>>Sample Interview Questions

>> General Questions

What is a statement of oath for use as evidence in legal proceedings? -AFFIDAVIT

 

What is an exclusive right of anauthor in his works?-COPYRIGHT

 

What is an Agreement under seal between two or more persons called?-COVENANT

 

What is a directive from a court of law ordering a person to appear before it at a specified date, time and place?-SUMMONS

 

What has been made as a single identity card for all securities/ stocks/MFs related transactions?-PAN Card

 

What is the right to reject any resolution or enactment by thelegislature called?-VETO

 

What is general and continuing rise in prices or fall in the value of money, leading to rising wages and
loss of savings called?-INFLATION

What is the borrowing by a country from foreign countries to meet the expenditure when domestic resources fall short called?-NATIONALDEBT

 

What is a tax levied by a municipal committee or a local body on goods brought within the municipal limits of a town called?-OCTROI

What is the role of SEBI ? -The role of SEBI is to regulate the operations of stock markets and issue of securities in the market so as to protect the interests of shareholders.It prescribes appropriate disclosure norms.

 

Whatis oligopoly ? -A market situation with very few producers/sellers of the product,wherein there is a possibility of a cartel.

 

What is the meaning of Ultra Virus ?
Ultra means in excess and virus means powers.Thus ultra virus means in excess of the authority which may have been granted.

Whatis meaning of 'suo moto?-Suo moto means on its own.The courts in India enjoy suo moto powers to take upmatters of general public interest without anybody filing a case for the same.