Legal Aspects Of Business - Practice Test

[#391] When President assent was obtained for central GST?

(A) 18 th April, 2017

(B) 22 nd April, 2017

(C) 5 th April, 2017

(D) 12 th April, 2017

Correct Answer

(D) 12 th April, 2017

[#392] What are the taxes levied on an intra-state supply?

(A) CGST

(B) SGST

(C) IGST

(D) CGST and IGST

Correct Answer

(D) CGST and IGST

[#393] A person who has been granted a license to issue a Digital Signature Certificate, is

(A) controller

(B) certifying authority

(C) licensed authority

(D) director general

Correct Answer

(B) certifying authority

[#394] A company can be wound up:

(A) Voluntarily

(B) By the order of the court

(C) Under the supervision of the court

(D) By all the above methods

Correct Answer

(D) By all the above methods

[#395] If a Minor draw, indorse, deliver and negotiate Negotiable Instruments, it binds:

(A) all the parties except minor

(B) all the parties including minor

(C) minor and only drawer

(D) minor and the drawee

(E) Minor and the drawee

(F) All the parties except minor

(G) All the parties including minor

(H) Minor only

Correct Answer

(A) all the parties except minor
(F) All the parties except minor

Legal Aspects Of Business - Study Mode

[#391] When President assent was obtained for central GST?

Correct Answer

[#392] What are the taxes levied on an intra-state supply?

Correct Answer

[#393] A person who has been granted a license to issue a Digital Signature Certificate, is

Correct Answer

[#394] A company can be wound up:

Correct Answer

[#395] If a Minor draw, indorse, deliver and negotiate Negotiable Instruments, it binds:

Correct Answer