statutory law is to legislative bodies as common law is to -General Knowledge

statutory law is to legislative bodies as common law is to -General Knowledge
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Which of the following statements are correct about the National Advisory Council (NAC) ? 1. The National Advisory Council is a statutory body. 2. It is headed by the Prime Minister of India. 3. It facilitates constant interaction with the leaders of civil society. 4. It provides policy and legislative inputs to the Government of India. Select the correct answer from the code given below : Codes : (A) 1, 2 and 3 (B) 2, 3 and 4 (C) 1, 3 and 4 (D) 3 and 4

Description : Which of the following statements are correct about the National Advisory Council (NAC) ? 1. The National Advisory Council is a statutory body. 2. It is headed by the Prime Minister of India. 3. It facilitates constant interaction with the ... 1, 2 and 3 (B) 2, 3 and 4 (C) 1, 3 and 4 (D) 3 and 4

Last Answer : Answer: D 

Which of the following are statutory bodies ? (a) Election Commission of India (b) University Grants Commission (UGC) (c) All India Council for Technical Education (AICTE) (d) National Assessment and Accreditation Council (NAAC) Select the correct answer from the codes given below : Codes : (A) (a), (b) and (c) (B) (b), (c) and (d) (C) (b) and (c) (D) (b) and (d)

Description : Which of the following are statutory bodies ? (a) Election Commission of India (b) University Grants Commission (UGC) (c) All India Council for Technical Education (AICTE) (d) National Assessment and Accreditation Council (NAAC) Select the ... (b), (c) and (d) (C) (b) and (c) (D) (b) and (d)

Last Answer : Answer: C

What is the status of women's representation in India's legislative bodies ? -SST 10th

Description : What is the status of women's representation in India's legislative bodies ? -SST 10th

Last Answer : The status of women's representation in India's legislative bodies in India is as follows: In Lok Sabha: 10% or less than 10% In assemblies: Less than 5%

Explain the status of women’s representation in India’s legislative bodies. -SST 10th

Description : Explain the status of women’s representation in India’s legislative bodies. -SST 10th

Last Answer : The status of women’s representation in India’s legislative bodies are as follows: (i) Central Legislature: Less than 10% of its total strength are women. (ii) State legislatures: Less than 5% of their total strength are women. (iii) Panchayati Raj: One-third of the seats are reserved for women.

Examine the standard of women’s representation in India’s legislative bodies. -SST 10th

Description : Examine the standard of women’s representation in India’s legislative bodies. -SST 10th

Last Answer : The status of women's representation in India's legislative bodies is as follows: (i) Central Legislature: Less than 10% of its total strength are women. (ii) State Legislature: Less than 5% of its ... of seats in Lok Sabha and State Assemblies. But the bill to this effect has not been passed.

Which of the following statements is incorrect about Legislative Council? (1) 1/3rd of its members are elected by local bodies (2) President has the final power to decide about its composition (3) It is not subject to dissolution (4) Minimum strength of Legislative Council cannot be less than 40

Description : Which of the following statements is incorrect about Legislative Council? (1) 1/3rd of its members are elected by local bodies (2) President has the final power to decide about its composition (3) It is not subject to dissolution (4) Minimum strength of Legislative Council cannot be less than 40

Last Answer : (2) President has the final power to decide about its composition Explanation: President does not has the final power to decide about the legislative council composition.

The functions of which of the following bodies in India is limited to advisory nature only? (1) Legislative Council (2) Rajya Sabha (3) Lok Sabha (4) Legislative Assembly

Description : The functions of which of the following bodies in India is limited to advisory nature only? (1) Legislative Council (2) Rajya Sabha (3) Lok Sabha (4) Legislative Assembly

Last Answer : (1) Legislative Council \ Explanation: The Provincial Legislative Councils established were mere advisory bodies by means of which Government obtained advice and assistance. The Provincial Legislative Council could not interfere with the laws passed by the Central Legislature.

Which legislative to what I senator most likely seek to use to ensure a bill he supports becomes law even if the president strongly opposes the bill?

Description : Which legislative to what I senator most likely seek to use to ensure a bill he supports becomes law even if the president strongly opposes the bill?

Last Answer : Overturning a veto

What best describes a law enacted by a legislative body of government?

Description : What best describes a law enacted by a legislative body of government?

Last Answer : Statue

The power to enlarge the jurisdiction of the Supreme Court of India with respect to any matter included in the Union list of legislative powers rests with: (1) The President of India (2) The Chief Justice of India (3) The Parliament (4) The Union Ministry of Law

Description : The power to enlarge the jurisdiction of the Supreme Court of India with respect to any matter included in the Union list of legislative powers rests with: (1) The President of India (2) The Chief Justice of India (3) The Parliament (4) The Union Ministry of Law

Last Answer : (3) The Parliament Explanation: The parliament can regulate the organization and jurisdiction of the Supreme Court. It can expand the jurisdiction but can't curtail the same.

A meeting of the shareholders held only once during the life time of the company is known as– (A) Meeting of the Directors (B) Meeting of the Creditors (C) Extraordinary General Meeting (D) Statutory Meeting

Description : A meeting of the shareholders held only once during the life time of the company is known as– (A) Meeting of the Directors (B) Meeting of the Creditors (C) Extraordinary General Meeting (D) Statutory Meeting

Last Answer : Answer: Statutory Meeting

The first auditor of a company appointed, holds office– (A) For a period of one year (B) For that period till new auditor is appointed (C) Till the conclusion of first Annual General Meeting (D) Till the holding of statutory meeting of the company

Description : The first auditor of a company appointed, holds office– (A) For a period of one year (B) For that period till new auditor is appointed (C) Till the conclusion of first Annual General Meeting (D) Till the holding of statutory meeting of the company

Last Answer : Answer: Till the conclusion of first Annual General Meeting

Auditing standards are a. Statutory in nature. b. Rules imposed by the Securities and Exchange Commission. c. General guidelines to help auditors. d. Rules imposed by the PICPA

Description : Auditing standards are a. Statutory in nature. b. Rules imposed by the Securities and Exchange Commission. c. General guidelines to help auditors. d. Rules imposed by the PICPA

Last Answer : General guidelines to help auditors

What are my statutory rights on this? (Freeview Recorder Purchase)

Description : What are my statutory rights on this? (Freeview Recorder Purchase)

Last Answer : I am not a lawyer, but I don't think there is much you can do. You should have taken it back within the 28 day return period. You can take it back and try to get a refund ... subzero Antarctica or the Sahara Desert), the weather probably has absolutely no effect on the functionality of the device.

How does census of India differentiate between statutory towns and census towns ? -Geography

Description : How does census of India differentiate between statutory towns and census towns ? -Geography

Last Answer : In census of India 2001, two types of towns were identified: (i) Statutory Towns: All places with a municipality, corporation. Cantonment board or notified town area committee, etc. so declared by a ... non-agricultural pursuits; and A density of population of at least 400 persons per sq km.

Explain the following terms/concept : Statutory company

Description : Explain the following terms/concept : Statutory company

Last Answer : Explain the following terms/concept : Statutory company

What is the difference between a statutory warranty deed and special warranty deed?

Description : What is the difference between a statutory warranty deed and special warranty deed?

Last Answer : What is the answer ?

If a person has a statutory duty and as a result of their actions it causes someone to suffer damage it is?

Description : If a person has a statutory duty and as a result of their actions it causes someone to suffer damage it is?

Last Answer : What is the answer ?

Liability of a Company Secretary is– (A) Contractual only (B) Statutory only (C) Civil only (D) Both contractual and statutory

Description : Liability of a Company Secretary is– (A) Contractual only (B) Statutory only (C) Civil only (D) Both contractual and statutory

Last Answer : Answer: Both contractual and statutory

Reserve Bank of India is a– (A) Government Company (B) Departmental Organisation (C) Statutory Corporation (D) None of the above

Description : Reserve Bank of India is a– (A) Government Company (B) Departmental Organisation (C) Statutory Corporation (D) None of the above

Last Answer : Answer: Government Company

Which of these must hold a Statutory Meeting ? (A) Public Limited Company (B) Private Company (C) Unlimited Company (D) All of these

Description : Which of these must hold a Statutory Meeting ? (A) Public Limited Company (B) Private Company (C) Unlimited Company (D) All of these

Last Answer : Answer: Public Limited Company

Internal Auditor is appointed by the– (A) Management (B) Shareholders (C) Government (D) Statutory Auditor

Description : Internal Auditor is appointed by the– (A) Management (B) Shareholders (C) Government (D) Statutory Auditor

