The Kerala Stamp Act and Rules Part II
Date of Examination :18-09-2019
Question1:-Instrument includes
A:-Bill of exchange
B:-Gift
C:-Receipt
D:-All of these
Correct Answer:- Option-B
Question2:-Allowance for spoiled or misused stamps shall be authorised by
A:-Stamp vendor concerned
B:-District registrars
C:-Collectors
D:-All of them
Correct Answer:- Option-C
Question3:-Stamp duty to be levied for cancellation deed is
A:-Rs.500
B:-Rs.100
C:-Rs.50
D:-As of the original deed
Correct Answer:- Option-A
Question4:-Duties chargeable under court fee is
A:-not exempted from the purview of Kerala Stamp Act
B:-no wording in respect of court fee is existing in stamp act
C:-some wordings about court fee is existing in Kerala Stamp Act
D:-fully exempted from the purview of Kerala Stamp Act
Correct Answer:- Option-D
Question5:-Hundis shall be written on papers of not less than the size of
A:-8 × 5 inches
B:-6 × 5 inches
C:-7 × 4 inches
D:-None of the above
Correct Answer:- Option-A
Question6:-The provision to refer a case to High court under stamp act is
A:-Rule 13
B:-Section 55
C:-Art 55
D:-None of the above
Correct Answer:- Option-B
Question7:-Allowance to be sanctioned for spoiled stamps in cash will be
A:-the face value of stamp
B:-the face value of stamp, after deducting 8% of face value
C:-the face value of stamp, after deducting 5% of face value
D:-the face value of stamp, after deducting 6% of face value
Correct Answer:- Option-D
Question8:-Stamp papers without giving serial number and date of sale, to be given by Ex-officio vendor is __________.
A:-when the purchaser is a public company
B:-when the purchaser requests as such
C:-when the purchase is made by a civil court
D:-when the purchaser is a stamp vendor
Correct Answer:- Option-C
Question9:-An instrument empowering a specified person to act for and in the name of the executant is
A:-Power of attorney
B:-Bond
C:-Appointment in execution of a power
D:-Affidavit
Correct Answer:- Option-A
Question10:-Power to make rules is vested in Government vide _________
A:-rule 15 Kerala Stamp rules
B:-section 53 Kerala Stamp Act
C:-section 69 Kerala Stamp Act
D:-none of the above
Correct Answer:- Option-C
Question11:-Application for allowance for spoiled stamp paper, without executing any instrument shall be made __________
A:-within 12 months after the stamp is spoiled
B:-within 6 months after the stamp is spoiled
C:-within 3 months after the stamp is spoiled
D:-at any time, at the discretion of the party
Correct Answer:- Option-B
Question12:-A deed empowering any person to vote at any election to a public limited company is
A:-special power
B:-empowered power
C:-general power
D:-proxy
Correct Answer:- Option-D
Question13:-Stamp duty for reconveyance of Mortgaged property to be borne by
A:-the executant
B:-claimant
C:-attesting witnesses
D:-executant and claimant in equal share
Correct Answer:- Option-B
Question14:-Instruments to be assessed for stamp duty in Kerala state executed outside of India will be stamped ____________.
A:-within 3 months after it received in Kerala
B:-within 6 months after it received in Kerala
C:-at the date of execution
D:-at the date and time as decided by the executant
Correct Answer:- Option-A
Question15:-Value of an instrument executed to secure the payment of annuity terminable with the life of a person shall be __________
A:-the amount of total annuity to be paid for the period of 15 years
B:-the amount of total annuity to be paid for the period of 20 years
C:-the amount of total annuity to be paid for the period of 12 years
D:-the amount of total annuity to be paid for 10 years
Correct Answer:- Option-C
Question16:-The Duty of fixation of fair value of land is vested in
A:-The sub registrar
B:-The Tahsildar
C:-The District Collector
D:-Revenue Divisional Officer
Correct Answer:- Option-D
Question17:-If a Collector acting under sections 31, 39 and 40, has some doubts over the amount of stamp duty, he shall _______
A:-refer the Government or such authorities authorised by Government, by drawing up of a statement of the case and his opinion as to stamp
duty and requests a reply
B:-refer the matter in full details to High court and request orders
C:-discuss the matter with his subordinates so as to come to a conclusion
D:-refer the matter to nearest District Collector, requesting his opinion
Correct Answer:- Option-A
Question18:-Instrument stamped with impressed stamps shall be written in the manner
A:-that the stamp may appear on the back of the instrument
B:-that the stamp may appear on the face of the instrument
C:-that the stamp may appear on the side of the instrument
D:-as decided by the writer
Correct Answer:- Option-B
Question19:-Adoption deed attracts a stamp duty of
A:-Rs.500
B:-Rs.100
C:-Rs.250
D:-Rs.1,000
Correct Answer:- Option-C
Question20:-Stamp duty leviable for sale of a vessel for Rs.2 lakhs is ________
A:-Rs.16,000
B:-Rs.10,000
C:-Rs.6,000
D:-no stamp duty is leviable
Correct Answer:- Option-D
Question21:-Who is competent to cancel the adhesive stamp used in an instrument?
