McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .
Chapters
| 151. |
In a contract of guarantee, a person who promises to discharge another’s liability is known as |
| A. | the principal debtor |
| B. | the creditor |
| C. | the indemnified |
| D. | the surety |
| Answer» D. the surety | |
| 152. |
Liability of the surety is |
| A. | coextensive with the principal debtor |
| B. | primary with the principal debtor |
| C. | secondary to the principal debtor |
| D. | all of these |
| Answer» A. coextensive with the principal debtor | |
| 153. |
A surety is discharged from the liability by |
| A. | revocation notice by surety |
| B. | material alteration in terms |
| C. | discharge of principal by the creditor |
| D. | all of the above |
| Answer» D. all of the above | |
| 154. |
The delivery of goods by one person to another for some specific purpose is known as a |
| A. | bailment |
| B. | pledge |
| C. | pledge |
| D. | mortgage |
| Answer» A. bailment | |
| 155. |
The delivery of goods by one person to another as a security for the repayment of a debt is known as a |
| A. | bailment |
| B. | hypothecation |
| C. | pledge |
| D. | mortgage |
| Answer» C. pledge | |
| 156. |
Which of the following persons does not have a right of general lien? |
| A. | bankers |
| B. | wharfingers |
| C. | finder of goods |
| D. | factors and policy brokers |
| Answer» C. finder of goods | |
| 157. |
X lent his car to his friend Y for two days without any charges. It is a |
| A. | non-gratuitous bailment |
| B. | gratuitous bailemnt |
| C. | hypothecation |
| D. | beneficial bailment |
| Answer» B. gratuitous bailemnt | |
| 158. |
Out of following, which is/are duty of a bailee? |
| A. | to take care |
| B. | to take a reasonable care |
| C. | to sell the goods |
| D. | to retain the goods |
| Answer» B. to take a reasonable care | |
| 159. |
Out of following, which is/are rights of a bailee? |
| A. | to indemnify |
| B. | to claim necessary expenses |
| C. | to delivery of goods to any one of the joint bailor of the goods |
| D. | all of the above |
| Answer» D. all of the above | |
| 160. |
A person appointed to contract on behalf of another person is known as a/an |
| A. | principal |
| B. | agent |
| C. | independent contractor |
| D. | servant |
| Answer» B. agent | |
| 161. |
A mercantile agent to whom the possession of the goods is given for the purpose of selling the same is known as a/an |
| A. | broker |
| B. | factor |
| C. | commission agent |
| D. | insurance agent |
| Answer» B. factor | |
| 162. |
Which of the following is not a right of the agent? |
| A. | right of lien |
| B. | right to be indemnified |
| C. | right to remuneration |
| D. | right to make secret profits |
| Answer» D. right to make secret profits | |
| 163. |
A person appointed by the original agent to act in the business of the agency but under the control of the original agent is known as a/an |
| A. | agent |
| B. | sub-agent |
| C. | substituted agent |
| D. | del credere agent |
| Answer» B. sub-agent | |
| 164. |
Where the agent contracts for a principal, who is not competent to contract, in such a case the agent is |
| A. | personally liable |
| B. | exceeding authority |
| C. | not personally liable |
| D. | none of these |
| Answer» A. personally liable | |
| 165. |
Substituted agent is appointed by whom? |
| A. | government |
| B. | court |
| C. | principal |
| D. | agent |
| Answer» C. principal | |
| 166. |
What is the name given to an agency which cannot be terminated? |
| A. | revocable agency |
| B. | irrevocable agency |
| C. | agency for a single transaction |
| D. | agency created in necessity |
| Answer» B. irrevocable agency | |
| 167. |
A surety is NOT discharged from his liability: |
| A. | if terms of contract are varied without his consent. |
| B. | if the creditor gives time to the principal debtor without his consent. |
| C. | if the creditor releases the other co-surety. |
| D. | if the creditor releases the principal debtor. |
| Answer» C. if the creditor releases the other co-surety. | |
