CS Executive Economic and Commercial Laws PYQ December 2020: Question Paper and Available Answers
CS Executive
Economic and Commercial Laws
PYQS Series
December 2020
33 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Executive Economic and Commercial Laws PYQS (December 2020). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- What is meant by Liberalised Remittance Scheme (LRS)? State the permissible capital account transactions which may be handled by an individual in this process, under the Foreign Ex
- State the genesis of the Trade Related Aspects of Intellectual Property Rights (TRIPS).
- Explain the general principles, which are applicable in exercising the powers conferred for working of patents and compulsory licenses, under the Patent Act, 1970.
- What is meant by money laundering? State the punishment, which may be inflicted for committing the offence of money laundering, under the Prevention of Money Laundering Act (PMLA),
- Explain the powers and functions of 'Approval Committee' constituted, under Special Economic Zones (SEZ) Act, 2005.
- Alok consigns 500 bales of jute to Aswin, who has made advance to him on such jute. Alok desires, Aswin to sell the jute and to repay himself out of the sale prices and recoup the
- Atul travelled by railway from Kanpur to Lucknow, after purchasing a ticket from the Railway Authorities. When he tried to alight at Lucknow railway station in the darkness, the tr
- Which agreement may be called as an anti-competitive agreement, under the Competition Act, 2002.
- State the various ways in which an offer lapses under the Indian Contract Act, 1872.
- When would the Arbitral Tribunal shall issue an order for the termination of Arbitral Proceedings under Arbitral and Concilliation Act, 1996.
- Which documents are compulsorily required for the export of goods, from India and for import of goods in India, under Foreign Trade Policy?
- Examine with reasons, whether the following transactions are exempted under the Indian Stamp Act, 1899 : (a) A lease is executed and got registered. A second document is executed a
- Examine with reasons, whether the following transactions are exempted under the Indian Stamp Act, 1899 : (b) A purchaser of land executes a mortgage of the land in favour of the ve
- Examine with reasons, whether the following transactions are exempted under the Indian Stamp Act, 1899 : (c) Any instrument executed by the developer or unitor in connection with c
- Examine with reasons, whether the following transactions are exempted under the Indian Stamp Act, 1899 : (d) A scheme for corporatisation or demutualisation or both of a recognised
- Examine with reasons, whether the following transactions are exempted under the Indian Stamp Act, 1899 : (e) The transfer of beneficial ownership of securities, dealt with by a dep
- State the absolute grounds for refusal of the registration of trade mark, under the Trade Marks Act, 1999.
- A person has been arrested for a cognizable and non-bailable offence, punishable for a term of imprisonment for more than three years, under the Prevention of Money Laundering Act,
- Ram promised to pay ₹ 5,000 per month to his wife Sunita. She was living in Delhi. On receiving information that she was unfaithful to him, Ram stopped payment of ₹ 5,000 to Sunita
- Avtar made an unconditional gift of property to Ashok but continued in possession of the gifted property. Having possession of the gifted property Avtar revoked the gift and transf
- State the objectives of the foreign trade policy from 2015-2020. Also explain the frame work of the foreign trade policy, regarding enhancement and promotion of the exports.
- What is meant by 'Fast Track Procedure' to resolve the dispute between the parties, under the Arbitration and Conciliation Act, 1996. State the procedure to be followed by the arbi
- To whom the appeal shall lie against the award, decision or order of the National Green Tribunal, under the National Green Tribunal Act, 2010.
- Describe the functions of the National Board for Micro, Small and Medium Enterprises under the Micro, Small and Medium Enterprises (MSME) Development Act, 2006.
- Distinguish between seizure and confiscation as stated in Essential Commodities Act, 1955.
- When a sub-registrar may refuse to register a document? Whether registration of a document may be refused, on the ground of undervaluation of stamp duty, under the Registration Act
- Explain the 'Environmental Audit' as stated under rule of 14 of Environmental Protection Rules, 1986.
- Arun bequeaths certain property to Varun, requesting him to distribute it, among such members of Sohan's family, as Varun should think most deserving. Examine the validity of the t
- Discuss the law and procedure regarding sale of the confiscated commodity and disposal of sale proceeds of confiscated goods under the Essential Commodities Act, 1955.
- Who is under an obligation to furnish the information to the State Boards, regarding emission of air pollution ? State the liability of such person, under the Air (Prevention and C
- 'A society registered, under the Societies Registration Act, 1860, is a legal entity which is capable to sue and be sued.' Analyse this statement referring to the provisions of the
- A executes a will of his all moveable and immovable property in favour of B, his grandson. He wants to register the will. Advise A regarding the presentment for its registration an
- Who is empowered to establish 'Central Advisory Council' under the Industries (Development and Registration) Act, 1951 ? State its composition also.
How to Prepare for CS Executive Economic and Commercial Laws
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.