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Which one of the following is the correct sequence of various stages of operating cycle of a manufacturing company?  1. Raw material conversion period, work-in-progress conversion period, Finished goods conversion period, Receivables conversion period 2. Raw material conversion period, work-in-progress conversion period, Creditors payment period, Receivables conversion period 3. Creditor payment period. Raw material conversion period, Receivables conversion period, work-in- progress conversion period 4. Raw material conversion period, Finished goods conversion period, work-in- progress conversion period. Receivables conversion period 
Assertion (A): Where any special or local law prescribes for any suit appeal or application a period of limitation different from period prescribed by the Schedule, the provisions of Section 3 of Limitation Act, 1963 shall apply as if such period were the period prescribed by the schedule.
Reason (R): Where a Special Law prescribes a period of limitation for filing appeal but there is no provision therefore under Limitation Act, 1963, the period of limitation provided under the Special Law must be treated to be different from that under the Limitation Act.
Where the trust property consists of money and cannot be applied immediately or at an early date to the purposes of the trust, the trustee is bound (subject to any direction contained in the instrument of trust) to invest the money on the specified securities and on no others. Which Section of the Indian Trusts Act, 1882 contains this provision?
In which of the following case, the court has held that limitation period as provided in the Limitation Act, 1963 would extend seven years by virtue of Section 39 of the Limitation Act, since a period of 30 years. Thus making Limitation period for redemption of Mortgage as 37 years
What is the limitation period for suits for which limitation period has not been specified in the schedule of the Limitation Act?
In the following question, the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/passage is split into four parts and named P, Q, R and S. These four parts are not given in the proper order. Read the sentence/passage and find out which of the four combinations is correct. S1. The Pension Fund Regulatory and Development Authority (PFRDA) expects to begin the process for separating NPS Trust from itself in the next financial year as roping in a consultant for the process takes time. P. The Trust was established by the PFRDA for taking care of the assets and funds under the NPS.  Q. Steps will be taken to separate it from the authority with appropriate organisational structure to maintain an arm’s length relationship of the Trust with the PFRDA. R.The proposal to separate the two job roles has been under consideration for the last few years.  S. In the Union Budget for 2019-20, the government had proposed to separate the Trust from the pension regulator in order to address issues of conflict of interest. S6. So far, it is being taken as an extended arm of the PFRDA but in effect, it is one of the intermediaries.
The period of limitations mentioned in Schedule of the Act for a suit relating to accounts, contracts, declarations, decrees, suits relating to movable property, etc. is . . . . . . . .
7 TV shows – Sherlock, Suits, Empire, Friends, Scandal, White Collar and Power are telecasted from January to July but not necessarily in the same order. Empire is telecasted in the middle most month. Friends is telecasted at the end. Suits is telecasted exactly in between White Collar and Sherlock. Power is telecasted between Scandal and Friends. Sherlock is telecasted immediately before Empire. During which month is Suits telecasted?
Which of the following is/are correct statements about the Port Trusts in India?
1. A port trust is created by an Act of state legislatures
2. Each port trust has an status of a Urban body such as Municipalities for providing civic amenities.
Select the correct option:
The period of limitation for suits relating to immovable property for foreclosure by a mortgagee is: