Taxmann's Current Affairs & Quantitative Aptitude (Paper 4) | CRACKER

Page 1

5*Number Systems

6*Fundamental Arithmetical Operations

*Newly Added Chapters.

#We have made sincere efforts to give current position of the various questions asked in the exams. Records are also advised to verify the current position of the same.

Memory) Ch. No. Chapter Name2020202120222023Average Aug.Dec.Jan.MayNov.Jan.MayNov.Jan.JulyNov. Part A (Legal Aptitude) 1International and National Affairs 435864674665.36 2Financial Affairs 3412226-8653.90 3Political Affairs552235242223.09 4Legal and Other Affairs 337344141123.00 Part B (Logical Reasoning)
Chapter-wise Marks Distribution (Based on
I-5

Chapter-wise Comparison with Study Material

Ch. No. Chapter NameStudy Material Chapter Part A (Current Affairs) 1International and National Affairs 1 & 5 2Financial Affairs 2 3Political Affairs 3 4Legal and Other Affairs 4 Part B (Quantitative Aptitude) 5Number Systems 6 6Fundamental Arithmetical Operations 7 I-7
PAGE Chapter-wise Marks Distribution (Based on Memory) I-5 Chapter-wise comparison with Study Material I-7 PART A CURRENT AFFAIRS CHAPTER 1: International & National Affairs 1.3 CHAPTER 2: Financial Affairs 2.1 CHAPTER 3: Political Affairs 3.1 CHAPTER 4: Legal and Other Affairs 4.1 PART B QUANTITATIVE APTITUDE CHAPTER 5 Number Systems 5.3 CHAPTER 6 Fundamental Arithmetical Operations 6.1 I-9 Contents

CHAPTER

A QUICK REVIEW

Three tier structure: India has a single and unified judicial system with three tier structure, i.e., Supreme Court, High Courts and Subordinate Courts.

Constitutional Provisions:

Under Part V (The Union) and Chapter 6 (The Union Judiciary). Articles 124 to 147 in Part V of the Constitution deal with the organisation, independence, jurisdiction, powers and procedures of the Supreme Court.

The Indian constitution under Article 124(1) states that there shall be a Supreme Court of India constituting of a Chief Justice of India (CJI) and, until Parliament by law prescribes a larger number, of not more than seven other Judges.

Judicial Strength of Supreme Court

Originally: 8 (one Chief Justice and seven other judges).

At present: 34 (including the CJI) [after Supreme Court (Number of Judges) Bill of 2019]

The Parliament is authorised to regulate them.

Appointment of Judges of the Supreme Court:

By the President

CJI: By the President after consultation with such Judges of the Supreme Court and High Courts as he deems necessary

Other Judges: By the President after consultation with the CJI (obligatory) and such other Judges of the Supreme Court and the High Courts as he deems necessary

The consultation with the Chief Justice is obligatory in the case of appointment of a Judge other than Chief Justice.

The following are the two important judgments on Statutory Tribunals:

1.Madras Bar Association v Union of India

Three-Judge Bench consisting of Justices Nageswara Rao, Ravindra Bhat and Hemant Gupta

4
4.1

2Municipal Corporation of Greater Mumbai v Ankita Sinha

3SC on Special Investigative Bodies

The bench struck down provisions of the Tribunals Reforms (Rationalisation and Conditions of Service) Ordinance, 2021 related to terms of services of Chairperson, Vice-Chairperson and other members of statutory tribunals.

The Court struck down the provision that set the tenure of members to four years on the grounds that the security of tenure and salary for tribunal members is key to their independence. The provisions violated the principle of separation of powers.

The National Green Tribunal (NGT) issued orders in exercise of suo motu powers.

16 appeals were filed before the Supreme Court against Orders of the National Green Tribunal (NGT) by various State Governments and corporations. The appeals challenged the NGT’s suo motu powers on the basis that the NGT was a statutory tribunal, and did not inherently have suo motu powers as they were not explicitly mentioned in the National Green Tribunal Act, 2010.

