Law Officer Professional Knowledge Question Paper

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 IBPS SO Exam 2013 –   Law Officer  Professional Knowledge Quesion Quesion Pa!er 

1. What does the Latin phrase Mutatis mutandis mean? (A) "Changing most of the things" (B) "Changing [only those things !hih need to #e hanged" (C) "Changing all the things" ($) "Ma%ing no hanges" (&) 'one of these . Can onition #e #ased on retrated re trated onfession? (A) *es (B) 'o (C) +nly in ertain speifi ases. ($) &ither (A) or (B) (&) &ither (A) or (C) ,. Whih of the follo!ing is not a -undamental ights? (A) ight to life (B) ight to property  (C) ight against e/ploitation ($) &duational ights (&) 'one of the a#oe 0. Whih setion of he 2ndian Contrat At3 145 deals !ith the ontrat of guarantee?

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(A) 1 (B) 67 (C) 16 ($) 16 (&) 14 8. What does setion 48 of he 'egotia#le 2nstruments At3 1441 deal !ith? (A) $isharge from lia#ility  (B) $isharge #y allo!ing dra!er more than forty9eight hours to aept (C) When he:ue not duly presented and dra!er damaged there#y  ($) Che:ue paya#le to order (&) 'one of these 6. Whih of the follo!ing statement is not true !ith regard to Clayton;s rule? (A) Clayton;s rule eoled in $eaynes  'o#le (B) 2t is #ased on the legal fition that3 if an aount is in redit3 the first sum paid in !ill also #e the first to #e dra!n out (C) 2f the aount is oerdra!n3 a payment is alloated to the earliest de#it on the aount !hih aused the aount to #e oerdra!n ($) All the three statements are orret. (&) +nly (A) < (B) orret 5. Whih =etion of the 'egotia#le 2nstruments At3 1441 deals !ith dishonour of he:ue for insuffiieny3 et.3 of funds in the aounts? (A) 1,4 (B) 1, (C) 07 ($) 66 (&)  A #an% e/erising a right of setoff must fulfil !hih of the follo!ing onditions > (A) the aount from !hih the firm transfers funds must #e held #y the ustomer o!ing the firm money (B) the aount from !hih the firm transfers the money and the aount from !hih the

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money !ould other!ise hae ome3 must #e held !ith the same firm (C) #oth aount must #e held in the same apaity #y the ustomer and ($) the de#t must #e due and paya#le. (&) All of the a#oe  Ban%ers; Boo%s &idene At ame into e/istene in year (A) 1471 (B) 146@ (C) 1707 ($) @@@ (&) 1741  B2 an arry out inspetion of any #an% under setionof Ban%ing egulation At. (A) ,8 (B) , (C) ,, ($) ,0 (&) ,1  eturn of paid he:ues to ustomers mentioned in setionand 'omination faility3 $eposit aounts3 =afe $eposit artiles and Lo%ers are mentioned in setion  of Ban%ing egulation At. (A) 08 08A to -  (B) 08 08A to -  (C) 08 08 to -  ($) 06 06A to -  (&) 06 06A to -   he Companies At ame into e/istene inyear. (A) 1786 (B) 145 (C) 146@ ($) 1705 (&) 1480  Charges to #e filed !ith the egistrar of ompanies !ithin days from the date of its reation. (A) ,@ (B) 0@  ($) (&)

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 Whih of the follo!ing forms re9dressal forums set up. (A) $istrit -orum (B) =tate Commission (C) 'ational Commission) ($) All of the a#oe (&) +nly (B) <   A omplaint an #e filed !ithinyears from the date on !hih the ause of ation has arisen. (A)  (B) 1@ (C) 1 ($) 8 (&) , 16. Criminals Droedure Code ame into e/istene inyear. (A) 175, (B) 146@ (C) 145 ($) 1786 (&) 145, 15. Clayton;s ule defines Appropriation of payments !hen seeral de#ts are o!ned under !hih setions of the 2ndian Contrat At (A) =e 87 to 61 (B) =e 61 to 60 (C) =e 00 to 80 ($) =e 66 < 65 (&) 65 < 64  A :uasi ontrat is a ontrat that e/ists #y  (A) +rder of a ourt (B) agreement of the parties (C) &ither (A) or (B) ($) Both (A) and (B) (&) 'one of these

