Deck 2: Indian Laws and Regulations:part A

Question 1

Exchange Control deals with

A)Foreign Exchange
B)National Payments
C)National Savings
D)None of these

Answer 1

Foreign Exchange

Question 2

The central office of the Exchange Control department is situated in

A)Kolkatta
B)Kanpur
C)Chennai
D)Mumbai

Answer 2

Mumbai

Question 3

The objective of FEMA is

A)Foreign Exchange Management
B)Foreign Exchange Restriction
C)Foreign Exchange Earnings
D)None of these

Answer 3

Foreign Exchange Management

Question 4

In India, foreign currency means any currency other than

A)Rupee
B)Dollar
C)Pound
D)None of these

Question 5

Remittances is a ------------account

A)Current
B)Savings
C)Personal
D)Nominal

Question 6

Every exporter in India shall furnish a report to -------

A)SBI
B)ADB
C)RBI
D)None of these

Question 7

All the matters related to passport are under the control of

A)State Government
B)Central Government
C)State & Central Government
D)None of these

Question 8

Which section under the Passport Act, 1967 makes it mandatory that no person shall departure from India under he/she holds a valid passport?

A)Section 3
B)Section 4
C)Section 6
D)None of these

Question 9

Which Section deals with issue of passport and travel documents to persons who are not citizens of India?

A)Section 10
B)Section 19
C)Section 17
D)Section 21

Question 10

In which year Wildlife Protection Act came into force?

A)1979
B)1972
C)1978
D)1983

Question 11

The Wildlife Protection Act, 1972 applies to whole of India except

A)Jammu & Kashmir
B)Mandhya Pradesh
C)Karnataka
D)Kerala

Question 12

How many schedules are there under the Wildlife Protection Act, 1972?

A)6
B)5
C)7
D)8

Question 13

-----------means the area which is declared to be closed for hunting under the Wildlife Protection Act, 1972.

A)Prohibited Area
B)Closed Area
C)Non hunting Area
D)None of these

Question 14

-------------means the part or whole of captive animals or wild animals which has been kept or preserved by any means whether artificial or natural?

A)Preservatives
B)Trophy
C)Antique
D)None of these

Question 15

-----------------is an official document issued by a competent public authority to nationals or to alien residents of the issuing country

A)Ration Card
B)Passport
C)Andhra Card
D)None of these

Question 16

Foreign Exchange Management Bill was introduced in India in the year

A)1982
B)1989
C)1998
D)1999

Question 17

Consumer Protection Act came into existence in the year

A)1981
B)1965
C)1968
D)1986

Question 18

Indian Passport is valid for

A)10 years
B)20 years
C)5 years
D)8 years

Question 19

The FERA came into force on

A)25th March 1947
B)25th March 1948
C)25th March 1949
D)25th March 1950

Question 20

Which of the following is not a foreign Exchange dealer?

A)Central Bank
B)Commercial Bank
C)Individuals
D)Foreign Exchange Dealer

Question 21

The colour of Joint Passport is

A)Pink
B)Blue
C)Green
D)Red

Question 22

Sound Pollution Control Act is in the year

A)2010
B)2005
C)2000
D)1999

Question 23

In India, who is the Exchange Controller?

A)Prime Minister
B)Finance Minister
C)RBI Governor
D)President

Question 24

FEMA is known as

A)FEMA 1998
B)FEMA 1999
C)FEMA 2000
D)FEMA 2001

Question 25

The Ancient Monuments and Archeological Sites and Remains Act was introduced in the year

A)1959
B)1957
C)1958
D)1955