Legal Aspects of Business MCQ Questions and Solutions with Explanations | Commerce

A. 5

B. 10

C. 2

D. 8

A. 20

B. 50

C. 200

D. Unlimited

A. The RBI Act, 1934

B. The Banking Regulation Act, 1949

C. Information Technology Act, 2000

D. All of the above

A. Electronics Act, 1996

B. Right to Data Act, 1998

C. DGFT Act, 1999

D. Information Technology Act, 2000

A. GST is like a last point retail tax, it is going to be collected at point of sale

B. GST will abolish all the direct tax levied in India

C. It is implemented from 1^st July, 2017 throughout the country

D. It will unified the tax structure in India

A. Within a year of its registration

B. Before the statutory meeting

C. At the time of first annual general meeting

D. Any time in consultation with the Institute of Chartered Accountants of India

A. Acceptance

B. Mutual Acceptance

C. Written Acceptance

D. Reciprocal Promise

A. One year

B. Two years

C. Five years

D. Depends on legal jurisdiction and patentable product

A. Work belonging to the public as a whole

B. Work that people know about

C. Work that is in public

D. All of the above

A. rights in personam

B. rights in rem

C. only rights and no obligations

D. only obligations and no rights