MCQS BRBL

UNIT 18C

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What is the jurisdiction of the Tribunal and Appellate Tribunal?

a. To decide criminal cases

b. To entertain and decide applications or appeals for

recovery of debts due to banks and financial institutions

c. To handle civil disputes

d. To provide legal aid services

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Answer: b

2. What is the power of the Chairperson of the Appellate

Tribunal over the Tribunals under his jurisdiction?

a. Power to issue arrest warrants

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 b. Power to transfer cases

c. Power to grant bail

d. Power to confiscate property

Answer: b

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 3. What is the responsibility of the Chairperson of the
Appellate Tribunal in relation to the work of the Presiding
Officers?

a. To represent them in court

b. To hire and fire them

c. To appraise their work

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 d. To provide them with legal training

Answer: c

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 4. Can the Chairperson of the Appellate Tribunal ask the
Tribunals to furnish information on pending and disposed of
cases?

a. Yes

b. No

Answer: a

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 5. Can the Chairperson of the Appellate Tribunal convene
meetings of the Presiding Officers periodically to review their
performance?

a. Yes

b. No

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Answer: a
1. In case of misbehavior or incapacity of a Presiding
Officer, who shall submit a report to the Central Government
recommending action under section 15?

a) The Presiding Officer

b) The Tribunal

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 c)The Chairperson of Appellate Tribunal

d) The Central Government

Answer: c) The Chairperson of Appellate Tribunal

2. What is the minimum amount of claim required to invoke

the jurisdiction of the Tribunal for recovery of debt?

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 a) Rs. 10 lakh

b) Rs. 15 lakh

c)Rs. 20 lakh

d) Rs. 25 lakh

Answer: c) Rs. 20 lakh

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 3. Can the Debt Recovery Tribunal entertain applications for
execution of the decree of foreign court?

a) Yes

b) No

Answer: a) Yes

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 4. After the establishment of the Tribunal, which of the
following cannot deal with cases of claims for recovery of Rs.
20 lakh and above by banks and financial institutions?

a) Civil Courts

b) High Courts

c)Supreme Court

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 d) Both a and b

Answer: a) Civil Courts

1. Which courts can exercise jurisdiction under Articles 226 and
227 of the Constitution despite the bar of jurisdiction for claims
of recovery of Rs. 20 lakh and above by banks and financial
institutions?
a) High Courts and Supreme Courts
b) Debt Recovery Tribunal
c) Civil Courts

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d) Appellate Tribunal

Answer: a) High Courts and Supreme Courts

2. What is the relevant date for the bar of jurisdiction for claims
of recovery of Rs. 20 lakh and above by banks and financial
institutions?
a) The date of establishment of the Tribunal in that particular
area
b) The date of filing the claim for recovery of debt
c) The date of issuance of the decree by the court
d) The date of receipt of the notice of recovery by the debtor

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Answer: a) The date of establishment of the Tribunal in that
particular area

3. Are the orders passed by Civil Courts prior to the

establishment of the Tribunal valid for claims of recovery of Rs.
20 lakh and above by banks and financial institutions?
a) Yes, they are valid
b) No, they are not valid
c) It depends on the date of filing of the claim
d) It depends on the amount of the claim

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Answer: a) Yes, they are valid

4. Which Act allows the Tribunal and Appellate Tribunal to

decide on applications under Part III of the Insolvency and
Bankruptcy Code, 2016?
a) The Recovery of Debts Due to Banks and Financial Institutions
Act, 1993
b) The Banking Regulation Act, 1949
c) The Securitisation and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002
d) The Reserve Bank of India Act, 1934

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Answer: a) The Recovery of Debts Due to Banks and Financial
Institutions Act, 1993

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