GIC Mock Test
GIC Mock Test
GIC Mock Test
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3) which of the following grounds for setting aside of an award by the court does not find a place in
the act of 1996
a) misconduct of arbitrator
b) misconduct of proceedings
c) the award was procured improperly or was otherwise invalid
d) error of law apparent on the face of record
4) who among the following is authorized to issue regulations regarding shelf prospectus
a) central govt
b) BOD
c) Stock exchange
d) SEBI
5) Which of the following services are not provided by the auditor appointed under the provision
of companies act 2013
a) Internal audit
b) Actuarial services
c) Managerial services
d) All of the above
7) The total managerial remuneration payable by a public company to its directors and manager in
respect of any financial year shall not exceed_______ of net profit of the company for _______
a) 10% , the preceding financial year
b) 11%, preceding 3 financial year
c) 11%, the preceding financial year
d) 11% that financial year
8) The amount disgorged pursuant to a direction issued under SEBI, SCRA or depositories shall be
credited to
a) The investor protection and education fund established by SEBI
b) The investor education and protection fund established under companies act 2013
c) The CFI
d) None of these
a) Shares
b) Voting rights
c) Asset
d) Any of these
15) An anti competitive agreement shall be
a) Valid
b) Void
c) Voidable
d) unenforceable
16) any merger by reason of which the enterprise remaining after merger has in India, the assets of
the value more than______ or turnover more than ______ shall be a combination
a) 1000cr, 3000cr
b) 2000cr, 6000cr
c) 4000cr, 12000cr
d) 8000cr, 24000cr
17) _______ is not eligible for reappointment under IRDA Act 1999
a) Chairperson
b) Full time member
c) Part time member None of these
d) None of these
18) The mode of proof of custom is contained in
a) section 32(4) of Indian evidence act
b) section 32(7) of Indian evidence act
c) section 48 of Indian evidence act
d) all of these
19) The insurance advisory committee shall consist of not more than ___ member excluding ex
officio member
a) 10
b) 15
c) 20
d) 25
20) Classification of compoundable and non compoundable offences has been provided under
a) 1st schedule of crpc
b) 2nd schedule of crpc
c) Section 320 of crpc
d) Section 321 of crpc
21) Which authority is empowered under the motor vehicle act 1988 to make scheme for payment
of compensation
a) State govt.
b) Central govt
c) Motor accident claims tribunal
d) High court
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22) Which section of motor vehicle act deals with permanent disablement
a) Section 138
b) Section 139
c) Section140
d) Section 142
23) Composition of certain offences has been provided in which section of motor vehicle act
a) Section 200
b) Section 207
c) Section 203
d) Section 205
24) Which among the following has exclusive power to expand All India Services
a) The parliament
b) Lok sabha
c) Rajya sabha
d) president
25) who proposed the preamble before the drafting committee of constitution
a) Jawaharlal Nehru
b) B.R Ambedkar
c) B.N Rao
d) Mahatma Gandhi
26) Which article of the Indian Constitution talks about the audit of accounts of cooperative
societies
a) Article 243 ZA
b) Article 243 ZE
c) Article 243 ZK
d) Article 243 ZM
27) The adjudicating officer under section 46 of IT act shall exercise jurisdiction to adjudicate the
matter in which claim of loss does not exceed
a) 10 crore
b) 2 crore
c) 3 crore
d) 5 crore
28) Muslim gift deed is
a) Compulsory registrable
b) Not Compulsory registrable
c) Optionally registrable
d) Either b or c
29) Which is not an immovable under registration act
a) Hereditary allowances
b) Lights
c) Fisheries
d) None of the above
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