A:-Executant
B:-Document writer
C:-Registering officer
D:-Claimant
Correct Answer:- Option-A
Question22:-The proper officer does not include
A:-Sub Treasury officers
B:-Managers / Agents of Nationalised Banks
C:-District Collectors
D:-District Treasury officers
Correct Answer:- Option-C
Question23:-An exchange deed, executed on 12/3/17 by A and B, mutually transferring landed properties of Kollam Sub District of Kerala and Theni
Sub District of Tamilnad ; valuing Re.1 lakh each and decided to register the same at Kollam Sub Registrars office. The Stamp for that deed shall be
purchased from ____________.
A:-Kerala and Tamilnadu states in equal rates
B:-Kerala state
C:-Tamilnadu state
D:-From any state at the discretion of 1 and 2
Correct Answer:- Option-B
Question24:-A Bill of Exchange drawn on a specified Banker and not expressed to be payable otherwise on demand is _________.
A:-Promissory Note
B:-Security Bond
C:-Mortgage
D:-Cheque
Correct Answer:- Option-D
Question25:-Penalty for failure to cancel adhesive stamp is ___________.
A:-A fine upto Rs. One hundred only
B:-A fine upto Rs. Two hundred only
C:-A fine upto Rs. Two hundred and Fifty only
D:-Not specifically described in Stamp Act
Correct Answer:- Option-A
Question26:-Stamp duty leviable for registration of variola of Chitty with a capital of Rs.5 Lakhs is ___________.
A:-Rs.10,000
B:-Rs.25,000
C:-Rs.2,500
D:-Rs.15,000
Correct Answer:- Option-B
Question27:-Adjudication to proper stamp is vested in ___________.
A:-Land Revenue Commissioner
B:-Revenue Divisional Officer
C:-Collectors
D:-Sub Registrars
Correct Answer:- Option-C
Question28:-Instruments executed in Kerala shall be stamped _____________.
A:-at the time of presentation for registration
B:-at the time, as advised by the document writer
C:-at the time, as desired by the executant
D:-before or at the time of execution
Correct Answer:- Option-D
Question29:-Stamps used for notarial act is __________.
A:-Postal stamp
B:-Adhesive stamp
C:-Impressed stamp
D:-Court fee stamp
Correct Answer:- Option-B
Question30:-How does a document be stamped, when the amount expressed is in a currency other than Indian currency ______________.
A:-exchange rate of that currency to Indian currency be obtained and be stamped for that amount
B:-ask the executant to make necessary correction in the deed and add Indian currency amount
C:-there is no provision to stamp for such kind of deed
D:-advice the executant to approach the collector and gain orders from him
Correct Answer:- Option-A
Question31:-Stamp duty for copy of a registered will is ___________.
A:-Rs.100
B:-Rs.25
C:-Rs.50
D:-Exempted
Correct Answer:- Option-C
Question32:-A surrender of lease for Rs. One Lakh executed on 2/5/2017, of a property lying in Thiruvananthapuram corporation limits. Stamp duty
leviable is ___________.
A:-Rs.8,000
B:-Rs,5,000
C:-Rs.500
D:-Rs.250
Correct Answer:- Option-D
Question33:-Power to remit or reduce stamp duty is vested in __________.
A:-Government
B:-Collectors
C:-Revenue Divisional Officers
D:-District Registrars
Correct Answer:- Option-A
Question34:-Stamp duty for partnership deed of Rs. Five lakhs only is _______.
A:-Rs.1,000
B:-Rs.2,500
C:-Rs.5,000
D:-Rs.3,000
Correct Answer:- Option-C
Question35:-Penalty for instrument unduly stamped by accident is
A:-Rs.100
B:-not necessary
C:-the amount decided by the collector
D:-not to be stamped, any more amount
Correct Answer:- Option-B
Question36:-Impressed stamps does not include
A:-labels affixed by the proper officer
B:-stamps embossed on engraved on stamped paper
C:-stamps impressed by the proper officer
D:-labels affixed by the Document writer
Correct Answer:- Option-D
Question37:-Rate of stamp duty assessible for Mortgage with possession of immovable property is __________.
A:-5%
B:-8%
C:-6%
D:-7.5%
Correct Answer:- Option-B
Question38:-Security Bond for Rs.50,000 attracts a stamp duty of _________.
A:-Rs.1,000
B:-Rs.1,500
C:-Rs.500
D:-Rs.2,500
Correct Answer:- Option-C
Question39:-Stamp duty for counterpart of a document bearing stamp duty of Rs.15,000 shall be _________.
A:-Rs.500
B:-Rs.200
C:-Rs.100
D:-Rs.1,500
Correct Answer:- Option-A
Question40:-Serial No. of stamps to be sold by Ex officio vendors shall commence and ends on
A:-each calendar year
B:-each calendar month
C:-the tenure of each Ex officio stamp vendors
D:-each financial year
Correct Answer:- Option-D
Question41:-Appeal against fair value fixation shall be presented before
A:-Collector
B:-District Registrar
C:-Land Revenue Commissioner
D:-District court
Correct Answer:- Option-A
Question42:-Instrument comprising several distinct matters shall be stamped
A:-for the matter which attracts highest duty
B:-for aggregate value of all matters included in the deed / instrument
C:-at the discretion of parties to instrument
D:-for any one matter of the instrument as selected by the executant
Correct Answer:- Option-B
Question43:-Mortgage deed expressing the principal and interest shall be stamped
A:-for total amount of Principal and Interest
B:-for Principal and Interest due for one year
C:-for Principal amount only
D:-for any amount as decided by executant
Correct Answer:- Option-C
Question44:-General power of Attorney attracts a stamp duty of
A:-Rs.500
B:-Rs.200
C:-Rs.750
D:-Rs.300
Correct Answer:-Question Cancelled
Question45:-Stamp duty to be paid in respect of a counterpart of lease is by
A:-the Lessor
B:-the Lessee
C:-the Lessor and Lessee in equal parts
D:-the 1st executing witness
Correct Answer:- Option-A
Question46:-A final order for effecting a partition of any property ordered by a civil court is
A:-settlement
B:-partition
C:-court decree
D:-sale
Correct Answer:- Option-B
Question47:-Rewards to be given from Penalty under Kerala Stamp Act to an approver is
A:-7.5%
B:-6%
C:-not more than 5% with maximum of Rs.200
D:-Rs.100
Correct Answer:- Option-C
Question48:-Specify if there is any objections to use stamps appropriated for a particular kind of instrument for any other kind of instrument?
A:-there is no provisions in favour or against, is existing in stamp laws
B:-there is no objection use stamps appropriate to a kind of instrument, to use for any kind of instrument
C:-stamps appropriated to a kind of instrument shall only be used to another kind of document, by obtaining permission from Sub Treasury
Officers
D:-stamps appropriated for a particular kind of instrument cannot be used for any other kind of instrument
Correct Answer:- Option-D
Question49:-Stamp duty leviable for Articles of Association of a company with a capital of Rs. Twenty Lakhs only is
A:-Rs.20,000
B:-Rs.5,000
C:-Rs.10,000
D:-Rs.15,000
Correct Answer:- Option-B
Question50:-Central Excise Bond for Rs.15,000 attracts stamp duty of
A:-Rs.50
B:-Rs.100
C:-Rs.250
D:-Rs.150
Correct Answer:- Option-A
Question51:-Sale of Bill of Exchange shall be stamped with
A:-impressed stamp
B:-court fee stamp
C:-adhesive stamp
D:-postage stamp
Correct Answer:- Option-C
Question52:-An instrument attested by a witness, whereby a person obliges himself to deliver grain or other agricultural produce to another is
A:-Transfer
B:-Promissory note
C:-Mortgage
D:-Bond
Correct Answer:- Option-D
Question53:-Lease does not include
A:-transfer of lease
B:-sub lease
C:-agreement to let
D:-under lease
Correct Answer:- Option-A
Question54:-A note or writing whereby any debt or demand is acknowledged to have been satisfied is
A:-demand note
B:-receipt
C:-acknowledgement of debt
D:-bond
Correct Answer:- Option-B
Question55:-Sale deed for Rs. One lakh indemnity bond for Rs.50,000 executed on 11/4/2017 attracts stamp duty of _________.
A:-Rs.8,000 + 2,500
B:-Rs.8,000 + 3,000
C:-Rs.8,000
D:-Rs.8,000 + 500
Correct Answer:- Option-C
Question56:-Stamp duty for a surrender of lease of landed property with an annual rent of Rs.30,000 executed on 15/4/2017 is
A:-Rs.1,800
B:-Rs.2,400
C:-Rs.1,500
D:-Rs.250
Correct Answer:- Option-D
Question57:-An instrument transfers a property in exchange for money is
A:-conveyance
B:-transfer
C:-settlement
D:-mortgage
Correct Answer:- Option-A
Question58:-Is it lawful to register an insufficiently stamped instrument?
A:-insufficiently stamped document may be registered if the party agrees to remit the deficit stamp and penalty in future
B:-insufficiently stamped instruments shall not be registered
C:-insufficiently stamped instruments shall be registered in the orders of Higher authority
D:-insufficiently stamped instrument may be registered if the document writer agrees to pay the deficit in future
Correct Answer:- Option-B
Question59:-Stamp duty leviable for ratification deed is described in
A:-Schedule of Kerala Stamp Act
B:-Kerala Stamp rules
C:-Schedule of Indian Stamp Act
D:-Kerala Stamp Act section 4
Correct Answer:- Option-D
Question60:-Acknowledging receipt of Rs. Two Lakhs only is liable to pay a duty of
A:-Rs.200
B:-Rs.100
C:-Re.1
D:-Rs.50
Correct Answer:- Option-C
Question61:-All stamps of the value of Rupee and above issued from Treasury shall bear
A:-Date seal of the Treasury
B:-Sl.No. of stamp
C:-Treasury seal
D:-E.O. Vendor's seal
Correct Answer:- Option-A
Question62:-Stamp duty leviable for Affidavit is
A:-Rs.25
B:-Rs.150
C:-Rs.50
D:-Rs.100
Correct Answer:- Option-C
Question63:-Stamp duty leviable for an Award in respect of a property worth Rs.5,000 is
A:-Rs.50
B:-Rs.100
C:-Rs.75
D:-Rs.150
Correct Answer:- Option-B
Question64:-Stamp duty to be leviable for duplicate of a will is _________.
A:-Rs.500
B:-Rs.200
C:-Rs.100
D:-Nil
Correct Answer:- Option-D
Question65:-Promissory note payable otherwise on demand attracts stamp duty ___________.
A:-as a bill of exchange
B:-as a conveyance
C:-as a Bottomry bond
D:-as a receipt
Correct Answer:- Option-A
Question66:-Stamp Vendor shall be liable to be punished for knowingly make a false endorsement on a stamp sold, with fine
A:-not exceeding Rs.100
B:-not exceeding Rs.500
C:-not exceeding Rs.750
D:-not exceeding Rs.1,000
Correct Answer:- Option-B
Question67:-Kerala Stamp Act 1959 came into force on
A:-1.7.1959
B:-1.1.1960
C:-1.9.1960
D:-1.9.1959
Correct Answer:- Option-C
Question68:-Collectors under Kerala Stamp Act is appointed by Government as per
A:-Section 2 (m) of Kerala Stamp Act
B:-Section 2 (f) of Kerala Stamp Act
C:-Section 2 (p) of Kerala Stamp Act
D:-Section 2 (c) of Kerala Stamp Act
Correct Answer:- Option-D
Question69:-Stamp duty to be payable for a gift of landed property worth Rs.2 lakhs executed on 20/4/2017 by A in favour of B is
A:-Rs.16,000
B:-Rs.1,000
C:-Rs.10,000
D:-Rs.5,000
Correct Answer:- Option-A
Question70:-Monthly rent of Rs.1,500 period 10 years Advance Rs.15,000 Average Annual Rent is
A:-Rs.18,000 + 15,000
B:-Rs.18,000
C:-Rs.18,000 + 1,500
D:-Rs.18,000 + 7,500
Correct Answer:- Option-B
Question71:-Stamp duty for a settlement deed executed in favour of a charitable society be charged at
A:-5%
B:-4%
C:- `2 1/2%`
D:-3%
Correct Answer:- Option-C
Question72:-Instrument cancelling will attracts a stamp duty of ________.
