July 2016 - Paper3

1:  

Read the following and select the right code :

Statement I : A custom to be valid should be proved to be immemorial but may not be ancient.

Statement II : The principle of judicial decision which is only authoritative is known as 'ratio decidendi'.

A.

Both the statements are true.

B.

Both the statements are false.

C.

Statement – I is true but Statement – II is false.

D.

Statement – II is true but Statement – I is false.

 
 

Option: D

Explanation :

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2:   To become a director in a company the person must obtain
A.

Business Licence

B.

Director’s Licence

C.

TIN

D.

DIN

 
 

Option: D

Explanation :

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3:  

Which of following is not a 'Maharatna' industry in India ?

A.

CIL

B.

SAIL

C.

OIL

D.

GAIL

 
 

Option: C

Explanation :

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4:  

Match the items of Column – I with those of Column – II : Column – I Column – II a. Exchange control i. Adverse BOP b. Price control ii. Domestic firms c. Import control iii. Mass consumption product d. Legislative control iv. Industrial location

A.

ii i iii iv

B.

iv ii iii i

C.

iii ii i iv

D.

ii iii i iv

 
 

Option: D

Explanation :

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5:  

Match the items of List - I with those of List -II and choose the correct code :

commerce solved paper

A.

iv iii i ii

B.

iv iii ii i

C.

iii iv ii i

D.

ii i iii iv

 
 

Option: A

Explanation :

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