Arbitration And Conciliation Act MCQ question and answer

1

An arbitration agreement must relate to:

A) Present dispute B) Past disputes C) Present or future disputes D) All of the above

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Answer & Solution

Answer: Option C

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2

According to Section 10(2) where the parties fail to determine the number of arbitrators, the arbitration tribunal shall consist of:

A) A sole arbitrator B) Two arbitrators C) Five arbitrators D) Seven arbitrators

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Answer & Solution

Answer: Option A

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3

Which is correct statement:

A) Institutional arbitration has its own set of rules B) Indian Council of Arbitration is the apex body C) The rules may provide for domestic or international arbitration or for both D) All of the above

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Answer & Solution

Answer: Option D

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4

In the arbitral proceedings, where a party fails to appear at an oral hearing or fails to produce documentary evidence:

A) The Tribunal has no power to continue the proceedings and to give its award B) The Tribunal shall terminate the arbitral proceedings C) The Tribunal has power to continue the proceedings and to give its award D) None of the above

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Answer & Solution

Answer: Option C

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5

An award is said to be in conflict with the 'Public Policy' of India:

A) If the award is induced or affected by fraud B) If the award is induced or affected by corruption C) Award is in violation of section 75 or 81 of the Act D) All of the above

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Answer & Solution

Answer: Option D

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6

Section 48 lays down the provision for:

A) Foreign award B) Power of judicial authority to refer parties to arbitration C) Binding effect of foreign award D) Conditions for enforcement of foreign awards

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Answer & Solution

Answer: Option D

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7

An arbitration clause contained in a deficiently stamped and compulsorily registrable document

A) Is enforcement even without deficient stamp duty being paid B) Is enforceable only it the deficient stamp duty along with the penalty, if any, is paid C) Is invalid D) Is enforceable only if the deficient stamp duty along with the penalty if any is paid and the document is registered

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Answer & Solution

Answer: Option B

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8

For condonation of delay in making an application for setting aside the arbitral award

A) Section 34 of the Act is complete in itself B) Section 5 of the Limitation Act, 1963 is applicable C) Both (A) and (B) D) Neither (A) nor (B)

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Answer & Solution

Answer: Option A

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9

Which of the Sections provide for the appointment of conciliators:

A) Section 64 B) Section 65 C) Section 66 D) Section 67

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Answer & Solution

Answer: Option A

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10

An arbitration agreement provides for arbitration under the Arbitration and Conciliation Act, 1996 by two arbitrators, one to be appointed by each party

A) The arbitration agreement is void B) The arbitration agreement is of arbitration by three arbitrators with the third arbitrator to be appointed by the court C) The arbitration agreement is of arbitration by one arbitrator, either to be appointed jointly by the two parties and if no by the court D) The arbitration agreement will be enforced as it is

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Answer & Solution

Answer: Option C

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Arbitration And Conciliation Act MCQ question and answer | Law MCQ question