Q. What is the minimum percentage of affected families that need to give their prior consent for acquiring land for private companies as per the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013?
1) 75%
2) 80%
3) 90%
4) 100%
Q. Within what period from the date of publication of the declaration, if no award is made, the entire proceedings for the acquisition of land shall lapse as per the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013?
1) 6 months
2) 12 months
3) 18 months
4) 24 months
Q. In the light of the Negotiable Instruments Act, of 1881, at what rate interest will be charged if the rate of interest is not mentioned on the negotiable instruments?
1) 6% per annum
2) 10% per annum
3) 18% per annum
4) 20% per annum
Q. Which of the following is not a negotiable instrument as per the Negotiable Instruments Act, of 1881?
1) Promissory note
2) Hundi
3) Bill of exchange
4) Cheque
Q. Which of the following is the time limit given under Section 17 of the Transfer of Property Act, of 1882?
1) Life of the transferee
2) A period of 18 years from the date of transfer
3) Either (A) or (B) whichever is longer
4) Neither (A) nor (B)
Q. What is the default interest payable under Section 63A of the Transfer of Property Act, 1882?
1) 6% per annum
2) 8% per annum
3) 9% per annum
4) No default rate prescribed
Q. A stipulation in a bond for payment of compound interest on failure to pay simple interest at the same rate as was payable upon the principal is not a penalty within the meaning of which of the following provisions of the Indian Contract Act, 1872?
1) Section 73
2) Section 74
3) Section 75
4) Section 76
Q. Which of the following injunction can be granted only by the decree made at the hearing and upon the merit of the suit?
1) Temporary injunction
2) Perpetual injunction
3) Mandatory injunction
4) Prohibitory injunction
Q. Which of the following is not a fraud as per the Indian Contract Act, of 1872?
1) A promise made without the intention of performing it
2) An active concealment of a fact by one having knowledge of the fact
3) Mere silence if not duty-bound to speak
4) Any act or omission law specifically declares to be fraudulent
Q. Income is defined under which of the following provisions of the Income Tax Act, of 1961?
1) Section 2(31)
2) Section 2 (24)
3) Section 2 (9)
4) Section 3
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