CS Executive Economic, Business and Commercial Laws PYQ June 2021: Question Paper and Available Answers
CS Executive
Economic, Business and Commercial Laws
PYQS Series
June 2021
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 (June 2021). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- In what way the Reserve Bank of India manages foreign exchange reserves as the custodian of the country's foreign exchange reserves, under the provisions of the Reserve Bank of Ind
- State the pre-requisites for compounding process in respect of contravention committed, under the Foreign Exchange Management (FEMA) Act, 1999.
- Enumerate the persons who are prohibited from accepting foreign contributions under the Foreign Contribution (Regulation) Act, 2010.
- Upto what limit an authorised dealer may release foreign exchange for business trip and medical treatment abroad, under Liberalised Remittance Scheme.
- Discuss the market operations used by the Reserve Bank of India for operationalising the monetary policy.
- Which types of complaints and trade disputes may be raised against the exporters to maintain a good image of the country in abroad to promote export?
- When and to whom an appeal may be preferred against the order of adjudication of confiscation, under the Foreign Contribution (Regulation) Act, 2010?
- Enumerate the situations in which the drawal of foreign exchange is prohibited under the Foreign Exchange Management (Current Account Transactions) Rules, 2000.
- What is meant by Special Economic Zone (SEZ)? State the purpose and salient features of the Special Economic Zones Act, 2005.
- What are the permissible sources for the funding of Overseas Direct Investment?
- Describe the remittances by persons other than the individuals which require prior approval of the Reserve Bank of India.
- State the penalties, which may be imposed on a person, who contravenes the foreign direct investment regulations.
- What is an Offshore Banking Unit ? Explain the procedure for setting up and operation of Offshore Banking Unit.
- What are the circumstances under which the Reserve Bank of India may cancel a certificate of registration granted to a non-banking financial company under the Reserve Bank of India
- Explain the concept of Cartel with reference to the Competition Act, 2002.
- State the composition to constitute the Competition Commission of India, under the Competition Act, 2002.
- Why competition in the market is essential? Explain.
- What do you understand by Vertical Agreements under the Competition Act, 2002 ? State various types of Vertical Agreements mentioned in the Competition Act, 2002.
- What are the factors to be taken into consideration by the Competition Commission of India, for determining whether an agreement has appreciable adverse effect on competition?
- On what matters the Competition Commission of India may direct for the division of an enterprise, enjoying dominant position to ensure that such enterprise or group does not abuse
- Describe the penalties which may be imposed for non-furnishing of information and for making false statement on combination under the Competition Act, 2002.
- Rishi (the insured) purchased two life insurance policies with premium payable quarterly from ABC Insurance Company (the insurer). When the fifth premium became due, the agent of i
- A contract for the sale of land has been entered into between Vishal and Akash. Akash, the transferee, has paid the price entering into possession and is willing to carry out his c
- Which information should be preserved by the banks under Prevention of Money Laundering Act, 2002?
- Which commodities have been declared as essential commodities under the Essential Commodities Act, 1955?
- Distinguish between English mortgage and Mortgage by conditional sale.
- Ms. Rubina was operated in General Hospital Nagpur, which was under control of the Government of Maharashtra, free of charge for family planning i.e. tubectomy. Subsequently, she g
- A puts M as apprentice to B, and gives a guarantee to B for his fidelity. B promises on his part that he will, at least once a month, see M make up the cash. B omits to see this do
- Explain the obligations which have been imposed upon the banks to remain cautious under the Prevention of Money Laundering Act, 2002.
- In what manner and to whom the service of notice will be served under the Benami Transactions (Prohibition) Act, 1988?
- Explain the objects and reasons for which the Real Estate (Regulation and Development) Act, 2016 has been enacted.
- A hot water bottle was bought by Shreya, who could not be expected to have special skill knowledge with regard to hot water bottles, from a chemist, who sold such articles stating
- Which project do not require registration under the Real Estate (Regulation and Development) Act, 2016?
- What are the effects of non-registration of a firm under the Partnership Act, 1932?
- When perpetual injunction may be granted under the Specific Relief Act, 1963?
- Explain the provisions regarding penalty for counterfeiting of seal specified 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.