| 168. |
Cosumer Protection Act is applicable on- |
| A. | goods |
| B. | services |
| C. | restrictive trade practices |
| D. | all of these |
| Answer» C. restrictive trade practices | |
| 169. |
In District Forum in addition to President, minimum members are- |
| A. | three |
| B. | two |
| C. | four |
| D. | no definite number |
| Answer» B. two | |
| 170. |
Jurisdiction of State Commission is- |
| A. | up to 5 lacs |
| B. | up to 20 lacs |
| C. | up to 30lacs |
| D. | none of these |
| Answer» D. none of these | |
| 171. |
Age of a member of State Commission must be not less than- |
| A. | 18 years |
| B. | 25 years |
| C. | 35 years |
| D. | 60 years |
| Answer» C. 35 years | |
| 172. |
An appellant would be- |
| A. | any consumer |
| B. | any voluntary consumer |
| C. | legal heir of consumer |
| D. | all of above. |
| Answer» D. all of above. | |
| 173. |
The provisions of Consumer Protection Act is applicable |
| A. | goods |
| B. | service |
| C. | goods or service |
| D. | goods and services |
| Answer» D. goods and services | |
| 174. |
Under the Consumer Protection Act, complainant means |
| A. | central or state government |
| B. | legal representative of the deceased consumer |
| C. | both (a) & (b) |
| D. | neither (a) nor (b) |
| Answer» C. both (a) & (b) | |
| 175. |
Consumer disputes redressal agencies include _________ |
| A. | district forum |
| B. | state commission |
| C. | national commission |
| D. | all of the above |
| Answer» D. all of the above | |
| 176. |
District Forum shall have same power as are vested in the _________ |
| A. | civil court |
| B. | fast track court |
| C. | criminal court |
| D. | special court |
| Answer» A. civil court | |
| 177. |
Which relief can be obtained by consumers from commission? |
| A. | to remove defects from goods |
| B. | not to offer the hazardous goods for sale |
| C. | to stop manufacturing of hazardous goods |
| D. | all of the above |
| Answer» D. all of the above | |
| 178. |
In a contract of sale of goods, condition as to merchantable quality of goods applies |
| A. | where goods are bought by description. |
| B. | where the goods are bought from the person who deals in the goods for that description. |
| C. | where goods are sold under a trade mark. |
| D. | all of the above |
| Answer» D. all of the above | |
| 179. |
When a person has done some work under a contract and the other party repudiates the contract, then the party who performed the work can claim remuneration for the work done. This is based on the principle of |
| A. | rescission |
| B. | quantum meruit |
| C. | injunction |
| D. | specific performance |
| Answer» B. quantum meruit | |
| 180. |
X contract to deliver 1000 bags of wheat at Rs. 100 per bag on a future date. On the due date, he refuses to deliver. The market price on that day is Rs. 120 per bag. Which damages can be granted by the court |
| A. | Ordinary damage |
| B. | Special damage |
| C. | Remote |
| D. | Vindictive damage |
| Answer» A. Ordinary damage | |
| 181. |
Under the pledge, the person who pledges is known as a pledgor and the bailee is known as a |
| A. | bailor |
| B. | bailee |
| C. | pledgee |
| D. | pledgor |
| Answer» C. pledgee | |
| 182. |
The Information Technology Act, 2000 come into force on : |
| A. | 9th June, 2000 |
| B. | 17th October, 2000 |
| C. | 15th December, 2000 |
| D. | none of these |
| Answer» B. 17th October, 2000 | |
| 183. |
The Information Technology Act shall not apply to |
| A. | a negotiable instrument other than a cheque |
| B. | a power of attorney |
| C. | any contract for the sale of immovable property |
| D. | all of the above |
| Answer» D. all of the above | |
| 184. |
A person who is intended by the originator to receive the electronic record is, under the IT Act, known as |
| A. | intermediary |
| B. | originator’s agent |
| C. | addressee |
| D. | keyholder |
| Answer» C. addressee | |
| 185. |
Any person who on behalf of another person receives, stores or transmits a message is, under the IT Act, known as |
