Limitation Search

Q:

The Limitation Law, which passed by the British in 1859, addressed which one of the following issues?

A) Loan bonds would not have any legal validity	B) Loan bonds signed between money lender and Ryots would have validity only for three years
C) Loan bonds could not be executed by money lenders	D) Loan bonds would have validity for ten years

Answer & Explanation Answer: B) Loan bonds signed between money lender and Ryots would have validity only for three years

Explanation:

The ryots came to see the moneylender as devious and deceitful. They complained of moneylenders manipulating laws and forging accounts. In 1859 the British passed a Limitation Law that stated that the loan bonds signed between moneylenders and ryots would have validity for only three years. This law was meant to check the accumulation of interest over time. The moneylender, however, turned the law around, forcing the ryot to sign a new bond every three years.

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Filed Under: Indian History
Exam Prep: Bank Exams

Q:

Which of the following statements with regard to the conduct of elections in India is/are notcorrect?1.The responsibility for the preparation of the electoral rolls is vested in the Election Commission of India.2.The model Code of Conduct comes into existence as soon as the date of the election is announced.3.The laws relating to delimitation of constituencies are made by the Election Commission of India.4.No election shall be called in question except by an election petition.Select the correct answer using the code given below.

A) 3 only	B) 1, 2 and 4
C) 1, 2 and 3	D) 4 only

Answer & Explanation Answer: A) 3 only

Explanation:

The laws relating to the delimitation of constituencies are made by the Parliament.The Model Code of Conduct comes into force immediately on announcement of the election schedule by the commission.

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