CS Executive Economic, Business and Commercial Laws PYQ December 2019: Question Paper and Available Answers
CS Executive
Economic, Business and Commercial Laws
PYQS Series
December 2019
37 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Executive Economic, Business and Commercial Laws PYQS (December 2019). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Explain the powers of the Reserve Bank of India to issue directions to an authorised person under the Foreign Exchange Management Act, 1999.
- Enumerate the powers of the Central Government to prohibit receipt of foreign contribution under the Foreign Contribution (Regulation) Act, 2010.
- Dr. Gupta, an Indian national, residing in Thailand and wanted to avail foreign exchange facility upto USD 2,00,000 only. Whether he can do so ? Explain the relevant provisions of
- State the prime functions of the Development Commissioner as incorporated in the Special Economic Zones Act, 2005.
- What are the privileges of 'Status Holders' under the Foreign Trade Policy and Procedure of India enumerated under the Foreign Trade Policy 2015-20?
- What are the regulations relating to acceptance of deposits by non-banking financial companies conferred under chapter III B of the Reserve Bank of India Act, 1934?
- What is the eligibility criteria for overseas investment by proprietorship concerns and registered trust.
- Point out the prohibited transactions under the Liberalised Remittance Scheme.
- How is the Monetary Policy Committee constituted under the Reserve Bank of India Act, 1934? What are its functions? Explain.
- Discuss the establishment and jurisdiction of Appellate Tribunal constituted under the Foreign Exchange Management Act, 1999.
- Enumerate the sectors/activities where foreign direct investment is prohibited under the Foreign Direct Investment Policy in India.
- Explain the functions and powers of Approval Committee under the Special Economic Zone Act, 2005.
- State the requirements for registration of Non-Banking Finance Company with Reserve Bank of India under the Reserve Bank of India Act, 1934.
- State the provisions regarding the penalties and punishment provided under the Foreign Contribution (Regulation) Act, 2010.
- In which circumstances collusive bidding or bid rigging may occur as per the Competition Act, 2002?
- What penalties are prescribed by the Competition Act, 2002 for contravention of orders of the Competition Commission.
- What do you mean by the term 'person' as given under the Competition Act, 2002?
- Who can appear before the Competition Commission of India ? Explain.
- State the conditions which are conducive to cartelization under the Competition Act, 2002.
- Explain the term 'Competition Advocacy'. State, whether the Central/State Government may make a reference to the Competition Commission for its opinion on possible effects of such
- Explain the procedure for investigation of combination under the Competition Act, 2002.
- A advertises in the newspaper that he will pay ₹ 1,000 to any one who brings to him his lost son. B without knowing of this reward finds A's lost son and restore him to A. Can B cl
- X draws a cheque in favour of Y, a minor, Y endorses the same in favour of Z. The cheque is dishonoured by bank on grounds of inadequate funds. What legal remedy is available to Z
- A and B are litigating in a count of law over property X and during the pendency of the suit, A transfers the property X to C. The suit ends in B's favour. Decide, who shall be ent
- A doctor purchased woollen undergarments from S, a retailer shopkeeper whose business was to sell goods of the description. But after wearing the undergarments, the doctor got deve
- Avanti, took out motor car insurance from Healthy Trip Insurance Company. A cheque was issued under a contract of insurance of motorcar by the insured for the payment of premium of
- Avanti, took out motor car insurance from Healthy Trip Insurance Company. A cheque was issued under a contract of insurance of motorcar by the insured for the payment of premium of
- Distinguish between the following: Vested and contingent interest
- Distinguish between the following: Void and illegal agreements
- Distinguish between the following: Bearer and order instrument
- Distinguish between the following: Co-ownership and partnership
- Distinguish between the following: Sale and Bailment.
- Explain the rights and duties of allotees under Real Estate (Regulation and Development) Act, 2016.
- State the provisions regarding punishment for Benami Transactions incorporated under the Benami Transaction (Prohibition) Act, 1988.
- What are the contracts which cannot be specifically enforced under the Specific Relief Act, 1963?
- What do you mean by the KYC guidelines as given under the Prevention of Money Laundering Act, 2002?
- State the penalty provisions for use of non-standard weight and measures under the Legal Metrology Act, 2009.
How to Prepare for CS Executive Economic, Business 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.