Which one is not the objective of introduction of IBC 2016 ?
Anonymous Quiz
20%
avoding destruction of value
42%
hold promoters personally liable for default that they control
8%
improve handling of conflicts b/w debtor and creditor
30%
clear allocation of losses during downtime
what is not covered under difinition of Financial debt under IBC 2016 ?
Anonymous Quiz
14%
interest on unsecured debentures
33%
market value of derivative taken to hedge foreign currency fluctuations of ECB
19%
Amount raised from allottee of an apartment under real estate
34%
receivable assigned to bank on without recourse basis
Which of the foll. are not factors of determining relevant product market under Competition Act,02 ?
Anonymous Quiz
34%
existence of specialised producers
24%
market structure and size of market
16%
consumer preference
26%
actual end user of products
what is not covered under Reciprocal arrangements entered by CG with contracting state under PMLA, 2002 ?
Anonymous Quiz
8%
enforcement of provision of Act
22%
prevention of offence in India under corresponding PMLa law in force in other country
66%
exchange the history of offender on annual basis
4%
exchange of information to prevent offence
Punishment under PMLA, 2002
Anonymous Quiz
13%
1 year to 7 year and fine
75%
3 year to 7 year and fine
5%
1 year to 10 year and fine
8%
3 year to 7 year or fine
Which of the statement is correct as per FEMA,1999 under Schedule 1 in relation to withdrawl of Foreign exchange ?
Anonymous Quiz
6%
commission on export under Ruppee state credit route is allowed
69%
commssion on export under Ruppee state credit route is prohibited except 10% invoice of tea/coffee
15%
commission on export under Ruppee state credit route upto $250000 is allowed
9%
None of the above
Tourist comes to India for visiting Rishikesh and stays more than 182 days.
Anonymous Quiz
23%
Will be PRI
71%
Will be PROI
2%
Will be OCI
5%
None of the above
Residential Status under FEMA, 1999
Anonymous Quiz
51%
For a particular Year
30%
For a particular date
17%
For a particular time
2%
For a citizenship
Limit under LRS of $250,000 in Schedule 1 is for ?
Anonymous Quiz
80%
Individual
4%
Other than Individual
14%
Individual and Other than Individual
3%
Individual or Company
Who is considered as Resident but not permanent Resident in India under FEMA,1999 ?
Anonymous Quiz
8%
PROI on visit to India
22%
PRI for a job where duration does not exceed 3 years
31%
PROI for a job where duration does not exceed 3 yeats
39%
PRI whose intention not to stay in India
Compounding of offence possible in case of ?
Anonymous Quiz
33%
Imprisonment and Penalty
43%
Imprisonment or Penalty
14%
Only Imprisonment
10%
None of the above
Once the benami property acquired have been identified. Which authority has power to confiscate the property ?
Anonymous Quiz
23%
Initiating Officer
9%
Administrator
16%
Approving Authority
52%
Adjudicating Authority
Which of these are not common practices scheme of Money Laundering ?
Anonymous Quiz
8%
bribery and corruption
10%
false declarations under Custom Act
32%
usage of false trade mark/copyrights
50%
possession of foreign currency over and above limit
Which of the following is not duties of CCI under Competition Act,02 ?
Anonymous Quiz
5%
to promote and sustain competition
4%
to protect interest of consumer
43%
to ensure freedom of trade by Indian Supplier in Global market
49%
None of the above
Operate independently of competitive forces prevailing in the maket is ?
Anonymous Quiz
50%
Abuse of Dominance
15%
Anti Competitive agreements
9%
Combinations Regulation
26%
Competition Advocay
Liquidation process under IBC will not be initiated under which circumstances ?
Anonymous Quiz
13%
COC do not approve Resolution plan
12%
NCLT rejects the Resolution plan
55%
COC resolve to liquidate with 51%
20%
Debtor contranvens the approved resolution plan
What is agenda of first meeting of COC under IBC 2016 ?
Anonymous Quiz
9%
prepration of draft resolution plan
3%
discuss the status of CIRP
7%
collection of information from Interim Resolution professional
82%
appointment of IRP as RP or appointment of another RP
Application in relation to combination to be filed within how many days to DG?
Anonymous Quiz
66%
within 30 days
13%
within 45 days
15%
within 60 days
6%
None of the above
Which transaction does not fall under Capital account transaction as per fema ?
Anonymous Quiz
9%
transaction that alter assets and liabilties of NR in India
20%
transaction that alter assets and liab. (including contingent liab.) of Residents outside India
42%
transaction relating to t/f of security by branch in India of a Co. Resident outside India
28%
transaction that alters assets and liab. (including Cont. Liab.) of NR in India
Builder is planning to develop project in different phases then he is required to obtain registration under RERA, 2016
Anonymous Quiz
7%
only once for all phases
89%
for each phase separately
3%
as and when project commences registration
0%
None of the above