Sources and Types of Law in India
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Questions and Answers

What is the ultimate law-making body in India?

  • Parliament (correct)
  • Supreme Court
  • State Assemblies
  • Federal Court

    • Which legal document serves as the basis for all laws in India?

  • Government of India Act, 1935
  • Indian Penal Code
  • Constitution of India (correct)
  • Civil Procedure Code

    • What are the three lists mentioned in the Indian Constitution for law-making power?

  • Central List, State List, and Joint List (correct)
  • Federal List, Central List, and Joint List
  • Central List, State List, and Concurrent List
  • Parliamentary List, Municipal List, and Federal List

    • What kind of jurisdiction did the Federal Court established in 1937 originally have?

    <p>Appellate, original, and advisory jurisdiction</p> Signup and view all the answers

    Which of the following is a central subject as defined by the Indian Constitution?

    <p>Income Tax</p> Signup and view all the answers

    What significant transition did the Government of India Act, 1935 bring about?

    <p>It defined the government characteristics from unitary to federal.</p> Signup and view all the answers

    Which of the following is NOT a source of law in India?

    <p>Religious Texts</p> Signup and view all the answers

    What powers are granted to the Federal Court in its advisory jurisdiction?

    <p>To advise the Governor-General</p> Signup and view all the answers

    What is the primary concern of the Ministry of Finance in India?

    <p>Economic management</p> Signup and view all the answers

    Who has presented the maximum number of Union Budgets as Finance Minister?

    <p>Shri.Morarji Desai</p> Signup and view all the answers

    Which of the following services is NOT controlled by the Ministry of Finance?

    <p>Indian Foreign Service</p> Signup and view all the answers

    What important annual event does the Ministry of Finance conduct?

    <p>Union Budget presentation</p> Signup and view all the answers

    Which of the following roles does the Ministry of Finance NOT manage?

    <p>Television regulation</p> Signup and view all the answers

    How many Union Budgets did Shri.Pranab Mukherjee present?

    <p>8</p> Signup and view all the answers

    Which Ministry serves as the Treasury of India?

    <p>Ministry of Finance</p> Signup and view all the answers

    Which one of these is a function of the Ministry of Finance?

    <p>Presentation of the Union Budget</p> Signup and view all the answers

    Which department deals with the management of legal affairs in India?

    <p>Department of Legal Affairs</p> Signup and view all the answers

    What is the role of the Legislative Department in the Ministry of Law and Justice?

    <p>Drafting of principal legislation</p> Signup and view all the answers

    Which ministry is responsible for the Securities and Exchange Board of India (SEBI)?

    <p>Ministry of Finance</p> Signup and view all the answers

    When was the Securities and Exchange Board of India (SEBI) established?

    <p>12 April, 1988</p> Signup and view all the answers

    Which department of the Ministry of Home Affairs focuses on Jammu, Kashmir, and Ladakh affairs?

    <p>Department of Jammu, Kashmir and Ladakh Affairs</p> Signup and view all the answers

    What statutory powers were granted to SEBI through the SEBI Act?

    <p>Regulation of securities and commodity markets</p> Signup and view all the answers

    What is the first step in the process of making a law in parliament?

    <p>The law is proposed as a Bill.</p> Signup and view all the answers

    Which of the following is NOT a function of the Department of Justice?

    <p>Drafting principal legislation</p> Signup and view all the answers

    Which of the following is governed by the Indian Penal Code, 1860?

    <p>Criminal Law</p> Signup and view all the answers

    Which entity was established as an executive body before receiving statutory powers?

    <p>Securities and Exchange Board of India (SEBI)</p> Signup and view all the answers

    What must occur after a law is passed in Lok Sabha for it to become effective?

    <p>It must obtain the assent of the President.</p> Signup and view all the answers

    Civil Law mainly focuses on which of the following aspects?

    <p>Dispute resolution.</p> Signup and view all the answers

    What is the final step in the process of lawmaking after obtaining the President's assent?