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 +n the dishonour of a he:ue the payee must gie a notie to the dra!er !ithindays of the reeipt of information from the #an%. (A) ,@ days (B) 1@ days (C) 0@ days ($) 1 day (&) 6@ days  Whih =etion of the =ale of Eoods At3 17,@ deals !ith Eoods sent on approal or" on sale or return"? (A) =etion 10 (B) =etion 0 (C) =etion ,0 ($) =etion 1@ (&) =etion 7  Can a minor #eome a partner? (A) *es (a minor #eome a partner) (B) 'o (eason> a minor an #e admitted to the #enefits of a partnership. But he annot #eome a partner also douments !ill #e signed #y the guardian on minor;s #ehalf). (C) Both (A) < (B) are orret ($) &ither (A) or (B) (&) 'one of these  Mortgage and lease are defined inAt (A) ransfer of Droperty At (B) 'egotia#le 2nstrument At (C) Ban%ing egulation At ($) Ban%ers; Boo%s &idene At  he CD2+ (Central Du#li 2nformation +ffier) has to proide information or reFet the re:uest !ithindays from the date of reeipt of the re:uest. (A) ,@ days (B) 1 days (C) 1@ days ($) @8 days (&) @5 days  2ssue of pro#ate of a !ill is goerned #y !hih At? (A) 2ndian =uession At (B) 'egotia#le 2nstrument At (C) Ban%ing egulation At ($) Ban%ers; Boo%s &idene At (&) B2 At  A po!er of attorney e/euted a#road must #e stamped !ithin .....of its reeipt in 2ndia.

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(A) three months. (B) four months (C) fie months ($) si/ months (&) t!o months  Minimum num#er of diretors in a pu#li limited ompany must #e (A) , (B) 0 (C) 8 ($) 6 (&)   Whih !rit literally means ;you may hae the #ody; ? 2t is the most alua#le !rit for personal li#erty. (A) !rit of ha#eas orpus (B) !rit of :uo !arranto (C) !rit of ertiorari ($) !rit of prohi#ition (&) 'one of these.  A #an%er; lien is goerned #y  (A) 2ndian Contrat At (B) 'egotia#le 2nstrument At (C) Ban%ing egulation At ($) Ban%ers; Boo%s &idene At (&) =ale of Eoods At  Dledge is defined under =etion of 2ndian Contrat At. (A) =etion 15 (B) =etion 15 (C) =etion 15, ($) =etion 150 (&) =etion 158  "D.2.+" under 1 At3 @@8 means (A) Du#li 2nformation +ffier (B) Drinipal 2nformation +ffier (C) Dress 2nformation +ffier ($) Du#li 2nformation +ffie

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(&) 'one of these  "ight of =u#rogation" is (A) right of guarantors to step into the shoes of reditor and re oer the money from the Drinipal $e#tor (B) right of reditor to reoer the money from guarantors (C) right of de#tor to proeed against the reditor ($) &ither (A) or (B) (&) 'one of these.  A "Consent Clause" is no! inor porated in loan douments (A) as a matter of a#undant preaution (B) so that the #orro!er annot diso!n his lia#ilities under the loan agreement (C) so that #an% an pu#lish names of defaulters of loans ($) All of the a#oe (&) 'one of these  A #usiness onern has made under9insurane of its sto%s against ris% of fire. When the sto%s are #urnt #y a fire3 he is paid proportionately less amount of ompensation. his is #ased on the priniple of  (A) insura#le interest (B) aerage lause (C) indemnity  ($) Both (A) < (B) (&) 'one of these ,0  Whih setion of he 2ndian & idene At3 1453 deals !ith the $otrine of &stoppels? (A) =etion , (B) =etion 11 (C) =etion 118 ($) =etion 6 (&) =etion 110  As per proisions ontained under =etion 1,4 of the ' 2 At3 1441 the dra!er of a

