Mount Zion Law College, Pathanamthitta All Questions

Question : Identify the incorrect statement given below:

Option 1: Present currency can work as money as it is a legal tender.

Option 2: Coins held by the public are limited legal tender.

Option 3: Central bank prints currency in India.

Option 4: Central banks do not deal with the general public.

Question : In which year did the East India Company cease to work and India was completely taken over by the British Government?

Option 1: 1838

Option 2: 1919

Option 3: 1858

Option 4: 1898

Question : Ratan India Ltd.’ is registered with an authorized capital of Rs. 20,00,000 divided
into 2,00,000 equity shares of Rs.10 each. The company issued 50,000 equity shares at a premium of Rs.5 per share. Rs.2 per share was payable with the application, Rs.8 per share including premium on the allotment and the balance amount on the first and final call. The issue was fully subscribed and all the amount due was received except the first and final call money on 500 shares allotted to Balla. Subscribed and not fully paid up capital is _______.

Option 1: Rs 2,500

Option 2: Rs 5,000

Option 3: Rs 7,500

Option 4: None of the above

Question : Which of the following cultural festivals of South India is associated with the folklore of King Mahabali?

Option 1: Gudi Padwa

Option 2: Ugadi

Option 3: Pongal

Option 4: Onam

Question : As a foreign tourist visited India, he noticed that indian markets, tastes, trends and regulations were different from that of his country. Which feature of business environment is reflected here?

Option 1: Uncertainity

Option 2: Dynamic 

Option 3: Relative 

Option 4: All of the above

Question : Which of the following countries agreed to work with India on a national campaign for water conservation in India as of September 2017?

Option 1: Israel

Option 2: Japan

Option 3: Russia

Option 4: Turkey

Question : Statement 1: The National Policy on Older Persons provides financial assistance to unemployed senior citizens.

Statement 2: The policy aims to improve the quality of life and social security for older persons in India.

Option 1: Both statements are true.

Option 2: Both statements are false

Option 3: Statement 1 is true, statement 2 is false.

Option 4: Statement 1 is false, statement 2 is true.

Question : What is meant when the constitution declares India a "Secular State"

Option 1: Religious worship is not allowed

Option 2: Religions are patronised by the state

Option 3: The state regards religious as a private affairs of the citizen and does not discriminate on this basis

Option 4: None of these

Question : Assertion: The Industrial Policy Resolution of 1956 aimed to promote the growth of the public sector in India.

Reason: The resolution emphasized the role of private enterprises in industrial development.

Option 1: Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
 

Option 2: Both the assertion and reason are true, but the reason is not the correct explanation of the assertion.
 

Option 3: The assertion is true, but the reason is false.

Option 4: The assertion is false, but the reason is true.

Question : The Sub-Section (C) in the list of Fundamental Duties requires an Indian citizen to uphold and protect the sovereignty, unity and ______________ of India.

Option 1: fraternity

Option 2: integrity

Option 3: harmony

Option 4: equality