61
Which of the following section provides for 'Statement of Claim and Defence':
A)
Section 20
B)
Section 22
C)
Section 23
D)
Section 25
Answer & Solution
Answer: Option
C
62
The Arbitration and Conciliation (Amendment) Act, 2015 got the assent of the President on
A)
23rd October, 2015
B)
31st December, 2015
C)
23rd September, 2016
D)
None of the above
Answer & Solution
Answer: Option
B
63
Who can appoint the arbitrator pursuant to an Arbitration Agreement of reference of disputes to a sole arbitrator?
A)
The parties to the Arbitration Agreement or the person/body if any mentioned in the Arbitration Agreement
B)
Court or any person or institution designated by such Court
C)
Chief Justice of the High Court or the Supreme Court as the case may be
D)
Both (A) and (B)
Answer & Solution
Answer: Option
D
64
Which of the following is incorrect statement:
A)
Conciliation is a process where one party of dispute initiates and other party assents to adopt
B)
Conciliation is a method of settlement
C)
Conciliation applies to contractual dispute only
D)
None of the above
Answer & Solution
Answer: Option
C
65
Parties 'A' and 'B' have agreed on the seat of arbitration. The same
A)
Can be changed by the Arbitral Tribunal unilaterally
B)
Cannot be changed at all
C)
Can be changed by the agreement of parties
D)
Cannot be changed by the parties unless Arbitral Tribunal permits
Answer & Solution
Answer: Option
C
66
An appeal shall lie from which of the following orders to the court authorised by law to hear appeals from original decrees of the court passing the order:
A)
Granting or refusing to grant any measure under section 9
B)
Setting aside or refusing to set aside on arbitral award under section 34
C)
Only (A) is correct
D)
Both (A) and (B) are correct
Answer & Solution
Answer: Option
D
67
According to Sec 31 of the Act, an arbitral award:
A)
Shall be made in writing
B)
Shall be signed by the members of the arbitral tribunal
C)
Shall state the reasons upon which it is based
D)
All of the above
Answer & Solution
Answer: Option
D
68
The power of appointment of arbitrator in exercise of power under section 11(6) of 1996 Act by the Chief Justice or his designate is:
A)
A judicial order
B)
An administrative order
C)
An interim order
D)
None of the above
Answer & Solution
Answer: Option
B
69
Where the challenge to the arbitrator is not successful
A)
The arbitral Tribunal shall stay the proceedings giving opportunity to the party to take appropriate legal proceedings against the order
B)
The arbitral Tribunal shall continue the arbitral proceedings but shall not make an arbitral award till the disposal of proceedings, if any, initiated by the party challenging the arbitration against the said order
C)
The arbitral Tribunal shall continue the arbitral proceedings and make the award
D)
The arbitral Tribunal shall continue the proceedings only with the consent of the party who has challenged the arbitrator
Answer & Solution
Answer: Option
C
70
Under section 7, Arbitration and Conciliation Act, 1996, an arbitration agreement
A)
Shall be in writing
B)
May be oral
C)
Either in writing or oral
D)
Neither in writing nor oral
Answer & Solution
Answer: Option
A