On October 7th, 2021, a three-Judge Bench held that the NGT may exercise suo motu powers to execute its functions (to better serve its mandate) under the NGT Act, 2010.

1. Powers of Agencies Investigating Economic Offences

Vijay Madanlal Choudhary v. Union of India

2. Executive Discretion in CBI and ED Director Term Extension

Mahua Moitra v Union of India

3. Zakia Jafri’s Protest Petition Against the Gujarat Riots SIT

Zakia Ehsan Jafri v State of Gujarat

Supreme in State: As Supreme Court is the apex court; the High Court is the supreme judicial body in a state.

It is the final interpreter of the constitution.

Constitutional Provisions:

Article 214: Each state of India shall have a High Court.

Articles 215 and 26: Every High Court shall be a Court of record and shall have all the powers of such a Court including the power to punish for contempt of itself.

Every High Court shall consist of a Chief Justice and such other Judges as the President may from time to time deem it necessary to appoint.

4.2 PART A : CURRENT AFFAIRS

There are following 25 High Courts in India, three having control over more than one State.

YearNameTerritorial JurisdictionSeat & Bench

1862BombayMaharashtra Dadra & Nagar Haveli and Daman Diu Goa

1862KolkataWest Bengal Andaman & Nicobar islands

1862MadrasTamil Nadu Pondicherry

1866AllahabadUttar Pradesh

1884KarnatakaKarnataka

Seat: Mumbai

Bench: Panaji, Aurangabad, and Nagpur

Seat: Kolkata

Bench: Port Blair

Seat: Chennai

Bench: Madurai

Seat: Allahabad

Bench: Lucknow

Seat: Bengaluru

Bench: Dharwad and Gulbarga

1916PatnaBihar Patna

1948GuwahatiAssam Nagaland Mizoram

Arunachal Pradesh

Seat: Guwahati

Bench: Kohima, Aizawl, and Itanagar

1949OdishaOdisha Cuttack

1949RajasthanRajasthan

1956Madhya PradeshMadhya Pradesh

Seat: Jodhpur

Bench: Jaipur

Seat: Jabalpur

Bench: Gwalior and Indore

1958KeralaKerala & Lakshadweep Ernakulam

1960GujaratGujarat Ahmedabad

1966Delhi DelhiDelhi

1971Himachal Pradesh Himachal PradeshShimla

1975Punjab & Haryana Punjab, Haryana & Chandigarh Chandigarh

1975SikkimSikkim Gangtok

2000ChhattisgarhChhattisgarh Bilaspur

2000UttarakhandUttarakhand Nanital

2000JharkhandJharkhand Ranchi

2013TripuraTripura Agartala

CH. 4 : LEGAL AND OTHER AFFAIRS 4.3

YearNameTerritorial JurisdictionSeat & Bench

2013ManipurManipur Imphal

2013MeghalayaMeghalaya Shillong

2019TelanganaTelangana Hyderabad

2019Andhra PradeshAndhra Pradesh Amravati

2019Jammu & Kashmir and Ladakh

(Note: In 1928, Jammu & Kashmir High Court was established. Post-bifurcation of J&K into two union territories; there is now a common High Court.)

Jammu & Kashmir and Ladakh

The Seventh Amendment Act of 1956 states that the Parliament can establish a common High Court for two or more states and/or union territory.

Among the Union Territories Delhi alone has a High Court of its own. Other six Union Territories come under the jurisdiction of different State High Courts.

Among the States Goa, Arunachal Pradesh, Mizoram and Nagaland does not have its own High Court

Tribunals are not originally a part of the Constitution of India. They were introduced in 1985.

The 42nd Amendment Act introduced these provisions in accordance with the recommendations of the Swaran Singh Committee.

The enactment of Administrative Tribunals Act in 1985 opened a new chapter in the sphere of administering justice to the aggrieved government servants.

