UPSC Prelims Practice Questions — SC tells SpiceJet to move HC for relief

Q1. In declining to grant relief on the ₹144.51 crore cash-deposit condition, the Supreme Court identified which one of the following as the appropriate forum before which SpiceJet should seek relief?

  • A. The Delhi High Court
  • B. The National Company Law Tribunal
  • C. A fresh Arbitral Tribunal
  • D. The Debts Recovery Tribunal

Q2. Under the Arbitration and Conciliation Act, 1996, Section 34 specifically provides for which one of the following?

  • A. An application to a court for setting aside an arbitral award
  • B. The appointment of arbitrators by the Chief Justice or a designated court
  • C. A reference of parties to arbitration by a judicial authority
  • D. An appeal directly to the Supreme Court against an arbitral award

Q3. Under the 2015 Share Sale and Purchase Agreement, approximately what percentage of shareholding in SpiceJet did Kalanithi Maran and Kal Airways transfer to Ajay Singh?

  • A. 48.46%
  • B. 55.46%
  • C. 58.46%
  • D. 63.46%

Q4. In the architecture of the ECLGS, the National Credit Guarantee Trustee Company (NCGTC) is best described as which one of the following?

  • A. The trustee agency that extends the credit guarantee cover to member lending institutions on behalf of the government
  • B. The scheduled commercial bank that disburses the collateral-free loans to eligible borrowers
  • C. The ministry that frames and notifies the scheme's operational guidelines
  • D. The apex regulator that fixes the interest rates chargeable on ECLGS loans

Q5. Recommendations for the appointment of Judges of the Supreme Court of India, who are formally appointed by the President, are made by which one of the following?

  • A. The Supreme Court Collegium
  • B. The Department of Justice, Ministry of Law and Justice
  • C. The Union Public Service Commission
  • D. The National Judicial Appointments Commission

Q6. In the 2026 proceedings, what was the approximate outstanding cash-deposit amount over which SpiceJet sought relief from the courts in its dispute with Kalanithi Maran?

  • A. ₹144.51 crore
  • B. ₹270 crore
  • C. ₹308.21 crore
  • D. ₹873 crore

Q7. Which one of the following is the principal regulatory authority for air safety and airworthiness in India's civil aviation sector at present?

  • A. The Airports Authority of India
  • B. The Bureau of Civil Aviation Security
  • C. The Directorate General of Civil Aviation
  • D. The Civil Aviation Authority