Previous Year Questions...Situation based question- Cheque holder Interim Deposit under NI Act–...

Previous Year Questions(Memory Based)

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IBPS SO Law Officer & IBPS RRB Scale II Law Officer

Eligibility Criteria


IBPS SO Law Officer

IBPS RRB Scale II Law Officer� Experience

� Scale

� Age

No Experience

Scale I

Max= 30 years

2 years

Scale II

Max=32 years


• Phase I + Phase II + Interview

IBPS SO Law Officer

(Scale 1)

Phase I� Paper 1

EnglishReasoningGeneral Awareness

� Paper 1Legal Knowledge

Phase II

• Phase I + InterviewIBPS RRB Law

Officer (Scale II)

Phase I� Paper 1

English/HindiQuantitative AptitudeReasoningFinancial AwarenessComputer KnowledgeProfessional Knowledge (Law)

Companies Act


� Quorum for meeting if 1k<member<5k – 15 members� Full form of NCLAT� Situation Based = Y(a public company) purchases more than half of

shares of X(pvt company). What will be status of X company now?� Question regarding Green shoe option, equity option, call option� Public Company- Section 7

Negotiable Instruments Act


� Disposal time of proceedings under Section 138 – 6 months(section 143)� Rate of Interest if not mentioned, under NI Act – 18%(Section 80)� Noting under which Section� Date of maturity of promissory note� Situation based question- Cheque holder� Interim Deposit under NI Act– 20%� Presumption NI Act – Section 118� Drawer Liability under NI Act- Section 30� Validity of cheque- 3 months� Rights of minor under NI Act- Section 26� Punishment in case of dishonour of cheque� Definition of Holder in Due Course� Payment in Due Course- Section 10� Liability of Drawer under NI ?- compensate for dishonor

SARFAESI Act


� When was chapter IVA added to Sarfaesi Act� SARFAESI Application- disposal time- 60 days � SARFAESI enforcement- pledged goods� Who can cancel registration of Asset Reconstruction Company?� Who is the owner of financial asset?� Days in which secured creditor has to communicate the reasons for

non- acceptance of representation� Min and Max period in which decision for possession of secured debt

to be taken� Time limit for registration with CERSAI under SARFAESI Act� Which Section entitles borrower to claim compensation ? - 19

Banking Regulations Act/RBI Act


� Restriction on loan and advances – Section 20� Percentage of Reserve Fund- Section 17- 25%� Definition of Banking Company� Bank Rate is defined under Section 49 of RBI Act� Removal of contents of locker by nominee under Section 45ZE of

Banking Regulation Act – banking company shall?- prepare an inventory of contents of locker

Hindu Laws


� Who is guardian of minor married girl?� Section 65 of Hindu Succession Act?� Probate under Indian Succession Act� Number of domiciles- Indian Succession Act� Which court has jurisdiction to grant certificate under Section 371 of

Indian Succession Act?- District Judge� While appointing guardian for Hindu minor under Hindu Minority and

Guardianship Act, what is relevant?- welfare

Indian Contract Act/Specific Relief/Partnership/


� Partner/Agent of firm� Expulsion of partner of a firm- by majority in good faith� Bank Guarantee -Section 28 contract act� Gratuitous Bailment terminates when?� Consideration of Guarantee – Sec 127� Contract with 15 years old- void� Onerous gift� Mandatory Injunction� Surety’s liability is coextensive- Section 128� Substitution of Contract is called?- Novation� Doctrine of frustration defined under?- Section 56

Transfer of Property Act


� Section 3 TPA- Definition of Instrument� Vested Interest of unborn child- under Sec 20 of TPA� Types of Mortgages under Section 58� Right available with mortgagor after liquidating as paying debt?- Right

to redeem� Definition of Foreclosure

Civil Procedure Code


� Time Limit to file review� Maximum punishment in execution of decree� By which court decree can be executed� Exemption under Section 133 CPC� Judgement Debtor to undergo imprisonment- while resisting execution of

decree under Section 74� Caveat expiry period� Section 75 CPC- Court doesn’t have power to arrest judgement debtor

Criminal Law – IPC & Cr.P.C, Evidence


� Warrant by whom to arrest women before sunrise and after sunset – Section 46 CrPC – Magistrate

� Section 154 of CrPC- free copy of FIR to be given to?� Collection of evidence by police in a proceeding is called?� Search warrant – for which purpose?� Bailable Offence – Section?� What cognizable offence means� Definition of dishonestly� Imprisonment on default of payment of fine� Max punishment by CJM� Oral Evidence – should be direct� Presumption as to Gazettes in Electronic form� Res Gestae

Constitution


� Right to Equality – Article 14� Executive power of the country resides in?� Who can remove the governor?� Right to Life and Liberty – Article 21� Uniform Civil Code – Article 44� Organization of Village Panchayats- Article?� Appointment of PM-Article?� Issue of writs by High Court – Article?� Article 356 talks about?� When Constitution came into force?

Right to Information Act


� Disposal time of RTI application� RTI- life and liberty- 48 hours� First appeal within how many days� Time Limit to file Second appeal

Insolvency and Bankruptcy Code


� Threshold limit under IBC- 1 crore limit for insolvency of corporate person – Section 4

� Latest amendment date of IBC� Suspension of insolvency proceedings during covid situation for a

period of ?� Part III does not apply to?� Who can admit claim under Section 40?- Liquidator

DRT/RDBFI Act


� Section 31b� Limit- 20 lakhs� Time limit for review� Recovery certificate is issued by?� Appeal to be filed within how many days and to whom against order of

registrar� Who can withdraw certificate issued by Recovery Officer?- Presiding

Officer� Amount of debt to be deposited when filing an appeal?

Consumer Protection Act


� Percentage amount to be deposited in consumer court for appeal� Proceeding before consumer court is known as?� Appeal against the order of State Commission is filed with ?� Within how many days appeal can lie to SC?� Practice of promoting sale by unfair method is called?

RegistrationAct


� Compulsory Registration� Time limit of registration of documents� Document executed outside India- Time Limit for registration� Sub- registrar refuses registration – Time Limit of appeal to registrar?

Miscellaneous-1


� PMLA :Punishment- max 7 years, Burden of Proof – offender� Limitation Act- Section 12, mortgage by foreclosure- 30 years,

condonation of delay under which Section, limitation period for enforcement of decree of mandatory injunction

� Bankers Books Evidence Act – Book of Account� Arbitration and Conciliation - Commencement of arbitration,

Arbitration Institutions

Miscellaneous-2


� RERA Act- Time Limit to dispose off appeal, order , Registration under Section 9, Section 4,

� Banking Ombudsman :Who appoints?, Appeal to?, Max amount of compensation, time limit to file complaint

� Indian Stamp Act- Adjudicated by?, which stamp can be affixed or cancelled? Stamp duty on demand promisory note is fixed by?

� IT Act� Industrial Disputes Act

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Previous Year Questions...Situation based question- Cheque holder Interim Deposit under NI Act–...

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