Consider the following statements regarding New Companies Act, 2013.
1. It replaced the Companies Act, 1956.
2. It has introduced concept of one person company.
3. It mandates corporate social responsibility for select class of companies.
Identify the correct statement.

What is the penalty for publishing images of a person's private parts without consent, as per IT Act 2000?

A. 5 years imprisonment or 5 lakh rupees penalty or both

B. Life imprisonment

C. 3 years imprisonment or 2 lakh rupees penalty or both

D. None of the above

When one person signifies to another his willingness to do or to abstain from doing anything with a view to obtaining the assent of that other person to such act or abstinence, he is said to make a

A. Proposal

B. Promise

C. Contract

D. None of these

What aspect of a patented product is tested by PCT?

A. Priority

B. Novelty

C. Exclusivity

D. Commercial value

The Competition Act, 2002 seeks to regulate

A. Anti-competitive agreements

B. Mergers and amalgamation

C. Unfair trade practices

D. Both A and B