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he:ue an #e made lia#le3 proided (A) the he:ue is issued in disharge of a de#t3 lia#ility3 gift or donation (B) the he:ue is issued in disharge of a de#t or lia#ility  (C) the he:ue is issued in disharge of gift or donation ($) the he:ue is issued in disharge of gift only  (&) 'one of these  Contrat in !hih one person promises to sae another from loss aused #y an at of a third party is (A) Contrat of Euarantee (B) Contrat of 2ndemnity  (C) Both (A) and (B) ($) All of the a#oe (&) 'one of these  -rom out of the follo!ing types of alterations3 !hih onstitutes a material alteration? (A) Crossing of an unrossed he:ue (B) When a he:ue endorsed in #lan% is hanged to endorsement in full (C) When the holder fills in the #lan%s in an inhoate instrument ($) When the holder hanges the date of the instrument (&) 'one of these  Giten presents a he:ue in his faour for payment aross the ounter. Ho!eer3 Ban% learns that he is an un9disharged insolent. Will the Ban% !ill pay the he:ue? (A) *es it an #e paid as Giten is a payee only and the #an% has no ontratual o#ligation !ith him (B) 'o3 as the true o!ner of suh a he:ue !ould #e the +ffiial eeier (C) *es3 if the payee gets an authoriIation from the dra!er of the he:ue ($) Both (A) and (C) (&) 'one of these  Limitation period for e/eution of a deree is (A) 1 years from the date it !as dereed (B) , years from the date of the deree

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(C) 6 years from the date of the deree ($) 8 years from the date of the deree (&) 'one of these  he Ban%ing +m#udsman an a!ard ma/imum ompensation up to (A) s. la (B) s.8 la (C) s.5.8@ la ($) s. 6 la (&) s.1@ la  Whih of the follo!ing is not a doument of title to goods? (A) Air!ay Bill (B) Bill of Lading (C) Lorry eeipt ($) ail!ay eeipt (&) 'one of these  A Du#li Charita#le rust is goerned #y  (A) Du#li rust At (B) 2ndian rust At (C) Wa%f At ($) All of the a#oe (&) 'one of these  Earnishee +rder is issued under the proisions of  (A) Ban%ing egulation At3 1707 (B) B2 At3 17,0 (C) Ciil Droedure Code ($) Criminal Droedure Code (&) 'one of these  he term "Dartiular Lien" means a right (A) o retain possession of goods for !hih the dues hae arisen (B) o %eep the seurities for an indefinite period of time (C) o sell the seurities ($) o retain the seurities to oer other dues (&) 'one of these.

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 When #orro!er repays a loan !hih is seured #y assignment of de#t3 the harge is (A) ransferred in faour of the #orro!er (B) &ndorsed in faour of the #orro!er (C) e9assigned in faour of the #orro!er ($) e9assigned in faour of the #an%  (&) 'one of the a#oe 06. Whih of the follo!ing statement !ould holds good if your #ranh reeies an attahment order from the 2nome a/ authorities? (A) Ban% annot e/erise its right of set off  (B) Ban% an e/erise its right of set off for e/isting laims against the ustomer (C) Ban% an e/erise its right of set off after o#taining an order from a ompetent Court ($) Ban% annot e/erise its right of set off after o#taining an order from a ompetent Court (&) 'one of these. 05. 2n ase of "'egatie Lien"3 a reditor (A) gets a right to proeed legally for the property  (B) does not get a right to proeed legally3 as the de#tor is #ound morally  (C) annot enfore its right oer the property through interen tion of the Court ($) gets a right to arrange for a priate sale (&) 'one of these 04. 2n ase of aounts of Hindu Jn9diided -amily (HJ-)3 !hen he:ues are issued #y the Karta and his agent3 the "=top Dayment" instrutions to the #an% an #e gien #y  (A) any mem#er of the HJ-  (B) any o9parener of the HJ-  (C) the senior most o9parener of the HJ-  ($) All of the a#oe (&) 'one of these 07. 2n ase of Eift Che:ues3 please identify !hih of the follo!ing is true (A) the payee an #e a holder in due ourse

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(B) the payee annot #e a holder in due ourse (C) Both (A) and (B) ($) &ither (A) or (B) (&) 'one of these 8@. Whih of the follo!ing statement is not true a#out 'on9e/eutie diretors of the ompany? (A) A non9e/eutie diretor ('&$3 also '$) or outside diretor is a mem#er of the #oard of diretors of a ompany  (B) does not form part of the e/eutie management team (C) hey are not employees of the ompany  ($) hey are employees of the ompany  (&) 'one of these.