The Amendment introduced  Part XIV-A to the Constitution. This Part is called ‘Tribunals’ and it contains two articles.

Article 323A: Administrative Tribu-

nals.

Administrative tribunals are quasi-judicial institutions that resolve disputes related to the recruitment and service conditions of persons engaged in public service. (i.e., in respect of service matters of employees covered by it)

Article 323B : Tribunals

for other subjects

Taxation

Industrial and labour

Foreign exchange, import and export Land reforms

Food

The ceiling on urban property

Elections to Parliament and state legislatures

Rent and tenancy rights

4.4 PART A : CURRENT AFFAIRS

Article 323A: Administrative Tribunals.

Tribunals under 323A can be established only by the Parliament.

There can be only:

one tribunal at the centre and one for each state (or two or more states),

Under Article 323A, the Central Administrative Tribunal (CAT) and the State Administrative Tribunals were established.

Central Administrative Tribunal (CAT):

Article

323B : Tribunals for other subjects

The tribunals under 323B can be established by both the Parliament and the State Legislature.

There can be a hierarchy of these tribunals.

Some of the tribunals created under 323B are:

National Green Tribunal

Competition Appellate Tribunal

Securities Appellate Tribunal (SAT), etc.

The CAT was set up on 1st November 1985.

There are 17 Benches and 21 Circuit Benches in the CAT all over India. In addition to the Ministries and Departments of Central Government, the Government of India has notified about 214 organizations under section 14(2) of the Administrative Tribunals Act, 1985 to bring them within the jurisdiction of the Central Administrative Tribunal, from time to time.

In addition the Central Administrative Tribunal, Principal Bench is dealing with the matters of Govt. of National Capital Territory of Delhi.

As a result of the judgment dated 18 March 1997 of the Supreme Court, the appeals against the Orders of an Administrative Tribunal shall lie before the Division Bench of the concerned High Court.

The aggrieved person can also appear before it personally. The Government can present its case through its departmental officers or legal practitioners.

Objectives:

To deliver speedy, inexpensive and decentralised adjudication of disputes in various matters.

To avoid the regular courts’ route for dispensation of disputes.

To act as specialised government agencies like boards having decision-making powers conferred upon them by law.

Latest Update about Tribunals in India: The Tribunal Reforms Bill, 2021 was passed in both Houses of the Parliament in August 2021. The bill replaced the ordinance which had been introduced in Feb. 2021. On 13th February 2021, the finance minister had introduced an ordinance in the Lok Sabha, named ‘The Tribunals Reforms (Rationalisation and Conditions of Service) Ordinance 2021.’ The ordinance seeks to amend the Finance Act of 2017. Through the said ordinance, the government seeks to dissolve the following appellate bodies and tribunals:

1. The Airport Appellate Tribunal

2. Appellate Board established under the Trade Marks Act, 1999

CH. 4 : LEGAL AND OTHER AFFAIRS 4.5

3. The Authority of Advance Ruling established under the Income-tax Act, 1961

4. The Film Certification Appellate Authority established under the Cinematograph Act, 1952 Tribunal vs. Court: Tribunal is the Quasi-judicial body with the power to try cases of special matter which are conferred on them by statutes. The court is a part of the traditional judicial system whereby judicial powers are derived from the state.

The NCLT is a quasi-judicial body in India adjudicating issues concerning companies in the country.

It was formed on June 1, 2016, as per the provisions of the Companies Act 2013 (Section 408) by the Indian government. In fact, it was formed based on the recommendations of the Justice Eradi Committee that was related to insolvency and winding up of companies in India.

The Benches of NCLT are set up by Ministry of Corporate Affairs.

In the first phase One Principal Bench at: New Delhi

10 Benches at:

New Delhi, Ahmedabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Hyderabad, Kolkata and Mumbai.

As of now

15 NCLT benches.

Each Bench is headed by a President, 16 judicial members, and 9 technical members.