    <p>The law is notified in the Official Gazette.</p> Signup and view all the answers

    Which of the following is NOT a type of law classified under the Indian legal system?

    <p>Religious Law</p> Signup and view all the answers

    What is a primary focus of the Code of Civil Procedure, 1908?

    <p>Dispute resolution processes</p> Signup and view all the answers

    Which criminal offence is explicitly mentioned as an example under criminal law?

    <p>Theft</p> Signup and view all the answers

    What role does the Reserve Bank of India (RBI) primarily serve?

    <p>Central bank and regulatory body for banking</p> Signup and view all the answers

    Where does the Reserve Bank of India print Indian currency notes?

    <p>Nashik and Dewas</p> Signup and view all the answers

    What is the purpose of the Deposit Insurance and Credit Guarantee Corporation established by RBI?

    <p>To provide insurance of deposits and guarantee credit facilities</p> Signup and view all the answers

    When was the Insolvency and Bankruptcy Board of India (IBBI) established?

    <p>1 October 2016</p> Signup and view all the answers

    Which entities does the Insolvency and Bankruptcy Board of India (IBBI) oversee?

    <p>Insolvency professionals and related entities</p> Signup and view all the answers

    What is one of the functions of the National Payments Corporation of India established by RBI?

    <p>To regulate payment and settlement systems</p> Signup and view all the answers

    What significant legal framework supports the function of the Insolvency and Bankruptcy Board of India (IBBI)?

    <p>Insolvency and Bankruptcy Code</p> Signup and view all the answers

    Which tribunals are involved in handling cases under the Insolvency and Bankruptcy Board of India (IBBI)?

    <p>National Company Law Tribunal and Debt Recovery Tribunal</p> Signup and view all the answers

    Study Notes

    Sources of Law in India

    • The main sources of law in India are the Constitution, statutes, precedents, and customs.
    • The Constitution is the supreme law of the land, defining the framework for the Indian democracy.
    • The Indian Parliament and State Assemblies pass laws called statutes, which have jurisdiction over the entire country or specific states.
    • Precedents, or judicial decisions by courts, create binding legal guidelines for future cases.
    • Customs and usages, though less prominent, are recognized as sources of law in specific contexts.

    Lawmaking Process

    • A proposed law is called a "Bill" and is debated and passed in both the Lok Sabha and Rajya Sabha.
    • The President's assent is required for the Bill to become a law.
    • The law becomes effective once published in the Official Gazette of India.
    • A law that has been passed and is effective is known as an "Act of Parliament."

    Types of Laws

    • Criminal law deals with offenses against the public good, governed by the Indian Penal Code (IPC) and the Code of Criminal Procedure (CrPC).
    • Civil law handles disputes between individuals or organizations, focusing on dispute resolution rather than punishment.
    • Civil law is governed by the Code of Civil Procedure (CPC) and includes areas such as contract law, family law, property law, and tort law.
    • The Principles of Natural Justice embody fundamental fairness in legal proceedings.

    Key Government Ministries and their Roles

    • The Ministry of Finance is responsible for financial matters, including taxation, financial legislation, and the Union Budget.
    • The Ministry of Home Affairs handles internal security, border management, and official language matters.
    • The Ministry of Law and Justice oversees legal affairs, including legislative drafting, administration of justice, and legal advice to government ministries.

    Important Regulatory Bodies

    • The Securities and Exchange Board of India (SEBI) regulates the securities and commodity markets.
    • The Reserve Bank of India (RBI) is the central bank, responsible for monetary policy, banking regulation, and managing the rupee.
    • The Insolvency and Bankruptcy Board of India (IBBI) oversees insolvency proceedings and regulates insolvency professionals.

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    Description

    Explore the foundational elements of law in India, including the Constitution, statutes, and judicial precedents. This quiz also covers the lawmaking process and different types of laws, including criminal law. Test your knowledge of how laws are crafted and enforced within the Indian legal framework.

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