CS Executive Economic, Business and Commercial Laws PYQ December 2020: Question Paper and Available Answers
CS Executive
Economic, Business and Commercial Laws
PYQS Series
December 2020
39 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 2020). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- "Reserve Bank of India, being the custodian of country's foreign exchange reserves, is vested with the responsibility of managing its investments". Comment.
- Discuss the circumstances in which the Foreign Contribution (Regulation) Act, 2010 does not apply.
- Name any five permissible current account transactions made by an individual under Liberalized Remittance Scheme (LRS).
- Discuss the provisions relating to mode of acquiring immovable property outside India by a person resident in India under the Foreign Exchange Management Act, 1999 (FEMA) and Forei
- In which cases the Systematically Important Non-Deposit Taking Company and Deposit Taking Company (Reserve Bank) Directions, 2016 shall apply to the Non-Banking Financial Company.
- Explain the following instruments which Reserve Bank of India uses for implementing its monetary policy: Cash Reserve Ratio (CRR)
- Explain the following instruments which Reserve Bank of India uses for implementing its monetary policy: Statutory Liquidity Ratio (SLR)
- Explain the following instruments which Reserve Bank of India uses for implementing its monetary policy: Reverse Repo Rate (RRR)
- Explain the following instruments which Reserve Bank of India uses for implementing its monetary policy: Repo Rate (RR)
- State the obligations of an Indian person who has made direct investment outside India, under the provisions of the Foreign Exchange Management Act, 1999.
- Discuss various modes of payment allowed for receiving Foreign Direct Investment (FDI) to an Indian Company.
- Explain the procedure for raising external commercial borrowings under approval route of RBI by the borrower.
- Explain briefly scope and procedure for compounding of contravention under Foreign Exchange Management Act, 1999.
- The import and export of which is prohibited under Foreign Trade Policy and Procedure? How can those items be imported and exported?
- Discuss the categories of items which are not eligible for Merchandise Exports from India Scheme (MEIS) under the Foreign Trade Policy and Procedure.
- Discuss the transactions which are prohibited under "Liberalised Remittance Scheme".
- Discuss the functions of Authority constituted under Special Economic Zone Act, 2005.
- Describe the jurisdiction of Competition Commission of India to inquire and pass orders in respect of acts and agreement taking place outside India which are likely to have an appr
- Discuss the functions and powers of Director-General under the Competition Act, 2002.
- What are the objectives of Competition Act, 2002?
- What is predatory pricing? Explain.
- What do you understand by "Anti-Competitive Agreement" under Competition Act, 2002?
- Discuss the duties of Director General under Competition Act, 2002. If a person fails to comply without reasonable cause with a directions given by the Commission or the Director-G
- Elite Club is a club of eight Indian banks. The club covers entire Indian territory for its operations and dealings. The club covered entire India with a view of fixing rates of de
- X gives to Y property worth only ₹5,000 and adds a condition that Y should sell property for ₹75,000 and not below that amount, this condition will at once become invalid for no on
- What do you understand by "Benami Transaction" under the Benami Transactions (Prohibition) Act, 1988?
- A shopkeeper sold a packet of pre-packed chillies which does not bear the declarations required to be made by the manufacturers on pre-packaged commodities. Whether the shopkeeper
- Amit's son absconded. He sent Suresh, his servant in search of the boy. When Suresh had left, Amit, by hand bills, offered to pay ₹5,001 to anyone finding his son. Suresh found the
- Define and distinguish the terms "Confiscation and Seizure" in the context of the Essential Commodities Act, 1955.
- What do you understand by the term "Unpaid Seller"? Explain unpaid seller's right to lien.
- What do you understand by the term 'Caveat Emptor'? Enumerate its exceptions.
- Define the term "Money Laundering". What is the punishment for money laundering?
- Discuss the functions of Real Estate Agent under the Real Estate (Regulation and Development) Act, 2016.
- Describe the contracts which cannot be specifically enforced under Specific Relief Act, 1963.
- What are the duties and functions of Real Estate Regulatory Authority?
- Right conferred by section 53-A of the Transfer of Property Act, 1882 is available to defend and to protect possession but does not create any title? Comment.
- 'A', an individual, by a transaction, purchased a house in the name of his wife. Consideration of transaction was paid by 'A' out of his known sources. Government seized the house
- Enumerate the circumstances in which perpetual injunction can be granted under Specific Relief Act, 1963.
- What are essentials of promissory note?
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.