A:-Rs.500
B:-Rs.250
C:-Rs.100
D:-Nil
Correct Answer:- Option-D
Question73:-Stamp duty to be borne, for further charge of an instrument by
A:-executant
B:-claimant
C:-both of them
D:-by the executing witness is
Correct Answer:- Option-A
Question74:-Power to impound insufficiently stamped instrument is not vested in __________.
A:-District Registrar
B:-Superintendent of Police
C:-Munsiffs
D:-Tahsildars
Correct Answer:- Option-B
Question75:-A person executing an insufficiently stamped instrument, other than as a witness, shall be punishable
A:-with a fine of Rs.200
B:-with a fine of Rs.100
C:-with a fine not exceeding Rs.500
D:-with fine and imprisonment as decided by a court
Correct Answer:- Option-C
Question76:-Penalty for breach of rule relating to sale of stamps and unauthorised sale of stamps, shall be
A:-fine upto Rs.500
B:-imprisonment for a term upto 6 months
C:-fine of Rs.1,000
D:-fine upto Rs.500 or imprisonment upto 6 months or both of them
Correct Answer:- Option-D
Question77:-Stamp duty is not necessary when an instrument is
A:-not presented for registration
B:-not executed
C:-not attested by witnesses
D:-not attested by document writer
Correct Answer:- Option-B
Question78:-Any instrument imposing a further charge on mortgaged property is
A:-Further charge
B:-Additional security
C:-Auxillary security
D:-Substituted security
Correct Answer:- Option-A
Question79:-When the lease is granted for a sum of money advanced stamp duty shall be assessed on
A:-the amount as decided by the Registering officer
B:-the amount of rent and advance money
C:-the amount of advanced money only
D:-the amount of rent only
Correct Answer:- Option-C
Question80:-Stamp duty to be payable for perpectual lease is at the rate of
A:-8% × 4 for the average annual rent
B:-8% × 3 for the average annual rent
C:-8% × 2 for the average annual rent
D:-8% of the `1/6` rent``of total amount paid or to be paid for the first fifty years
Correct Answer:- Option-D
Question81:-An exchange deed of immovable properties with fair values of Rs. Six lakhs and Rs. Four lakhs and fifty thousand only attracts stamp
duty of
A:-Rs.48,000
B:-Rs.36,000
C:-Rs.42,000
D:-Rs.84,000
Correct Answer:- Option-A
Question82:-A conveyance deed, for a consideration of Five lakhs and with fair value of Rs.3,60,000 of landed property, has to be stamped
A:-Rs.28,800
B:-Rs.40,000
C:-Rs.34,400
D:-Rs.40,500
Correct Answer:- Option-B
Question83:-Duly stamped means that
A:-the instrument has stamped proper amount ; with different kind of stamps
B:-the instrument has stamped more amount of stamp than necessary
C:-the instrument has sufficiently stamped with stamp of the kind as Law permits
D:-that the instrument has stamped by impressed stamps of the amount needed for the deed
Correct Answer:- Option-C
Question84:-Customs Bonds shall be stamped with stamps
A:-Revenue stamp
B:-Postal stamp
C:-Hundi stamp
D:-Stamp bearing words customs
Correct Answer:- Option-D
Question85:-Partition deed of a landed property of 2 Acres, having fair value of Rupees Six lakhs only, executed on 6/5/2017 by Two brothers,
dividing 60% and 40% as their shares. Stamp duty to be levied is
A:-Rs.2,400
B:-Rs.1,000
C:-Rs.3,600
D:-Rs.6,000
Correct Answer:- Option-B
Question86:-Dissolution of Partnership deed attracts stamp duty of
A:-Rs.1,000
B:-Rs.250
