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1
Duty under the Indian Stamp Act, in case of
policy of fire insurance, is payable by:
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Athe person issuing the policy
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Bthe person effecting the insurance
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Cjointly by the person issuing the policy and the person effecting the insurance
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Dnone of the above
2
Duty under the Indian Stamp Act, in case of a
lease, is payable by:
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Athe lessor
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Bthe lessee
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Cthe lessor and lessee equally
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Dnone of the above
3
Who prescribe the rate of exchange for the
conversion of foreign currency into the
currency of India for the purpose of
calculating stamp duty:
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APresident of India
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BReserve Bank of India
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CCentral Government
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DWorld Bank
4
The penalty may be recovered, in case any
instrument not duly stamped as per the Indian
Stamp Act, by:
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AState Government
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BCollector
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CCentral Government
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DDistrict Courts
5
Which maxim denote the purpose of "res
judicata":
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AInterest rupublicae ut sit finis litum
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BNemo debet lis vexari pro una eadem causa
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CResjudicata pro veritate occipiture
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DAll of the above
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