Last Answer : Answer: Management

A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of the following ? (A) The date of incorporation (B) The date at which the company is entitled to commence business (C) The date of actual receipt of certificate of incorporation (D) The date of actual commencement of business

Description : A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of ... date of actual receipt of certificate of incorporation (D) The date of actual commencement of business

Last Answer : Answer: The date at which the company is entitled to commence business

Which one of the following statements is correct ? (A) Internal audit and Management audit are the same (B) Internal audit and statutory audit are the same (C) Internal audit is compulsory in all cases (D) Statutory audit of company accounts is compulsory

Description : Which one of the following statements is correct ? (A) Internal audit and Management audit are the same (B) Internal audit and statutory audit are the same (C) Internal audit is compulsory in all cases (D) Statutory audit of company accounts is compulsory

Last Answer : Answer: Statutory audit of company accounts is compulsory

Vote-on-account means – (1) Statutory acceptance of planning bill (2) Statutory acceptance of money bill (3) Statutory acceptance of report of account checking and documents produced by CAG (4) Statutory acceptance of expenditure related to demands of grants till the passage of planning bill

Description : Vote-on-account means – (1) Statutory acceptance of planning bill (2) Statutory acceptance of money bill (3) Statutory acceptance of report of account checking and documents produced by CAG (4) Statutory acceptance of expenditure related to demands of grants till the passage of planning bill

Last Answer : (4) Statutory acceptance of expenditure related to demands of grants till the passage of planning bill Explanation: When the government needs to withdraw any money from the Consolidated Fund of India to ... Fund of India to meet the government's expenses is generally known as a vote-on-account.

In the new Panchayati Raj Bill enacted in 1993, there are several fresh provisions deviating from the past. Which one of the following is not one such provisions? (1) A number of added responsibilities in the area of agriculture rural development, primary education and social forestry among other (2) Elections being made mandatory for all posts at the time they are due (3) A statutory representation for women in the panchayats, up to a third of the strength (4) Regular remuneration to the panchayat members, so as to ensure their punctuality and accountability

Description : In the new Panchayati Raj Bill enacted in 1993, there are several fresh provisions deviating from the past. Which one of the following is not one such provisions? (1) A number of ... strength (4) Regular remuneration to the panchayat members, so as to ensure their punctuality and accountability

Last Answer : (4) Regular remuneration to the panchayat members, so as to ensure their punctuality and accountability Explanation: Provision given in option (4) is not included under 73rd amendment act 1993.

With reference to Lok Adalats, which one among the following statements is correct? (1) Lok Adalats have the jurisdiction to settle the matters at pre-litigative state and not those matters pending before any court (2) Lok Adalats can deal with matters which are civil and not criminal in nature (3) Lok Adalats has not been given any statutory status so far (4) No appeal lies in a civil court against the order of the Lok Adalat

Description : With reference to Lok Adalats, which one among the following statements is correct? (1) Lok Adalats have the jurisdiction to settle the matters at pre-litigative state and not those matters pending before any court ... so far (4) No appeal lies in a civil court against the order of the Lok Adalat

Last Answer : (4) No appeal lies in a civil court against the order of the Lok Adalat Explanation: Award has the same effect as of a Civil Court decree. The Supreme Court has held that award of the Lok ... passed by itself. It was the legal services authority act 1987, which gave statutory status to Lok Adalat.

Which of the follwoing is an extraconstitutional and non-statutory body? (1) Finance Commission (2) Planning Commission (3) Union Public Service Commission (4) Election Commission

Description : Which of the follwoing is an extraconstitutional and non-statutory body? (1) Finance Commission (2) Planning Commission (3) Union Public Service Commission (4) Election Commission

Last Answer : (2) Planning Commission Explanation: The Planning Commission does not derive its creation from either the Constitution ot statute, but is an arm of the Central/Union Government.

Resources transferred from the Government of India to States are termed `statutory' if they are made (1) in the form of loans (2) on the recommendations of the Planning Commission (3) on the recommendations of the Finance Commission (4) in the form of grants

Description : Resources transferred from the Government of India to States are termed `statutory' if they are made (1) in the form of loans (2) on the recommendations of the Planning Commission (3) on the recommendations of the Finance Commission (4) in the form of grants

Last Answer : (3) on the recommendations of the Finance Commission Explanation: in an explicit recognition of vertical and horizontal imbalances, the Indian Constitution embodies enabling and mandatory provisions to ... have to bring about uniform income and services and economic integration among the states.