The current and the first President of the NCLT principal bench is Chief Justice (Rtd.) Shri MM Kumar

Role of the National Company Law Tribunal: As the NCLT is established under the Companies Act, 2013, it has the role to settle disputes in relation to the companies. It also handles the structures and laws of the companies.

NCLT Functions:

(

a) All proceedings under the Companies Act such as arbitration, arrangements, compromise, reconstruction, and winding up of the company will be disposed of by the Tribunal.

(b) The NCLT is also the Adjudicating Authority for insolvency proceedings under the  Insolvency and Bankruptcy Code, 2016. In these subjects, no civil court will have jurisdiction.

(c) The NCLT has the authority to dispose of cases pending before the Board for Industrial and Financial Reconstruction (BIFR), as well as, those pending under the Sick Industrial Companies (Special Provisions) Act, 1985.

(d) To take up those cases pending before the Appellate Authority for Industrial and Financial Reconstruction.

4.6 PART A : CURRENT AFFAIRS

It was constituted under  Section 410 of the Companies Act, 2013 for hearing appeals against the orders of National Company Law Tribunal with effect from 1st June, 2016.

NCLAT is also the Appellate Tribunal for hearing appeals against the orders passed by:

NCLT(s) under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC).

Insolvency and Bankruptcy Board of India under Section 202 and Section 211 of IBC.

to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India (CCI)

On 08th November, 2021 Retired Supreme Court judge Ashok Bhushan has joined as the Chairperson of the National Company Law Appellate Tribunal.

Red, Amber and Green Companies:

On the basis of their financial health and ability to service debt obligations to secured and unsecured creditors, the companies are divided into three categories:  Red Companies: are those with no cash and not in a position to pay any creditor.

Amber companies: are those with enough to pay secured creditors but not unsecured creditors.

Green companies: are those firms which have enough money to service all their debts, to the secured as well as unsecured creditors.

The ICSI is the only recognized professional body in India to develop and regulate the profession of Company Secretaries in India.

It was set up under an Act of Parliament, the Company Secretaries Act, 1980.

The ICSI was incorporated by the Government of India on 4th October, 1968, ICSI functions under the jurisdiction of the Ministry of Corporate Affairs, Government of India.

The Institute provides top-quality education to the students of Company Secretaries (CS) Course and best quality set standards to CS Members. At present, there are more than 65,000 members and around 2.5 Lakhs students on the roll of ICSI.

ICSI has its:

Headquarters at New Delhi

Four Regional Offices at New Delhi, Chennai, Kolkata, Mumbai

One ICSI - Centre for Corporate Governance, Research and Training (CCGRT), Navi Mumbai

One ICSI Centre of Excellence, Hyderabad and 72 Chapters across India.

ICSI in News:

New President and Vice President for the year 2022 w.e.f. 19th January 2022.

CH. 4 : LEGAL AND OTHER AFFAIRS 4.7

President: CS Devendra V. Deshpande

Vice President: CS Manish Gupta

Celebration of 53rd Foundation Day of ICSI

The Institute completed 53 years of its establishment on 4th October, 2021.

To mark the 53rd Foundation Day of the ICSI, a commemoration event was organised on Monday, the 4th of October, 2021, on the theme “Powering Atmanirbhar Bharat through Entrepreneurship and Innovation” at Vigyan Bhawan, New Delhi.

Hon’ble Union Minister of Finance & Corporate Affairs, Government of India, Smt. Nirmala Sitharaman, graced the occasion as the Chief Guest. 22nd National Conference of Practising Company Secretaries in December 03, 2021

Theme ‘Passion for Profession: Empowering Entrepreneurship & Excellence’

It was inaugurated in Kolkata on December 03, 2021.

