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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO INDIAN LEGAL SYSTEM: SALIENT FEATURES OF THE INDIAN CONSTITUTION, FUNDAMENTAL RIGHTS, DIRECTIVE PRINCIPLES OF STATE POLICY Which of the following is not a salient feature of the Indian Constitution? a) Federalism b) Parliamentary System c) Unitary System d) Fundamental Rights Answer: c) Unitary System Fundamental Rights in the Indian […]

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAND ACQUISITION – THE RIGHT TO FAIR COMPENSATION AND TRANSPARENCY IN THE LAND ACQUISITION, THE REHABILITATION AND RESETTLEMENT ACT, 2013 What does the Land Acquisition, Rehabilitation and Resettlement Act, 2013 aim to ensure? a) Expeditious acquisition of land b) Fair compensation and transparency in land acquisition c) Acquisition of

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LICENSING OF INDUSTRIES AND REGULATION OF INDUSTRIAL ACTIVITIES UNDER VARIOUS INDUSTRIAL LICENSING LAWS Which body is responsible for the regulation of industrial licensing in India? a) Ministry of Commerce and Industry b) Ministry of Corporate Affairs c) Reserve Bank of India d) Securities and Exchange Board of India (SEBI)

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CONCEPTS OF GROSS DOMESTIC PRODUCT AND GROSS NATIONAL PRODUCT; CAPITAL FORMATION Which of the following best defines Gross Domestic Product (GDP)? a) The total value of all final goods and services produced within a country’s borders in a specific time period b) The total value of all final goods

MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO HISTORICAL COST, ACQUISITION COST, BOOK COST, WRITTEN DOWN VALUE AND NET BOOK VALUE Which of the following represents the original cost of an asset when it was first acquired? A) Historical cost B) Acquisition cost C) Book cost D) Written down value E) Net book value Answer: A) Historical