Practice Some Law Questions for CA Intermediate
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Q1. A company shall execute a deposit trust deed at least days before-
(a) 7 (b) 14 (c) 21 (d) 28
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Q2. Auditor can hold security in company upto Rs.
(a) Rs. 1,00,000 (b) Rs. 5,00,000 (c) Cannot hold even a single security (d) Rs. 10,000
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Q3. Amount to be transferred to reserves out of profits before any declaration of dividend is-
(a) 5% (b) 7.5% (c) 10% (d) at the discretion of the company
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Q4. If the goods of the bailor gets mixed up with the like goods of the bailee by the-
(a) Bailor (b) Bailee (c) The third party (d) Bailor & bailee in proportion of their share of goods
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Q5. According to the General Clauses Act, 1897 Official Gazette shall mean-
(a) The Gazette of India (b) The Gazette of a State (c) (a)and (b) (d) (a) or (b)
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Q6. The General Clauses Act is one of the oldest Acts, came into force on -
(a) 01st April, 1897 (b) 11th March, 1897 (c) 11th March, 1887 (d) 01st April, 1868
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Q7. A negotiable instrument drawn in favor of a minor is-
(a) Void (b) Void but enforceable (c) Valid (d) None of the above
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Q8. A company can re-open/ recast its book of accounts on an application to Tribunal-
(a) Registrar (b) Member (c) Board of Directors (d) Income –tax authorities
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Answer Key
Q1- A Q2- C Q3- D Q4- B Q5- D Q6- B Q7- C Q8- D
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