Chief Guest: Dr. Navrang Saini, Chairperson (Designate) & Whole Time Member, IBBI

Special Guest: Swami Suparnananda ji, Secretary, The Ramakrishna Mission Institute of Culture

Celebration of 49th National Convention of Company Secretaries

The Institute organizes every year an annual mega congregation of Company Secretaries National Convention of Company Secretaries. This year, 49th National Convention of Company Secretaries on ‘Good Governance: The Universal Dharma’ was organised during January 6-8, 2022 at The Bangalore Palace, Bengaluru.

Chief Guest: Shri Thaawarchand Gehlot, Hon’ble Governor, Karnataka

Guest of Honour: Shri Basavaraj Bommai, Hon’ble Chief Minister, Karnataka

Special Guest: as the and Smt. Smriti Zubin Irani, Hon’ble Minister, Ministry of Women & Child Development, Government of India.

India, Pakistan most vulnerable to climate change: IPCC Report (March 02, 2022)

The second instalment of the ‘Intergovernmental Panel on Climate Change’ (IPCC) Report titled “Climate Change 2022: Impacts, Adaptations, and Vulnerability’ was released on February 28, 2022.

This report has cautioned that the extreme climatic conditions are threatening the food security South Asia with escalated droughts and floods making India and Pakistan the most vulnerable to climate change.

It also further mentioned that the temperatures enhance not only the ozone production but also the ozone uptake by plants, exacerbating yield and quality damage.

Impact on India: If it is assumed that the range of temperature increases from 1 degree to 4 degree Celsius, then

The rice production in India can decrease from 10 % to 30 %

The maize production can decrease from 25 per cent to 70 per cent

4.8 PART A : CURRENT AFFAIRS

National Energy Conservation Day 2021

National Energy Conservation Day is celebrated across India every year on December 14th to raise awareness about energy conservation.

The day is also known as Energy Efficiency Day.

The Union Ministry of Power celebrated National Energy Conservation Week under Azadi ka Amrit Mahotsav from December 8-14, 2021.

The Bureau of Energy Efficiency (BEE) of India had implemented the Energy Conservation Act in 2001.

The BEE is a constitutional entity that assists the government in the creation of energy saving policies and programmes.

India launched e-AMRIT Portal on electric vehicles at COP26

India on November 10, 2021, launched an electric vehicle awareness web portal called e-Amrit at the ongoing COP26 Summit in Glasgow, UK.

NITI Aayog Adviser Sudhendu Jyoti Sinha and the UK High-Level Climate Action Champion Nigel Topping attended the launch of e-Amrit.

The 26th Conference of Parties (COP26) Summit began on October 31, 2021.

e-AMRIT Portal

The e-AMRIT portal aims to accelerate the initiatives of the government on raising awareness of electric vehicles and sensitizing consumers on the benefits of adopting electric vehicles.

The e-AMRIT portal aims to be an accelerator of change and influence millions of users and stakeholders to adopt electric vehicles.

PLI and FAME are some of the schemes that are significant in the creation of an ecosystem for the early adoption of electric vehicles.

National Mission of Clean Ganga (NMCG)

The NMCG has been registered in the Guinness Book of World Records on the first day of Ganga Utsav- the River Festival 2021 for the highest number of photos of handwritten notes that were uploaded on Facebook in an hour.

Ganga Utsav 2021

The NMCG celebrates Ganga Utsav annually to mark the anniversary of the announcement of River Ganga as the National River.

The Union Minister for Jal Shakti Gajendra Singh Shekhawat on November 1, 2021, inaugurated the 5th edition of Ganga Utsav. The three-day festival is being organized from November 1-3, 2021.

Taking inspiration from PM Modi’s call for ‘Nadi Utsav’, the aim of the festival is to take Ganga Utsav to all the river basins in India.

The Continuous Learning and Activity Portal (CLAP) was also launched.

India’s first green hydrogen-based microgrid project in Andhra Pradesh (December 15, 2021)

National Thermal Power Corporation (NTPC) Limited, a state-run power giant, announced on February 15, 2021, that it has awarded a standalone fuel-cell based green hydrogen microgrid project at Simhadri (near Vishakhapatnam) in Andhra Pradesh.

