Vol.(3) 2026: IBPS’ Bank Law Officer Entrance/ Promotion Exam- (1-Liners)

Date of Upload: 02.10.2026

1. No tax shall be levied or collected except by authority of law. It is so mandated under Article_________of the Constitution of India?—Article 265. [Article 265 protects from arbitrary taxation]
2. The “Recovery of Debts Due to Banks and Financial Institutions Act, 1993” was renamed as the “Recovery of Debts and Bankruptcy Act, 1993” w.e.f.—01.12.2019.
3. The term “hypothecation” is defined under Section______of the SARFAESI Act, 2002—Section 2(n) [Hypothecation is a legal arrangement where a borrower pledges an asset as collateral to secure a loan while keeping physical possession and ownership of that asset.]
4. Order 19 of the Civil Procedure Code, 1908 (CPC) deals with—Affidavit. [Order 19 of the Code of Civil Procedure, 1908 (CPC) governs the rules, power, and use of affidavits as evidence in civil trials in India.]
5. Section _______of the Banking Regulation Act, 1949 mandates that no company shall carry on the business of banking in India unless it uses any of the words “bank”, “banker” or “banking” as part of its name—Section 7.
6. Section 2(e) of the Bharatiya Sakshya Adhiniyam, 2023 (BSA) defines the term?—Evidence.
7. Section 173 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNNS) deals with—First Information Report (FIR). [The expression “FIR” is not explicitly defined under criminal law. Section 173 of BNNS corresponds to Section 154 of the repealed Code of Criminal Procedure, 1973]
8. Section 316 of the Bharatiya Nyaya Sanhita, 2023 (BNS) defines the offence of—Criminal Breach of Trust. [Corresponds to Section 409 of the Indian Penal Code, 1860(IPC)].
9. The expressions “Pledge”, “Pawnor” and “Pawnee” are defined under Section_______of the Indian Contract Act, 1872—Section 172.
10. Section 6 of the Limitation Act, 1963 as applicable in India deals with—Legal Disability. [Legal disability under the Limitation Act, 1963 is an exception that pauses the start of a limitation period for individuals who are a minor, insane, or an idiot when the cause of action arises. It defers the limitation period until the disability ends. The affected person gets the same duration to file a suit after the disability ceases as they originally had. If they die while disabled, their legal representative can file within the same timeframe after their death]

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