NITI Aayog is a - (1) Statutory Body (2) Think Tank (3) NGO (4) Constitutional Body

Description : NITI Aayog is a - (1) Statutory Body (2) Think Tank (3) NGO (4) Constitutional Body

Last Answer : (4) Constitutional Body Explanation: The NITI Aayog is neither mentioned in the constitution nor has been established by an act of parliament; it is, therefore, neither a constitutional body nor a ... through a cabinet resolution on January 1, 2015. So it is an advisory and nonstatutory body.

A proceeding under Article 226 in case of detention of a person is a – (1) Civil proceeding (2) Criminal proceeding (3) Judicial proceeding (4) Statutory proceeding

Description : A proceeding under Article 226 in case of detention of a person is a – (1) Civil proceeding (2) Criminal proceeding (3) Judicial proceeding (4) Statutory proceeding

Last Answer : (2) Criminal proceeding Explanation: Under the writ of Habeas Corpus, the Court intervenes and asks the authority to provide the reasons for such detention. All proceedings under Article 226 are ... asks for any other writ than the Habeas Corpus, the proceedings are necessarily civil proceedings.

A high Statutory Liquidity Ratio (SLR) (1) restricts lending (2) increases supply of cash (3) provides funds to the state (4) increases the strength of the banks

Description : A high Statutory Liquidity Ratio (SLR) (1) restricts lending (2) increases supply of cash (3) provides funds to the state (4) increases the strength of the banks

Last Answer : (1) restricts lending Explanation: Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form gold or government approved securities before providing credit to ... , suck liquidity in the market, to tighten the measure to safeguard the customers' money.

The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called - (1) Cash reserves (2) Deposit reserves (3) Excess reserves (4) Momentary reserves

Description : The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called - (1) Cash reserves (2) Deposit reserves (3) Excess reserves (4) Momentary reserves

Last Answer : (3) Excess reserves Explanation: In banking, excess reserves are bank reserves in excess of the reserve requirement set by a central bank. They are reserves of cash more than the required ... is that doing so may provide enhanced liquidity and therefore more smooth operation of payment system.

The ratio of a bank's cash holdings to its total deposit liabilities is called the - (1) Variable Reserve Ratio (2) Cash Reserve Ratio (3) Statutory Liquidity Ratio (4) Minimum Reserve Ratio

Description : The ratio of a bank's cash holdings to its total deposit liabilities is called the - (1) Variable Reserve Ratio (2) Cash Reserve Ratio (3) Statutory Liquidity Ratio (4) Minimum Reserve Ratio

Last Answer : (2) Cash Reserve Ratio Explanation: Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the avail-able amount with the banks comes down. The RBI uses the CRR to drain out excessive money from the system.

What is Damodar Valley Corporation? (1) Statutory body (2) Municipal Corporation looking after Damodar Valley (3) A private enterprise located in Bihar (4) A non government organisation

Description : What is Damodar Valley Corporation? (1) Statutory body (2) Municipal Corporation looking after Damodar Valley (3) A private enterprise located in Bihar (4) A non government organisation

Last Answer : (1) Statutory body Explanation: Damodar Valley Corporation (DVC), having its headquarters at Kolkata, is a statutory body created under the Damodar Valley Corporation Act, 1948. It operates ... operates both thermal power stations and hydel power stations under the Union Ministry of Power.

In SNRR Account, SNRR stands for _________ A. Statutory Non Resident Rupee B. Single Non Resident Rupee C. Statutory Non Reflex Rupee D. Single Non Resident Rupee E. Special Non Resident Rupee

Description : In SNRR Account, SNRR stands for _________ A. Statutory Non Resident Rupee B. Single Non Resident Rupee C. Statutory Non Reflex Rupee D. Single Non Resident Rupee E. Special Non Resident Rupee

Last Answer : E. Special Non Resident Rupee Explanation: Any person resident outside India, having a business interest in India, can open a Special Non-Resident Rupee Account (SNRR account) with an authorised dealer for the purpose of putting through bonafide transactions in rupees.