This project is in line with PM Modi’s vision of the country becoming carbon neutral by 2070 and for making Ladakh a carbon-neutral territory.

CH. 4 : LEGAL AND OTHER AFFAIRS 4.9

Chandrayaan-3 launch scheduled for August 2023

The Chandrayaan-3 mission is the third planned lunar exploration mission by the Indian Space Research Organisation (ISRO).

It follows ISRO’s Chandrayaan-2 mission of July 2019, which though successfully deployed its orbiter around the Moon but failed to soft-land its lander and deploys its rover after a last-minute glitch in soft landing guidance software.

The Chandrayaan-2 was sent aboard the country’s most powerful geosynchronous launch vehicle, the GSLV-Mk 3. However, lander Vikram, instead of a controlled landing, ended up crash-landing on September 7, 2019, and prevented rover Pragyaan from successfully travelling on the surface of the moon. Had the mission been successful, it would have been the first time a country landed its rover on the moon in its maiden attempt.

The Chandrayaan-3 mission is expected to be launched in August 2023, S. Somnath, Chairman, Indian Space Research Organisation (ISRO), said (in October 2022) on the sidelines of a conference.

Chandrayaan-3 is not a replica of Chandrayaan-2. It also has rover but the engineering is significantly different.

New ISRO Chief

Shri S. Somanath has been appointed as the new Chief of the Indian Space Research Organisation (ISRO). He assumed the charge of Secretary, Department of Space and Chairman, Space Commission on 14th January 2022.

The Appointments Committee of the Cabinet (ACC) approved the appointment of S. Somanath to the post of Secretary, Department of Space and ISRO Chairman on January 12, 2022 for a combined tenure of three years from the date of joining of the post.

He succeeded K. Sivan as the new ISRO Chairman on completion of his tenure on January 7, 2022.

Digital Sansad application

Lok Sabha Speaker Om Birla has launched the official mobile application of the Parliament named ‘Digital Sansad App’ on January 27, 2022, to allow citizens to access live proceedings of the House, including the Union Budget 2022 live. The app will make the Parliament and Parliamentary proceedings accessible not only to the members but also to the public of the country.

Through the Digital Sansad App, citizens can check what their members of Parliament are doing, what debates they are participating in and what they are saying.

Using the app, parliamentarians can also digitally log their attendance.

The app contains information on budget speeches since 1947. The archive on House discussions will be from the 12th to the 17th Lok Sabha session.

O-SMART Scheme

O-SMART is acronym of ‘The Ocean Services, Modelling, Applications, Resources and Technology’.

4.10 PART A : CURRENT AFFAIRS

This scheme was approved by the Union Cabinet chaired by PM Narendra Modi on August 29, 2018 and implemented by the Ministry of Earth Sciences.

It aims at stepping up ocean research and setting up early warning weather systems.

It addresses ocean development activities such as services, technology, resources, observations and science and provides necessary scientific and technological background required for implementation of various aspects of Blue Economy.

The Cabinet Committee on Economic Affairs on November 24, 2021, approved for continuing the umbrella scheme ‘O-SMART’ during 2021-26 at a cost of Rs 2,177 crores.

Indian scientists discover exoplanet

A new exoplanet with a mass of 1.5 times that of the Sun and about 1.4 times bigger than Jupiter has been discovered by the exoplanet search and study group at the Ahmedabad-based Physical Research Laboratory (PRL).

Professor Abhijit Chakraborty led the discovery team comprising students and international collaborators from the US and Europe. The exoplanet located at 725 light-years away is the second discovery by the PRL scientists,  the first  exoplanet K2-236b at 600 light-years away was discovered in 2018

Exoplanets:

The US space agency NASA defines exoplanets are planets that orbit around other stars.

