Top 250+ Solved Laws and Ethics MCQ Questions Answer
Q. Power to exempt any LLP or class of LLP for audits of accounts is with
a. Inspector
b. Central Government
c. Any other regulatory authority
d. None of the above
Q. Every inspector appointed under the Factories Act or Payment of Wages Act isdeemed to be a
a. Controlling Officer
b. Labour Welfare Officer
c. Honorary Magistrate
d. A Public Servant
Q. In case of employee covered under the ESI, the accident report shall be sent in _______ to local office of the ESI to which the company is attached.
a. Form No. 18
b. Form No. 18A
c. Form No. 25
d. Form No. 16
Q. The first case 'doctrine of frustration' as decided by the Supreme Court of India is
a. BasantiBastralaya Vs. River Steam Navigation Co. Ltd.
b. Raju Dhruv Dev Chand Vs. Raja Harmohinder Singh
c. Sushila Devi Vs. Hard Singh
d. Satyabrata Ghosh Vs. Mugneeram
Q. Application for Director Identification Number (DIN) is to be made to Central Govt. inForm
a. DIN-1
b. DIN-2
c. DIN-3
d. None of the above
Q. Business ethics is based on well accepted
a. Moral and Social Values
b. Social Values only
c. Moral Values only
d. None of the above
Q. Out of seven principles of public life, the principle of objectivity means
a. holders of public office should take decisions solely in terms of the public interest.
b. in carrying out public business including making public appointments, holders of public office should make choices on merit.
c. holders of public office are accountable for their decision and actions to the publi
d. holders of public office should be as open as possible about all the decisions and actions that they take.
Q. Who is responsible for ethical behavior?
a. Lecturers and Supervisors
b. The Psychologist
c. The Participants
d. The psychological Community
Q. The three C’s of business ethics are
a. Commitment, Contribution and Consequences
b. Compliance, Contribution and Consequences
c. Compliance, Customs and Contribution
d. Codes, Compliance and Contributions
Q. Cash is withdrawn by a customer of a bank from the automatic teller machine is an example of
a. Express Contract
b. Void Contract
c. Tacit Contract
d. Illegal Contract
Q. Which of the following is not implied condition under The Sale of Goods Act, 1930?
a. Sale by description
b. Sale by discount price
c. Sale by sample
d. Quality or fitness
Q. Examine as to which of the following payments form part of "salary" under the provisions of the Payment of Bonus Act, 1965.
a. Travelling allowance
b. Commission on sales
c. Dearness allowance
d. Overtime allowance
Q. Under Payment of wages Act, 1963, in any factory, in which 1200 persons are employed, wages must be paid
a. any time
b. before the expiry of 10th day of the following month
c. before the close of the month
d. before the expiry of 7th day of the following month