11
Section 81 of the Act lays down the provision for:
A)
Admissibility of evidence in other proceedings
B)
Role of conciliator in other proceedings
C)
Power of the High Court to make rules
D)
None of the above
Answer & Solution
Answer: Option
A
12
An application for setting aside an arbitral award can be made:
A)
Within one month from the date on which the party making application had received the arbitral award
B)
Within two months from the date of award
C)
Within three months from the date on which the party making application had received the arbitral award
D)
Within twelve months from the date of award
Answer & Solution
Answer: Option
C
13
Which of the following section provides for the setting aside of an arbitral award:
A)
Section 32
B)
Section 33
C)
Section 34
D)
Section 35
Answer & Solution
Answer: Option
C
14
A 'party' within the meaning of section 2, Arbitration & Conciliation Act, 1996 means
A)
Party to the contract
B)
Party to the arbitration agreement
C)
Party to the suit/proceedings
D)
Either (A) or (B) or (C)
Answer & Solution
Answer: Option
B
15
The provision of section 8, Arbitration and Conciliation Act, 1996 are
A)
Pre-emptory
B)
Directory
C)
Discretionary
D)
Optional
Answer & Solution
Answer: Option
A
16
Under section 11, Arbitration and Conciliation Act, the arbitrator has to be appointed
A)
Within 30 days of the arbitration agreement
B)
Within 30 days of arising of the dispute
C)
Within 30 days of failure to resolve the dispute of their own
D)
Within 30 days from the receipt of request for appointment of arbitrator from the other party
Answer & Solution
Answer: Option
D
17
According section 7(1) an Arbitration Agreement means:
A)
An agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship whether contractual or not
B)
An agreement by the parties to not to submit to the courts of law all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship whether contractual or not
C)
An agreement by the parties to submit to arbitration disputes which have arisen out of contractual relationship
D)
None of the above
Answer & Solution
Answer: Option
A
18
The Arbitration and Conciliation Act, 1996 has replaced the
A)
Arbitration Act, 1940
B)
Arbitration (Protocol and Convention) Act, 1937
C)
Foreign Awards (Recognitions and Enforcement) Act, 1961
D)
All of the above
Answer & Solution
Answer: Option
D
19
The party applying for the enforcement of a foreign award shall, at any time of the application, produce before the court-
A)
The original award or a copy thereof, duly authenticated in the manner required by law of the country in which it was made
B)
The original agreement for arbitration or a duly certified copy thereof
C)
Such evidence as may be necessary to prove that the award is a foreign award
D)
All the above
Answer & Solution
Answer: Option
D
20
Section 39 deals with:
A)
Costs of arbitration
B)
Fees for the arbitrators
C)
Unpaid costs of arbitration
D)
None of the above
Answer & Solution
Answer: Option
C