These planets are found outside of the Solar System

All planets in the Solar System orbit around the Sun.

Samudrayaan Mission: India’s first unique manned ocean mission (October 30, 2021)

The Ministry of Earth Sciences (MoES) has launched India’s first manned ocean mission “Samudrayaan” in Chennai.

With this Unique Ocean Mission, India joined  the elite club of nations such as  the US, Russia, France, Japan, and China to have niche technology and vehicles to carry out subsea activities.

It is India’s first unique manned ocean mission that aims to send men into the deep sea in a submersible vehicle for  deep-ocean exploration and  mining of rare minerals.

It will send three persons in a manned submersible vehicle MATSYA 6000 to a depth of 6000 metres into the sea for deep underwater studies.

Submarines go only about 200 metres.

It is a part of the Rs 6000-crores Deep Ocean Mission.

Astronomers discover closest black hole to earth: November 4, 2022

Gemini North telescope on Hawai reveals first dormant, stellar-mass black hole in our cosmic backyard. This black hole is called as “Gaia BHI”.

Black holes are the most extreme objects in the Universe. Supermassive versions of these unimaginably dense objects likely reside at the centers of all large galaxies. Stellar-mass black holes -- which weigh approximately five to 100 times the mass of the Sun -- are much more common, with an estimated 100 million in the Milky Way alone.

CH. 4 : LEGAL AND OTHER AFFAIRS 4.11

Astronomers using the International Gemini Observatory, operated by NSF’s NOIR Lab, have discovered the closest-known black hole to Earth. This is the first unambiguous detection of a dormant stellar-mass black hole in the Milky Way. Its close proximity to Earth, a mere 1600 light-years away, offers an intriguing target of study to advance our understanding of the evolution of binary systems.

PREVIOUS YEAR QUESTIONS ALONG WITH IMPORTANT QUESTIONS FOR EXAMINATION

(c) Monarchy

(d) Oligarchy

1. The Supreme Court has directed the Central Government to provide PPEs to doctors, medical staff attending to Coronavirus patients. What does PPE stand for?

(a) Protective Patient Evaluation

(b) Protective Patient Equipment

(c) Personal Patient Evaluation

(d) Personal Protective Equipment

[ICSI Mock Test Paper]

2. Recently, Supreme Court approved the separate High Court for which of the following States?

(a) Kerala

(b) Odisha

(c) West Bengal

(d) Andhra Pradesh

[ICSI Mock Test Paper]

3. Which one of the following is the highest judicial court?

(a) Benches of NCLT

(b) National Company Law Appellate Tribunal

(c) High Court

(d) Supreme Court

4. Under the Constitution of India, the Supreme Court of India is:

(a) The final court of appeal

(b) The highest constitutional court

(c) Having the power of judicial review

(d) All of the above

5. India is a ________ State.

(a) Federal

(b) Unitary

6. India has a single and unified judicial system with ________ tier structure.

(a) Single

(b) Double

(c) Three

(d) Four

7. In September 2021, the new judges were administered the oath of office as Judges of the Supreme Court by Chief Justice of India N.V. Ramana. How many judges among them were women?

(a) Five

(b) Two

(c) Six

(d) Three [CSEET May 2022]

8. The tier structure of the judicial system of India includes:

(a) Supreme Court

(b) High Court

(c) Subordinate Court

(d) All of the above

9. The Supreme Court of India consists of Chief Justice of India and a maximum of ________ number of judges.

(a) 10

(b) 25

(c) 34

(d) 40

10. Who among the following has been appointed as 50th Chief Justice of India effective from 9th November, 2022?

(a) Vineet Saran

(b) Shripathi Ravindra Bhat

4.12 PART A : CURRENT AFFAIRS

(c) Dhananjaya Y. Chandrachud

(d) Uday Umesh Lalit

[CSEET e-Bulletin COMMUNIQUE October 2022]

