Practice Some Law Questions for CA Intermediate (4 May 2024 Exam)

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Que. A company shall execute a deposit trust deed at least days before-

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(a) 7 (b) 14 (c) 21 (d) 28 Checkout Last Page for Answer

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Que. 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 Checkout Last Page for Answer

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Que. 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 Checkout Last Page for Answer

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Que.  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 Checkout Last Page for Answer

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Que. 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) Checkout Last Page for Answer

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Que. 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 Checkout Last Page for Answer

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Que.  A negotiable instrument drawn in favor of a minor is- (a) Void

(a) Void (b) Void but enforceable (c) Valid (d) None of the above  Checkout Last Page for Answer

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Que. 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 Checkout Last Page for Answer

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Answer Key (1) Ans. A (2) Ans. C (3) Ans. D (4) Ans. B (5) Ans. D (6) Ans. B (7) Ans. C (8) Ans. D

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