/OL'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.

page: 8 out of 11
Excerpt of Question Code: 031/2019/OL

B:-There must be a default in repayment of secured debt or instalment thereof
C:-The account must be classified as Non-Performing Asset
D:-The security interest must be a least Rs.20,000
Correct Answer:- Option-D
Question67:-Which of the following does not fall under financial asset as per the SARFAESI Act:
A:-mortgage, charge, hypothecation or pledge of movable property
B:-Any right or interest in the security, whether full or part underlying such debt or receivables
C:-Any financial assistance
D:-Prepaid expenses undertaken with respect to a movable or immovable property
Correct Answer:- Option-D
Question68:-What can a secured creditor do if his dues are not fully satisfied with the sale proceeds of the secured asset:
A:-He cannot take further action. He has to satisfy his claims with the amount received after selling the secure asset
B:-He can proceed against the debtor by filing an ap| tion before Debt Recovery Tribunal
C:-He can proceed against the debtor by filing an application before the High Court
D:-He cannot take further action unless the debtor agrees to the payment of the remainder amount
Correct Answer:- Option-B
Question69:-What is the time limit within which any person aggrieved by any measure taken by secured creditors can file an
application to the Debt Recovery Tribunal:
- in 15 days from the date on which such measure had been taken
30 days from the date on which such measure had been taken
C:-Within 45 days from the date on which such measure had been taken
D:-Within 60 days from the date on which such measure had been taken
Correct Answer:- Option-C
Question70:-Which court shall try offences punishable under the SARFAESI Act:
A:-A Court not inferior to that of Metropolitan Magistrate or a Judicial Magistrate of Second Class
B:-A Court not inferior to that of High Court
C:-A Court not inferior to that of Metropolitan Magistrate or a Judicial Magistrate of First Class
D:-A Court not inferior to that of Principal Junior Civil jJudge or a Judicial Magistrate of First Class
Correct Answer:- Option-C
Question71:-The Limitation Act, 1963 applies to
A:-the whole of India except the State of Jammu and Kashmir
B:-the whole of India including the State of Jammu and Kashmir
C:-the whole of India except the North- Eastern States of India
D:-the whole of India except the State of Jammu and Kashmir and the North- Eastern States of India
Correct Answer:- Option-A
Question72:-Under section 2(1) Limitation Act suit includes
A:-appeal
B:-application
C:-plaint
D:-none of the above
Correct Answer:- Option-C
Question73:-Section 6 of Limitation Act does not apply to

Correct Answer:- Option-A
Question74:-Section 15 of Limitation Act excludes from computation of limitation
A:-A period of notice
B:-time taken in granting previous consent
C:-time taken 17 grant of sanction
D:-all the above
Correct Answer:- Option-D
Question75:-Under section 25 of Limitation Act the easement rights are acquired by continuous & uninterrupted user
A:-for 12 years
B:-for 20 years
C:-for 30 years
D:-for 3 years
Correct Answer:- Option-B

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LAW OFFICER (PART I / PART II) KERALA STATE CO OPERATIVE BANK LTD : Video