| A. | intermediary |
| B. | originator’s agent |
| C. | addressee |
| D. | keyholder |
| Answer» A. intermediary | |
| 186. |
The key of a pair used to create a digital signature is known as |
| A. | public key |
| B. | private key |
| C. | creator key |
| D. | secret key |
| Answer» B. private key | |
| 187. |
The key of a key pair used to verify a digital signature |
| A. | public key |
| B. | private key |
| C. | verifying key |
| D. | secret key |
| Answer» A. public key | |
| 188. |
The Digital Signature Certificate under the IT Act, 2000 is issued by the : |
| A. | Controller |
| B. | Certifying Authority |
| C. | Appellate Tribunal |
| D. | Cyber Authority |
| Answer» B. Certifying Authority | |
| 189. |
An electronic record, under the IT Act, 2000, can be authenticated by the subscriber by: |
| A. | affixing his digital signature |
| B. | preserving private key |
| C. | verification |
| D. | both (b) & (c) |
| Answer» A. affixing his digital signature | |
| 190. |
An application for the issue of Digital Signature Certificate should be accompanied by the prescribed fee not exceeding |
| A. | Rs. 15,000 |
| B. | Rs. 20,000 |
| C. | Rs. 25,000 |
| D. | Rs. 30,000 |
| Answer» C. Rs. 25,000 | |
| 191. |
Which of the following statement is incorrect? |
| A. | The Certifying Authority issuing the Digital Signature Certificate may suspend it on receipt of a request to that effect from the subscriber |
| B. | The Certifying Authority issuing the Digital Signature Certificate certifies that subscriber’s public key and private key constitute a functioning key pair |
| C. | The Certifying Authority issuing the Digital Signature Certificate may revoke it upon the death of the subscriber |
| D. | The Digital Signature Certificate once issued cannot be revoked by the Certifying Authority as the power of revocation is vested in the Cyber Appellate Tribunal |
| Answer» D. The Digital Signature Certificate once issued cannot be revoked by the Certifying Authority as the power of revocation is vested in the Cyber Appellate Tribunal | |
| 192. |
An adjudicating officer, under the IT Act, 2000, for holding inquiry and imposing penalty is appointed by the |
| A. | Controller |
| B. | Central Government |
| C. | Cyber Appellate Tribunal |
| D. | High Court |
| Answer» B. Central Government | |
| 193. |
Any person who, without the permission of the owner, damages any computer, computer system or computer network shall be liable to pay damages by way of compensation under the IT Act, 2000 upto: |
| A. | one lakh rupees |
| B. | ten lakh rupees |
| C. | one crore rupees |
| D. | none of these |
| Answer» C. one crore rupees | |
| 194. |
The Information Technology Act is popularly known as |
| A. | cyber law |
| B. | electronic law |
| C. | hacking law |
| D. | security law |
| Answer» A. cyber law | |
| 195. |
Key pair includes |
| A. | public key |
| B. | private key |
| C. | both (a) & (b) |
| D. | pass key |
| Answer» C. both (a) & (b) | |
| 196. |
__________ is the unique value for message or content |
| A. | Hash |
| B. | Encryption |
| C. | Message digest |
| D. | Private key |
| Answer» C. Message digest | |
| 197. |
The electronic governance means and includes |
| A. | filing any form online |
| B. | make application online |
| C. | filing any form offline |
| D. | both (a) & (b) |
| Answer» D. both (a) & (b) | |
| 198. |
What are the benefits of electronic governance? |
| A. | low cost |
| B. | efficient working of government |
| C. | transparency in working of government |
| D. | all of the above |
| Answer» D. all of the above | |
| 199. |
Appeal can be made to the ___________ against the order of appellate tribunal |
| A. | Magistrate Court |
| B. | Supreme Court |
| C. | High Court |
| D. | both (a) & (b) |
| Answer» C. High Court | |
| 200. |
Appeal can be made to high court against the order of appellate tribunal within ____ days. |
| A. | 30 |
| B. | 60 |
| C. | 45 |
| D. | 90 |
| Answer» B. 60 | |
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