Legal Aspects Of Business MCQ

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• Which of the following does NOT come under the definition of 'information' as per the Right to Information Act (RTI Act), 2005?
  ক

  Logbooks

  খ

  Data material held in electronic from

  গ

  File noting

  ঘ

  Circular
• Which of the following statements is not true:
  ক

  The first auditors of a company must be appointed within one month after the registration of the company

  খ

  If no auditor is appointed at the Annual General Meeting of the company, the Central Government must be so informed within 15 days

  গ

  A corporate body cannot be appointed an auditor of the company

  ঘ

  The auditor is an agent of shareholders
• Which among the following is not included in negotiable instrument?
  ক

  Cheque

  খ

  Demand Draft

  গ

  Promissiory Note

  ঘ

  Mutual Fund
• What is the maximum rate prescribed under CGST?
  ক

  12%

  খ

  20%

  গ

  28%

  ঘ

  18%
• Which one of the following is a void contract?
  ক

  Unilateral contract

  খ

  A contract which ceases to be enforceable by law

  গ

  Implied contract

  ঘ

  Express contract
• Which of the following does not fall in the ambit of the objectives of Competition Act, 2002?
  ক

  Encourage Competition

  খ

  Prevent abuse of dominant position

  গ

  Prevent monopolistic rights are arising out of intellectual property

  ঘ

  Regulate mergers and acquisitions
• Which of the following commodities is kept outside the purview of GST?
  ক

  Tobacco products

  খ

  Petroleum products

  গ

  Edible oils

  ঘ

  Insurance products