Top 50+ Solved Project Appraisal and Recovery Measures MCQ Questions Answer

From 1 to 15 of 25

Q. Indian ADR system is based on the Common law system

a. False

b. True

c. none

d. none

  • b. True

Q. In a contractual arbitration the jurisdiction of courts can be completely ousted under 1996 Act.

a. No

b. yes, statutory provisions can be ousted

c. yes, it can be partially ousted

d. Yes it can be ousted, but for enforcing the award interference of court is needed

  • c. yes, it can be partially ousted

Q. Conciliation is a private, informal process in which a neutral third person helps disputing parties toreach an agreement.

a. True

b. partially true

c. true up to the extent that a neutral third person helps disputing parties to reach an agreement

d. none

  • a. True

Q. Mediation can be termed as assisted negotiation.

a. No

b. Yes

c. yes and the mediator plays the role of a facilitator in attaining cooperation between the parties to the dispute

d. none

  • c. yes and the mediator plays the role of a facilitator in attaining cooperation between the parties to the dispute

Q. Bargaining is a common feature of the negotiation process.

a. The negotiation process provides the parties an opportunity to exchange ideas, identify the irritant points of differences, find a solution, and get commitment from each other to reach an agreement.

b. Even if a third party negotiator is involved in the process of negotiation, his role would be limited to inducing the parties to the process of negotiation.

c. Mediators would have higher level of involvement in the settlement of disputes when compared to that of negotiators.

d. All are true

  • d. All are true

Q. Lok Adalats have been given the powers of a civil court under the Code Civil Procedure.

a. Yes

b. No

c. yes, but with limited jurisdiction

d. none

  • c. yes, but with limited jurisdiction
Subscribe Now

Get All Updates & News