C:-Rs.500
D:-Rs.750
Correct Answer:- Option-A
Question87:-Instruments executed out of Kerala, to be stamped on receipt in Kerala, shall be stamped in Kerala on arrival with
A:-Adhesive stamp
B:-Stamp papers
C:-Impressed labels
D:-Court fee stamps
Correct Answer:- Option-C
Question88:-Execution means
A:-signed
B:-impression
C:-written
D:-signature
Correct Answer:- Option-D
Question89:-A Gift deed of immovable property of a fair value of five lakhs, for one Acre of land, executed in favour of Government of Kerala to be
stamped
A:-Nil
B:-Rs.40,000
C:-Rs.20,000
D:-Rs.10,000
Correct Answer:- Option-A
Question90:-Stamp duty to be levied for a Charitable Trust, with a capital of Rs.3 Lakhs is
A:-Rs.18,000
B:-Rs.24,000
C:-Rs.15,000
D:-Rs.6,000
Correct Answer:- Option-B
Question91:-A settlement deed of landed property of 1 acre, with fair value of Rs. One lakh executed by A in favour of his brother B on 12/4/2017
has to be stamped
A:-Rs.2,000
B:-Rs.5,000
C:-Rs.1,000
D:-Rs.8,000
Correct Answer:- Option-C
Question92:-Stamp duty to be levied for a general power of Attorney executed by 7 persons to act jointly and severally is
A:-Rs.600
B:-Rs.500
C:-Rs.300
D:-Rs.1,000
Correct Answer:- Option-D
Question93:-A company issuing a share warrant without being duly stamped, The Secretary or the Chief Officer of the company shall be
punishable
A:-with a fine not exceeding Rs.500
B:-with imprisonment not exceeding the period of 3 months
C:-with imprisonment of 2 months and fine of Rs.500
D:-with fine of Rs.1,000
Correct Answer:- Option-A
Question94:-Penalty for omission to comply with the provisions of section 28 shall be
A:-an imprisonment for 6 months
B:-fine upto an amount not exceeding Rs.5,000
C:-fine of Rs.2,000
D:-Fine of Rs.3,000
Correct Answer:- Option-B
Question95:-Specify the Section, (if there is existing) of any provisions to purchase of land under Kerala Stamp Act
A:-Section 28 A
B:-Section 31
C:-Section 45 C
D:-No provision as such is existing
Correct Answer:- Option-C
Question96:-when 4 stamp papers were used for making an instrument, the instrument shall be written
A:-on the 1st stamp paper and the rest stamp paper shall struck down and attested by the party
B:-on the 1st and 2nd of the stamp papers and the rest stamp papers be struck down and attested by the party
C:-on anyone of the stamp paper and the rest shall be struck down and attested by the party
D:-on all stamp papers, so as to have some portion of instrument appears on all stamp papers
Correct Answer:- Option-D
Question97:-Pick up the instrument for which stamp duty prescribed under Indian stamp acts schedule is levied
A:-receipt
B:-mortgage
C:-conveyance
D:-gift
Correct Answer:- Option-A
Question98:-Stamp duty to be levied for a deed of Additional security given for a registered and duly stamped simple mortgage deed for Re.1 lakh
is
A:-Rs.5,000
B:-Rs.500
C:-Rs.1,000
D:-Rs.2,000
Correct Answer:- Option-B
Question99:-Stamp duty to be levied for a simple Mortgage deed for Rs.Ten lakhs only given in favour of a commercial bank is
A:-Rs.50,000
B:-Rs.20,000
C:-Rs.5,000
D:-Rs.10,000
Correct Answer:- Option-C
Question100:-Agreement relating to Deposit of title deed for securing a loan of Rs. Twelve lakhs, attracts a stamp duty of
A:-Rs.60,000
B:-Rs.12,000
C:-Rs.6,000
D:-Rs.5,000
Correct Answer:- Option-D