MCQ for CA Final LAW - PART 1 - Corporate Laws - Section A - Company Law - Chapter 4 INSPECTION, INQUIRY AND INVESTIGATION

Sample Multiple Choice Questions (MCQ's) for CA Final - Paper 4 - Corporate and Economic Laws - PART 1 - Corporate Laws - Section A - Company Law - Chapter 4: INSPECTION, INQUIRY AND INVESTIGATION - For Practice relevant for May/Nov 23 Examinations

Q:1 The Central Government shall, by _______, establish an office to be called the Serious Fraud Investigation Office to investigate frauds relating to _______.

 

  1. An order; companies and other persons
  2. A notification; companies and other persons
  3. An order; companies
  4. A notification; companies

Answer: 4

Q:2 The appointment of Director of the Serious Fraud Investigation Office shall be made by _______

 

  1. The Central Government
  2. Registrar
  3. Inspector
  4. The Tribunal

Answer: 1

Q:3 An investigation into the affairs of a company may be assigned to the Serious Fraud Investigation Office by _______.               

 

  1. Director of the Serious Fraud Investigation Office
  2. The Central Government
  3. Registrar
  4. The Tribunal

Answer: 2

Q:4 Any person who is arrested by any officer of Serious Fraud Investigation Office shall, within _________, be taken to a Special Court or a Judicial Magistrate or a Metropolitan Magistrate.      

 

  1. 24 hours
  2. 48 hours
  3. 72 hours
  4. 3 days

Answer: 1

Q:5 "With respect to release of a person on bail, consider the following conditions:

Condition (1): The Public Prosecutor has been given an opportunity to oppose the application for release of the accused.

Condition (2): The Special Court is satisfied that there are reasonable grounds for believing that the accused is not guilty of offence and that he is not likely to commit any offence while on bail.

A person accused of an offence punishable under section 447 shall not be released on bail or on his own bond unless _______."         

 

  1. Condition (1) is satisfied
  2. Condition (2) is satisfied
  3. Either Condition (1) or Condition (2) is satisfied
  4. Condition (1) as well as Condition (2) is satisfied

Answer: 4

Q:6 ________ may be released on bail, even without giving an opportunity to the public prosecutor to oppose the application for release of the accused, if the Special Court so directs.   

 

  1. A person who is under the age of 16 years
  2. A woman
  3. A person who is sick or infirm
  4. Any of these

Answer: 4

 

CA Final - Paper 4 - Corporate and Economic Laws - PART 1 - Corporate Laws - Section A - Company Law - Chapter 5   

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