11. The Supreme Court of India came into being on 28th January 1950 and replaced ________________

(a) Federal Court of India

(b) Judicial Committee of the Privy Council

(c) Both (a) & (b)

(d) None of these

12. The first Chief Justice of Supreme Court of India was

(a) M. Patanjali

(b) H.J. Kania

(c) Mehr Chand Mahajan

(d) Bijan Kumar Mukherjea

13. Who is the current Chief Justice of India serving as the 48th Chief Justice of India?

(a) N.V. Ramana

(b) Ranjan Gogoi

(c) Syed Rafat Alam

(d) None of the above

14. Who among the following is the shortest Chief Justice of Supreme Court of India (Just 17 days)?

(a) Y.N. Chandrachud

(b) Kamal Narain Singh

(c) H.J. Kania

(d) None of the above

15. Articles 124 to 127 in Part V of the constitution deals with ________ of the Supreme Court.

(a) Organisation

(b) Independence and jurisdiction

(c) Power and Procedures

(d) All of the above

16. There are multiple powers of the Supreme Court. The jurisdiction of the Supreme Court of India includes:

(a) Original Jurisdiction

(b) Appellate Jurisdiction

(c) Advisory Jurisdiction

(d) All of the above

17. The Supreme Court (Number of Judges) Bill of 2019 has added ________ number of judges to judicial strength of 34, including the CJI.

(a) Two

(b) Four

(c) Five

(d) Six

18. Originally, the judicial strength of the Supreme Court was fixed at ________ (one chief justice and ________ other judges).

(a) Eight, Seven

(b) Nine, Eight

(c) Ten, Nine

(d) Ten, Ten

19. The Indian Constitution under Article 124(1) states that there shall be a Supreme Court of India constitution of a chief Justice of India and, until parliament by law prescribes a larger number, of not more than ________ others judges.

(a) Six

(b) Seven

(c) Eight

(d) Nine

20. In 2021, the Supreme Court of India launched an Artificial Intelligence(AI) based portal through which it intends to leverage machine learning to deal with the vast amounts of data received at the time of filing of cases. Identify the name of this portal.

(a) AIRAWAT

(b) SUPACE

(c) RAISE

(d) UDAAN [CSEET Jan. 2022]

21. Who has become the 49th Chief Justice of India?

(a) Vineet Saran

(b) Shripathi Ravindra Bhat

(c) Uday Umesh Lalit

(d) Dhananjaya Y. Chandrachud [CSEET e-Bulletin COMMUNIQUE September 2022]

CH. 4 : LEGAL AND OTHER AFFAIRS 4.13

Current Affairs & Quantitative Aptitude (Paper 4) | CRACKER

PUBLISHER : TAXMANN

DATE OF PUBLICATION : FEBRUARY 2024

EDITION : 3RD EDITION

ISBN NO : 9789357781350

NO. OF PAGES : 244

BINDING TYPE : PAPERBACK

Description

This book is prepared exclusively for the CS-Executive Entrance Test (CSEET) of the Company Secretary Examination requirement. It covers the questions (topic-wise) & detailed answers strictly as per the new syllabus of ICSI. This book tests the understanding of the following:

u To test the awareness of candidates regarding current affairs of national and international importance

u To test the listening and writing skills of the candidates

The Present Publication is the 3rd Edition for the CSEET | New Syllabus | May 2024 Exams. This book is authored by CA (Dr) K.M. Bansal and Praveen Baldua, with the following noteworthy features:

u Strictly as per the New Syllabus of ICSI

u Coverage of this book includes:

 Past Exam Questions (Topic-wise)

 Questions from the CSEET e-Bulletin of ICSI

 Memory Based Past Exam Questions along with important questions for the Exam

 Mock Test Papers (MTPs) of ICSI

u [Rapid Reviser] has also been included in this book

u [Marks Distribution] Chapter-wise marks distribution from August 2020 onwards

u [ICSI Study Material Comparison] has been provided chapter-wise

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