1. Assertion (A): Every public company shall have at least three and every private company at least two Directors.
Reason (R): Directors are trustees for the company and not for individual shareholders.

Codes:
(A) (A) and (R) are true, but (R) is not an explanation for (A).
(B) (A) and (R) are true and (R) is an explanation for (A).
(C) (A) is true, but (R) is false.
(D) (R) is true, but (A) is false.



2. Arrange the following concepts in a sequence in which they appeared. Use the code given below:

(i) Right of an unpaid seller to stop goods in transit.
(ii) Agreement to sell goods.
(iii) Damages for breach of contract of sale of goods.
(iv) Conditions and warranties.

Codes:
(A) (ii), (iv), (iii), (i)
(B) (iv), (ii), (i), (iii)
(C) (ii), (i), (iv), (iii)
(D) (i), (ii), (iv), (iii)



3. Which statements are correct?

(i) Partner has a duty of good faith.
(ii) Partner has duty not to compete.
(iii) Partner has duty of due diligence.
(iv) Partner has duty to indemnify for fraud.

Codes:
(A) Only (i) is correct.
(B) Only (i) and (ii) are correct.
(C) Only (i), (ii) and (iii) are correct.
(D) (i), (ii), (iii) and (iv) are correct.



4. Match an item in List P with an item in List Q:

List – P
List – Q
(a) Removal of Directors by Company Law Board
(i) Section 318
(b) Duty of Directors to disclose interest
(ii) Sections 299 – 300
(c) Compensation for loss of office of Director
(iii) Section 402
(d) Director with unlimited liability
(iv) Sections 322 – 323
                                   
Codes:
       (a) (b) (c) (d)
(A) (iii) (ii) (i) (iv)
(B) (ii) (iii) (i) (iv)
(C) (ii) (iii) (iv) (i)
(D) (ii) (i) (iii) (iv)




5. Read Assertion (A) and Reason (R) and find correct answer using codes given below:

Assertion (A): The Council of Ministers is the hub of the Parliamentary form of Government.

Reason (R): The Government is formed from the majority party.

Codes:
(A) Both (A) and (R) are true but (R) is not the correct explanation of (A).
(B) Both (A) and (R) are true and (R) is the correct explanation of (A).
(C) (A) is true, (R) is false.
(D) (A) is false, but (R) is true.



6. The jurisdiction of the Supreme Court of India may be enlarged by

(A) The President of India
(B) The President of India in consultation with the Prime Minister and Chief Justice of India
(C) The Parliament by resolution
(D) The Parliament by law.



7. What are exceptions to the rule of natural justice? Answer using codes given below:

i. Exclusion by statutory provisions.
ii. Exclusion by Constitutional provision.
iii. Exclusion in case of legislative act.
iv. Exclusion in public interest.

Codes:
(A) Only i is correct.
(B) Only i and ii are correct.
(C) Only i, ii and iii are correct.
(D) All of above are correct.



8. Read Assertion (A) and Reason (R) and find correct answer using codes given below:

Assertion (A): In India the order passed in violation of the principles of natural justice is void.

Reason (R): In India there is void in the area of principles of justice by nature.

Codes:
(A) (A) and (R) are true and (R) is correct explanation of (A).
(B) (A) and (R) are true, but (R) is not correct explanation of (A).
(C) (A) is true and (R) is false.
(D) (A) is false and (R) is true.



9. In which of the following conditions, the abuse of discretionary power is inferred?

i. Use for improper purpose
ii. Mala fide
iii. Relevant consideration
iv. Leaving out irrelevant consideration
Answer using codes given below:

Codes:
(A) Only i is correct.
(B) Only i and ii are correct.
(C) Only i, ii and iii are correct.
(D) All of above are correct.



10. Read Assertion (A) and Reason (R) and find correct answer using codes given below:

Assertion (A): Equality is antithetic to arbitrariness.

Reason (R): Article 14 of the Indian Constitution prevents arbitrary discretion being vested in the executive.

Codes:
(A) Both (A) and (R) are true and (R) is correct explanation of (A).
(B) Both (A) and (R) are true, but (R) is not correct explanation of (A).
(C) (A) is true, but (R) is false.
(D) (A) is false, but (R) is true.




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