Securities Appellate Tribunal is a/an __________ established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992 A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above

Description : Securities Appellate Tribunal is a/an __________ established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992 A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above

Last Answer : D. Statutory body Explanation: Securities Appellate Tribunal is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992 to hear and dispose of appeals against orders passed by the Securities and Exchange Board of India.

SEBI is a/an ________ A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above

Description : SEBI is a/an ________ A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above

Last Answer : D. Statutory body Explanation: Initially SEBI was a non statutory body without any statutory power. However, in 1995, the SEBI was given additional statutory power by the Government of India through an amendment to the Securities and Exchange Board of India Act, 1992.

Which is an extra Constitutional and non-statutory body?

Description : Which is an extra Constitutional and non-statutory body?

Last Answer : Planning Commission

Which is an extra Constitutional and non-statutory body?

Description : Which is an extra Constitutional and non-statutory body?

Last Answer : Planning Commission

What should the statutory provision of earthing?

Description : What should the statutory provision of earthing?  

Last Answer : a. Earthing shall generally be carried out in accordance with the requirement of India electricity rule 1956, as amended from time to time and the relevant regulations of the electricity supply ... , etc. used in earthing shall conform to Indian standard specifications, wherever these exist. 

Warning signs that cause the auditor to question management integrity must be taken seriously and pursued vigorously. Which of the following may lead the auditor to suspect management dishonesty? a. The client has been named as a defendant in a product liability suit. b. The client has experienced a decrease in revenue from increased import competition. c. A new statutory regulation making customer licenses more difficult to obtain may adversely affect the client's operations. d. The president and chief executive officer of the client corporation has held numerous meetings with the controller for the purpose of discussing accounting practices that will maximize reported profits

Description : Warning signs that cause the auditor to question management integrity must be taken seriously and pursued vigorously. Which of the following may lead the auditor to suspect management ... with the controller for the purpose of discussing accounting practices that will maximize reported profits

Last Answer : The president and chief executive officer of the client corporation has held numerous meetings with the controller for the purpose of discussing accounting practices that will maximize reported profits

The National Human Rights Commission is a a. Constitutional body b. Statutory body c. Executive body d. NG

Description : The National Human Rights Commission is a a. Constitutional body b. Statutory body c. Executive body d. NG

Last Answer : b. Statutory body

The Planning commission of India is? (A) A constitutional body (B) An independent and autonomous body (C) A statutory body (D) A non-statutory body

Description : The Planning commission of India is? (A) A constitutional body (B) An independent and autonomous body (C) A statutory body (D) A non-statutory body

Last Answer : (C) A statutory body

Planning commission was established as – (i) Non-constitutional body, 15 th March 1950 (ii) Constitutional body, 15 th March 1950 (iii) Non statutory body, 15 th March 1951 (iv) Statutory body, 15 th March 1951

Description : Planning commission was established as – (i) Non-constitutional body, 15 th March 1950 (ii) Constitutional body, 15 th March 1950 (iii) Non statutory body, 15 th March 1951 (iv) Statutory body, 15 th March 1951

Last Answer : (i) Non-constitutional body, 15 th March 1950

The Planning commission of India is? (A) A constitutional body (B) An independent and autonomous body (C) A statutory body (D) A non-statutory body

Description : The Planning commission of India is? (A) A constitutional body (B) An independent and autonomous body (C) A statutory body (D) A non-statutory body

Last Answer : (D) A non-statutory body

Which amendment accorded statutory status to the commission for Scheduled castes and Scheduled Tribes- a) 64 th amendment b) 65 th amendment c) 68 th amendment d) None of them

Description : Which amendment accorded statutory status to the commission for Scheduled castes and Scheduled Tribes- a) 64 th amendment b) 65 th amendment c) 68 th amendment d) None of them

Last Answer : b) 65 th amendment

What is the full form of the MSP? a. Minimum Stock Price b. Minimum Statutory Price c. Maximum Stipulated Price d. Minimum Support Price

Description : What is the full form of the MSP? a. Minimum Stock Price b. Minimum Statutory Price c. Maximum Stipulated Price d. Minimum Support Price

Last Answer : d. Minimum Support Price

The Writ used to control executive action in the areas of making appointments to public offices under relevant statutory provisions judicially is?

Description : The Writ used to control executive action in the areas of making appointments to public offices under relevant statutory provisions judicially is?

Last Answer : Quo Warranto.