Legal Aspects of Business MCQ Questions and Solutions with Explanations | Commerce
Legal Aspects of Business MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Legal Aspects of Business MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-9 section-1
Each section contains 100 MCQs on
Legal Aspects of Business .
As per Section 2(h) of the RTI Act, 'public authority' means that any authority or body or institution of self-government established or constituted:
1. By or under the Constitution.
2. By any other law made by Parliament.
3. By any other law made by State Legislature.
4. By notification issued or order made by the appropriate Government.
Assertion (A): Reserve Bank of India is an important regulatory and administrative authority to execute FEMA provisions. Reason (R): Being monetary authority and custodian of foreign exchange, Reserve Bank of India enjoys requisite expertise of FEMA administration.
In the context of the above two statements, which one of the following option is correct?
Which of the following are true about conditions according to the Sale of Goods Act?
1. Title
2. Description
3. Quite possession
4. Encumbrances
Choose the correct answer from the following options:
