MCQ Arbitration With Answers
MCQ Arbitration With Answers
There are total 86 sections in this Act and it is divided into 4 parts, in which
Part I deals with General provisions on arbitration, Part II deals with the
Enforcement of certain foreign awards, Part III deals with conciliation and
Part IV deals with the Supplementary provisions.
section 16 of the Arbitration Act, 1940. The date of award was 1st June,
1992. The Arbitration and Conciliation Act came into force on 22 August,
2. Which of the following model law was used by the Indian Arbitration
A. Constitution of India
D. UNCITRAL, 1985.
Act, 1996?
jurisdiction
process
4. The power of court to refer parties for arbitration would and must
A. domestic award
B. foreign award
C. general award
D. international award.
Act, 1996
of defence is made.
down in:
1999 SC 2102.
D. Orma Impex Pvt. Ltd. v. Nissuri Arb. Pte. Ltd., AIR 1999 SC
2871.
A. Orma Impex Pvt. Ltd. v. Nissuri Arb. Pte Ltd., AIR 1999 SC 2871
1999 SC 2102
C. M.M.T.C. Ltd. v. Sterlite Industris (India) Ltd., AIR 1997
SC 605
11. An arbitrator:
arbitrated
arbitral tribunal
C. may be oral
B. must state the reasons upon which it is based only when the
tribunal.
15. After the arbitral award is made, each party shall be delivered
interest
A. @ 6% per annum from the date of the award till the date of
payment
B. @ 12% per annum from the date of the award till the date of
payment
C. 18% per annum from the date of the award till the date of
payment
D. 24 % per annum from the date of the award till the date of
payment.
respectively.
were a decree of
A. local authority
B. the court
C. the tribunal
A. the time for making an application for setting aside the arbitral
contract
B. an arbitral award can be set aside if the arbitral tribunal has not
justice or morality
than India
A. integral arbitration
B. consensual arbitration
C. domestic arbitration
conciliation
B. a compulsory arbitration
or for both
means
D. presiding officer.
by a suitable
A. institution
B. person
reasons
statement of defence
proceedings
1940
contractual or not.
nature
criminal nature.
defined in:
A. section 2(1)(e)
B. section 2(1)(g)
C. section 2(1)(f)
district.
43. The word ‘arbitration’ in 1996 Act connotes the same meaning
as contained in:
appointed by:
A. Parties themselves
B. Attorney-General of India
A. parties themselves
B. State.
C. Centre
C. MCD v. Pradeep Oil Mills Pvt." Ltd., AIR 2010 Del 119
D. none of the above.
agreement.
the parties
A. Art. 235
B. Art. 299
C. Art. 39
arbitration agreement
A. shall be in writing
B. may be oral
clause
Act, 1996
accompanied by
thereof
under section 8,
A. stayed
1996 are
A. pre-emptory
B. directory
C. discretionary
D. optional.
A. bars the court from referring the parties to arbitration once the
C. does not bar the court from referring the parties to arbitration
party who has brought the action has any objection to it or not
61. While considering the grant of interim measures, the Court may
see whether:
granted.
include:
B. appointment of receiver
C. securing the amount in dispute in arbitration
interim measures:
award
64. In case of three arbitrators, the ‘third arbitrator’ shall act as:
A. an umpire
B. a Presiding Arbitrator
C. sole arbitrator
1998 SC 1761
B. K.K. Modi v. KN. Modi, AIR 1998 SC 1297
605
565.
A. by the parties
B. by designated authority
C. by arbitral institution
within:
A. thirty days
B. sixty days
C. forty days
D. ninety days
the parties
of an impartial arbitrator.
70. Under section 10, Arbitration and Conciliation Act, 1996, the
A. three arbitrators
B. five arbitrators
C. sole arbitrator
arbitrator
arbitrator
76. A party.....
been made
C. may challenge an arbitrator appointed by him for reason known
made.
under section 11(6) of 1996 Act by the Chief Justice or his designate
is:
A. a judicial order
B. an administrative order
C. an interim order
C. finality of award l
arbitrator when:
B. he is a foreign national
arbitrator can be
challenge.
undue delay
86. The party applying for the enforcement of a foreign award shall,
country
B. original agreement for arbitration or a duly certified copy
thereof
foreign award
B. section 30
C. section 29
D. section 27.
proceedings when:
arbitral proceedings
B. when the claimant withdraws his disputed case and which is not
proceedings
relating to:
A. fees and expenses of the arbitrators
C. only (a)
93. Under section 32, the principle of res judicata is applicable in:
96. The provision for setting a side the arbitral award is laid down
under:
A. three months
B. thirty days
C. ninety days
D. forty days.
99. The delay in making an application for setting aside the arbitral
A. cannot be condoned
award
law
arbitral agreement
D. only (a).
A. bias
B. bribery
proceedings
includes:
order,
A. jurisdiction
B. limitation
A. section 41
B. section 42
C. section 44
D. section 40.
sought
October 1960.
B. that the award must have been made after 28th day of ]uly
1924
C. that the award must have been made on or after 12th day of
December 1971
policy of India
A. foreign award
A. interests of India
B. justice or morality
Convention
B. it applies to the jurisdiction of different parties to the
Geneva Convention
A. in general
B. in specific
C. in simplicitor
D. none of the above.
B. Geneva Conventions
C. Conciliation
A. Geneva Conventions
B. Conciliation
C. UNCITRAL
A. Domestic Arbitration
C. UNCITRAL
disputes
conciliation
A. voluntary conciliation
B. involuntary conciliation
C. directive conciliation
arbitrator
proceedings.
134. In Conciliation:
C. the parties come to any settlement only after the agreement ' of
under:
A. section 64
B. section 62
C. section 67
D. section 63.
down under:
A. section 64
B. section 67
C. section 62
D. section 61.
137. Section 64, which provides for the procedure for the
impartial manner
date of agreement
declaration
date of declaration
A. section 76
B. section 74
C. section 73
D. section 75.
142. Section 73 lays down the provisions for:
A. costs
C. confidentiality
D. settlement agreement.
to conciliation:
proceedings
proceedings
A. number of conciliators
B. appointment of conciliators
C. role of conciliators
C. Supplementary Provisions
A. section 76
B. section 73
C. section 75
D. section 74.
A. section 71
B. section 70
C. section 69
151. Under section 41, where a party cannot represent himself due
A. Official Assignee
B. Arbitrator himself
C. Receiver
D. both (a) and (c)
Tribunal
so
D. None of above.
157. The Arbitral Tribunal shall issue an order for termination of the
158. An appeal shall lie from which of the following orders to the
section 34
159. The party applying for the enforcement of a foreign award shall,
thereof l
foreign award
160. The party applying for the enforcement of a foreign award shall,
Act, 1996
ground
B. for adjournment
ground covered
1996
C. under section 30 of the Limitation Act, 1963
Conciliation Act, 1996 which Act has been applicable in India for
arbitration procedure
167 Delay, unpredictability and cost are considered as three main enemies of efficient
administration of justice.
A. Yes
B. No
C. Can not be said
2. The litigants are always interested in substantive justice and not procedural justice.
A. True
B. False
C. Litigants want both procedural as well as substantive justice
3. Indian ADR system is based on the Common law system
A. False
B. True
C. Mixed system of Civil and Common law system
4. ADR techniques include arbitration, conciliation, mediation and negotiation.
A. Yes
B. No
C. Yes, but LoK Adalat is also a type of ADR system
5. Arbitration can be ad-hoc, contractual, institutional or statutory
A. Yes
B. No
C. No only contractual
6. In a contractual arbitration the jurisdiction of courts can be completely ousted under 1996
Act
A. No
B. Yes, statutory provisions can be ousted
C. Yes, it can be partially ousted
D. Yes it can be ousted, but for enforcing the award interference of court is needed
7. Conciliation is a private, informal process in which a neutral third person helps disputing
parties to reach an agreement.
A. True
B. Partially true
C. True up to the extent that a neutral third person helps disputing parties to
reach an agreement
8. Conciliator would independently investigate into the dispute and draft his report
indicating the method of settlement of disputes.
A. True
B. False
C. The conciliator would take help from the disputing parties on the settlement
of the method
9. Mediation can be termed as assisted negotiation
A. No
B. Yes
C. Yes and the mediator plays the role of a facilitator in attaining cooperation
between the parties to the dispute
10. Bargaining is a common feature of the negotiation process.
A. The negotiation process provides the parties an opportunity to exchange ideas,
identify the irritant points of differences, find a solution, and get commitment
from each other to reach an agreement.
B. Even if a third party negotiator is involved in the process of negotiation, his role
would be limited to inducing the parties to the process of negotiation.
C. Mediators would have higher level of involvement in the settlement of disputes
when compared to that of negotiators.
D. All are true
E. All are false
11. Lok Adalats have been given the powers of a civil court under the Code Civil Procedure.
A. Yes
B. No
C. Yes, but with limited jurisdiction
12. The award made by the Lok Adalat is deemed to be a decree of the civil court like
arbitration Award
A. No
B. Yes
13. Section 75 of the Arbitration and Conciliation Act 1996 specifically provides for the
confidentiality of all matters relating to the proceedings.
A. False
B. True
C. Parties can inspect the records like court proceeding
14. "Court procedure is justice-oriented, whereas ADR’s merit also lies in the fact that the
process is participatory and solution-oriented".
A. Yes
B. No
C. There exist doubt on the given proposition
15. In Shakuntla Sawhney v. Kaushalaya Sawhney,[(1979) 3 SCR 232]the Supreme Court
has observed that “Finest hour of justice is the hour of compromise when parties after
burying the hatchet, re-unite by a reasonable and just compromise” Whether this
principle has been reflected in the ADR procedures mentioned in the Arbitration and
Conciliation Act 1996?
A. Yes
B. No the above principle has nothing to do with Arbitration and Conciliation Act
1996
C. The above principle has been formulated for CPC and not for Arbitration and
Conciliation Act 1996