CS Executive Economic, Business and Commercial Laws PYQ December 2022: Question Paper and Available Answers
CS Executive
Economic, Business and Commercial Laws
PYQS Series
December 2022
36 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 2022). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- "The Reserve Bank of India acts as the banker to the Governments". Elaborate.
- Elucidate the provisions regarding the management of foreign contribution of person whose certificate has been cancelled or surrendered.
- "Section 3(1) of the Foreign Contribution (Regulation) Act (FCRA), 2010 deals with prohibition to receive foreign contribution". Discuss.
- What documents are to be submitted by a person resident in India for transfer of shares, to a person resident outside India by way of gift.
- What do you understand by foreign hospitality? List the categories of persons who require prior approval from the Ministry of Home Affairs before accepting Foreign Hospitality?
- Foreign Trade Policy envisages, "Export should not merely be a function of marketable surplus but should also reflect an enhancement of economic capacity and development". Explain
- Under what circumstances certificate of registration of non-banking financial institutions in India can be cancelled by Reserve Bank of India (RBI) under RBI Act, 1934?
- How the approval committee is constituted under the Special Economic Zone Act, 2005?
- Elaborate the objectives of Foreign Trade Policy (FTP) (2015-2020) of India.
- Discuss the powers of the Reserve Bank of India (RBI) in respect of 'Group Companies', under the RBI Act, 1934.
- Discuss adjudication of confiscation and procedure thereof, under the Foreign Contribution (Regulation) Act, 2010.
- Discuss Overall Scheme of Foreign Exchange Management Act, 1999.
- Describe the conditions which do not require fresh approval of the Government for bringing in further foreign investment in a business entity, under Foreign Direct Investment (FDI)
- What are the provisions relating to Acquisition/Sale of Foreign Securities by Resident Individual in India.
- Define the terms "tie-in agreement" and "exclusive supply agreement" under the Competition Act, 2002.
- Why do we need competition in the Market?
- What are the conditions that are conducive to cartelization?
- Discuss 'Competition Law and Policy' under the Competition Act, 2002.
- Define 'Refusal to deal' under Competition Act, 2002.
- Discuss briefly, the establishment, composition and term of office of chairperson and other members of Competition Commission of India.
- State the factors, which are taken into account by the Competition Commission to determine whether the combination would have the effect of or is likely to have a appreciable adver
- Srajan, a minor fraudulently overstates his age and takes delivery of a motor car after executing a promissory note in favour of the trader for its price. Give your suggestion to t
- 'A' and 'B' buys 100 bales of cotton, which they agree to sell for their Joint Account with a term that each party sharing profits and bearing losses equally. In the above Case 'A'
- Ramesh purchased a tractor from Mahi Limited for tilling the land but he used it during idle time for transportation of agricultural produce on hire. Some defects were developed in
- 'A' was going out of station so he kept his goods with 'B'. Later on 'B' without consent of 'A' mixed his goods with A's goods and the mixture cannot be separated. In the light of
- What is crossing of a cheque?
- Discuss 'Culpable Mental State' under the Essential Commodities Act, 1955.
- Under what circumstances perpetual injunction can be granted under the Specific Relief Act, 1963?
- "Every non-standard weights and measures used in the course of trade is liable to be forfeited". Examine.
- Elaborate the concept of 'Appropriate Government' as stated in section 2(g) of the Real Estate (Regulation and Development) Act, 2016.
- State the provisions regarding prohibition and punishment for 'Benami Transactions' given under the Benami Transactions (Prohibition) Act, 1988.
- Distinguish between Seizure and confiscation.
- Distinguish between Temporary and perpetual injunctions.
- Distinguish between Carpet area and common area.
- Distinguish between Submortgage and puisne mortgage.
- Distinguish between Fraud and Innocent Misrepresentation.
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.