Vol.(2) 2026: IBPS’ Bank Law Officer Entrance/ Promotion Exam- (1-Liners)

Date of Upload: 30.09.2026

1. The term “Banking” is defined under Section______of the Banking Regulation Act, 1949—Section 5(b).
2. Which Section of the Banking Regulation Act, 1949 prohibits employment or continuance of employment of any person who is, or has been, convicted by a criminal court of an offence involving moral turpitude—Section 10.
3. The term ‘Arbitration’is defined under Section_______of the Arbitration and Conciliation Act, 1996(ACA)—Section 2(a).
4. The law declared by the Supreme Court shall be binding on all courts within the territory of India. It is so provided under which Article of the Constitution of India?—Article 141.
5. Which Chapter of the Code on Wages, 2019 (CoW) deals with the “Payment of Bonus”—Chapter-IV (Section 26 to 41).
6. Under Code on Wages, 2019, the total bonus amount shall not exceed______% of the wages earned by the employee in accounting year?—20 %.
7. The expression “Transfer of property” is defined under which Section of the Transfer of Property Act, 1882—Section 5.
8. Section 126 of the Indian Contract Act, 1872 defines?—Contract of Guarantee.
9. Maximum______numbers of partners can be in a partnership firm is—100 Partners. [As per Rule 10 of Companies (Misc.) Rules, 2014]
10. As per the Negotiable Instrument Act, 1882, when no rate of interest is specified in the instrument, interest on the amount due thereon shall be calculated at the rate of ____________% per annum, from the date at which the same ought to have been paid by the party charged, until tender or realization of the amount due thereon, or until such date after the institution of a suit to recover such a mount as the Court directs—8%  per annum [Section 80]

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