ONLINE MOCK TEST · SAMUCHIT365

AAI Manager(Commercial) Exam Part B Test 2

AIRPORT AUTHORITY OF INDIA

60Questions
60 minTest duration
FREEAccess

About this mock test

Prepare for AAI Manager(Commercial) Exam Part B Test 2 with an online practice test on Samuchit365. Review the test format and practise at your own pace.

This is an independent practice resource. Refer to the relevant recruiting organization's official notification for eligibility, syllabus, and examination rules.

Practice test pattern

Total questions: 60   ·   Duration: 60 minutes

Default marking: +1.00 per correct answer; −0.25 per incorrect answer.

Section-specific marking or timing may apply where configured. This describes the Samuchit365 practice test, not necessarily the official examination pattern.

Topics covered in this practice test

Question topics

I – Legal | AAI Act, 1994I – Legal | AERA Act, 2008I – Legal | Arbitration Act, 1996I – Legal | Indian Contract ActI – Legal | Mediation Act, 2023II – Finance | Aeronautical RevenueII – Finance | Basic AccountingII – Finance | Capital BudgetingII – Finance | Discounted Cash FlowII – Finance | Financial StatementsII – Finance | IRRII – Finance | NPV

Free sample questions

Try these sample questions from this free mock test. Open the answer to check your understanding.

Sample question 1

A contract becomes void after an unforeseen legal prohibition makes performance unlawful. Which principle is most relevant?

  1. Supervening impossibility under section 56
  2. Novation under section 62
  3. Indemnity under section 124
  4. Contingent contract under section 31
Show correct answer and explanation

Correct answer: A

Section 56 addresses contracts that become impossible or unlawful after formation, subject to the law on frustration.

Sample question 2

A principal expressly authorises an agent to sign a supply contract. The authority is classified as:

  1. Quasi-contract
  2. Express authority
  3. Assignment of debt
  4. Implied warranty
Show correct answer and explanation

Correct answer: B

Express authority is given by spoken or written words under the agency provisions.

Sample question 3

An arbitral tribunal decides a dispute but omits a claim that was presented. Which remedy may be available under section 33?

  1. Automatic appeal to the Supreme Court
  2. Criminal prosecution of arbitrator
  3. Request for an additional award
  4. Unilateral rewriting of the award
Show correct answer and explanation

Correct answer: C

Section 33 allows a timely request for an additional award on claims presented but omitted, subject to its conditions.

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