CS Executive Economic and Commercial Laws PYQ December 2015: Question Paper and Available Answers
CS Executive
Economic and Commercial Laws
PYQS Series
December 2015
30 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Executive Economic and Commercial Laws PYQS (December 2015). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Define the term 'authorised person' under the Foreign Exchange Management Act, 1999 and state the powers of the Reserve Bank of India to issue directions to an 'authorised person'.
- What is meant by 'arbitration agreement' under the Arbitration and Conciliation Act, 1996? Should the arbitration agreement be in writing and whether jurisdiction of civil court is
- Can a 'lapsed patent' be restored? If so, state the procedure laid down for disposal of application for restoration of lapsed patent.
- What do you understand by the word 'competition' in the market? In what way does 'competition kill competition'? Discuss briefly.
- Define the term 'bill of lading' under the Indian Stamp Act, 1899.
- "No consideration, no contract; subject to certain exceptions." Explain briefly.
- Mention the activities/sectors in which foreign direct investment (FDI) is prohibited.
- Alex, a foreign diplomat desires to buy immovable property in India. Is he permitted to do so? Give reasons in brief.
- Explain the meaning of the term 'certification trade mark' under the Trade Marks Act, 1999.
- How much foreign exchange is available to a person going abroad on emigration?
- What are the classes of capital account transactions of persons resident in India?
- Registration of certain designs is prohibited under the Designs Act, 2000. Explain.
- Which organisations/individuals are specifically prohibited from receiving foreign contribution under the Foreign Contribution (Regulation) Act, 2010?
- State the procedure for making an application for renewal of certificate under the Foreign Contribution (Regulation) Act, 2010.
- Whether a registered geographical indication can be assigned or transmitted? Explain briefly.
- Pawan booked an air ticket for New York with Skyhigh airlines. At New Delhi airport, authorities found visa in order; but at Amsterdam, when his visa was checked it was found that
- What is meant by 'privity of contract'? Discuss briefly the exceptions to privity of contract.
- X and Y are husband and wife, respectively. X, by a registered document, after referring to quarrels and disagreement between himself and his wife Y, promised to pay his wife, a su
- How is the Competition Commission of India established and what is its composition? Discuss the procedure laid down for the selection of Chairperson and other members alongwith the
- Define the term 'money laundering'. How does it impact the development of a growing economy? Discuss.
- Define the term 'trust' under the Indian Trusts Act, 1882. How does it differ from a contract? Explain briefly.
- Whether 'tea' is a food stuff under the Essential Commodities Act, 1955? Does it have any nutritional value? Discuss in reference with leading case law, if any.
- Define the term 'stamp' under the Legal Metrology Act, 2009.
- Who is a 'member' of society registered under the Societies Registration Act, 1860? What are his rights and liabilities?
- Raman bequeaths certain property to Mohan, desiring him to divide the bulk of it among Kapil's children. Does this create a trust? Give reasons.
- What are the 'circumstances' under which the Central Government can assume management or control of an industrial undertaking without any investigation into circumstances or notice
- Discuss briefly the composition of National Green Tribunal under the National Green Tribunal Act, 2010.
- Define the term 'substantial question relating to environment' under the National Green Tribunal Act, 2010.
- Enumerate the documents, registration of which is optional under the provisions of the Registration Act, 1908.
- Whether taking insurance policy is compulsory by the owner of the enterprise before starting the handling of hazardous substance under the provisions of the Public Liability Insura
How to Prepare for CS Executive Economic and Commercial Laws
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