All Practice Exams

100+ Free CS Executive Paper 6 (ECIPL) Practice Questions

Prepare for the CS Executive Programme Paper 6: Economic, Commercial and Intellectual Property Laws exam with instant access — no signup required.

✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately
Not published per paper Pass Rate
100+ Questions
100% Free

Loading practice questions...

2026 Statistics

Key Facts: CS Executive Paper 6 (ECIPL) Exam

100 marks

Paper Weight

ICSI New Syllabus 2022

3 hours

Exam Duration

ICSI Examination Rules

20% / 80%

Objective vs Descriptive

ICSI Executive Programme

40% / 50%

Paper / Module Pass

ICSI Examination Rules

20 years

Patent Term

Patents Act 1970

Rs 2,000 cr

CCI Deal Value Threshold

Competition (Amendment) Act 2023

CS Executive Paper 6 (ECIPL) is a 100-mark, three-hour offline pen-paper exam under the ICSI New Syllabus 2022, with about 20% objective/MCQ and 80% descriptive questions and no negative marking. Part I covers economic and commercial laws including FEMA, FDI and FCRA, the Foreign Trade Policy, the Competition Act 2002, the Consumer Protection Act 2019, Legal Metrology, Essential Commodities, PMLA and Benami Transactions law. Part II covers intellectual property: Patents, Trade Marks, Copyright, Designs, Geographical Indications and Plant Varieties, plus IP enforcement and international treaties such as TRIPS, Paris, Berne, PCT and Madrid. ICSI requires 40% in the paper and 50% module aggregate to pass.

Sample CS Executive Paper 6 (ECIPL) Practice Questions

Try these sample questions to test your CS Executive Paper 6 (ECIPL) exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under the Foreign Exchange Management Act, 1999 (FEMA), which authority is empowered to make regulations to carry out the provisions of the Act?
A.The Central Government
B.The Enforcement Directorate
C.The Securities and Exchange Board of India
D.The Reserve Bank of India
Explanation: Under Section 47 of FEMA, the Reserve Bank of India is empowered to make regulations to carry out the provisions of the Act and the rules made thereunder. The Central Government makes the rules under Section 46, but regulations are the RBI's domain.
2FEMA, 1999 classifies foreign exchange transactions into two broad categories. Which of the following correctly names them?
A.Trade and non-trade transactions
B.Inward and outward transactions
C.Current account and capital account transactions
D.Debt and non-debt transactions
Explanation: FEMA divides transactions into current account transactions (Section 5) and capital account transactions (Section 6). Current account transactions are generally permitted unless restricted, while capital account transactions are permitted only to the extent allowed by RBI regulations.
3Under the FDI policy, foreign direct investment that does not require any prior approval of the Government and only requires post-facto reporting to the RBI is made through which route?
A.Government route
B.Approval route
C.Automatic route
D.Portfolio route
Explanation: Under the automatic route, FDI is allowed without prior approval of the Government or RBI; the investee company files post-investment reporting (Form FC-GPR) with the RBI through an authorised dealer bank. The Government route requires prior approval from the concerned administrative ministry.
4On an FDI inflow into an Indian company, within how many days must Form FC-GPR be filed with the Reserve Bank of India after issue of shares to the non-resident?
A.Within 30 days
B.Within 60 days
C.Within 90 days
D.Within 180 days
Explanation: Under the FEMA Non-Debt Instruments framework, the Indian investee company must report the issue of equity instruments to a person resident outside India by filing Form FC-GPR within 30 days from the date of issue of the equity instruments.
5Following the 2020 Press Note 3 amendment, an entity of a country which shares a land border with India can invest in India only under which route?
A.Automatic route up to 100%
B.No route is permitted at all
C.Portfolio route
D.Government route
Explanation: Press Note 3 of 2020 amended the FDI policy so that an entity of a country which shares a land border with India, or where the beneficial owner of an investment is situated in or is a citizen of such a country, can invest only under the Government (approval) route. This was a measure to curb opportunistic takeovers.
6Penalties under FEMA, 1999 for contravention are primarily which in nature?
A.Criminal, with imprisonment as the primary punishment
B.Strictly disciplinary by professional bodies
C.Civil/monetary, with imprisonment only on non-payment
D.Limited to cancellation of business licences
Explanation: A key feature of FEMA, unlike the earlier FERA, is that contraventions are civil offences attracting monetary penalties under Section 13 (up to thrice the sum involved where quantifiable). Imprisonment can be imposed only on failure to pay the penalty within the stipulated time.
7Under the Foreign Contribution (Regulation) Act, 2010 (FCRA), an association seeking to receive foreign contribution must ordinarily obtain which of the following?
A.A registration or prior permission from the Ministry of Home Affairs
B.A licence from the RBI
C.Approval from SEBI
D.Registration with the Registrar of Companies
Explanation: Under FCRA, 2010, a person having a definite cultural, economic, educational, religious or social programme must obtain either registration or prior permission from the Ministry of Home Affairs before accepting foreign contribution. The Act is administered by the MHA, not the RBI or SEBI.
8Under FCRA, 2010, a registration granted to an association is valid for a period of how many years, subject to renewal?
A.Three years
B.Five years
C.Seven years
D.Ten years
Explanation: An FCRA registration certificate is valid for five years, and the association must apply for renewal within the prescribed time before expiry to continue receiving foreign contribution. Failure to renew results in the registration ceasing to be valid.
9Under the amended FCRA framework, foreign contribution received by a registered association must be received only in an FCRA account opened with which bank?
A.Any scheduled commercial bank chosen by the association
B.Any nationalised bank in the association's home state
C.Reserve Bank of India, Mumbai
D.State Bank of India, New Delhi Main Branch
Explanation: Following the FCRA (Amendment) Act, 2020, every person granted registration or prior permission must receive foreign contribution only in an 'FCRA Account' opened at the State Bank of India, New Delhi Main Branch. Funds may later be transferred to other FCRA utilisation accounts.
10Which of the following persons is expressly prohibited under FCRA, 2010 from accepting foreign contribution?
A.A registered charitable trust
B.An election candidate
C.A college conducting research
D.A society registered for social work
Explanation: Section 3 of FCRA, 2010 bars certain categories from accepting foreign contribution, including candidates for election, judges, government servants, members of legislature, political parties, and certain media persons. Registered charitable bodies may accept it after obtaining registration or prior permission.

About the CS Executive Paper 6 (ECIPL) Exam

CS Executive Paper 6 (Economic, Commercial and Intellectual Property Laws) is a Module 2 paper of the ICSI Executive Programme under the New Syllabus 2022. It tests economic and commercial laws such as FEMA, FCRA, the Foreign Trade Policy, Competition Act, Consumer Protection Act, Legal Metrology, Essential Commodities, PMLA and Benami law, plus the full Indian intellectual property framework and international IP treaties.

Assessment

Question count not published by the exam provider

Time Limit

3 hours

Passing Score

Minimum 40% in the paper and 50% aggregate in the module, per ICSI rules

Exam Fee

Part of the ICSI Executive Programme module examination fee; no separate Paper 6 fee is published (Institute of Company Secretaries of India (ICSI))

CS Executive Paper 6 (ECIPL) Exam Content Outline

Economic & Commercial Laws

FEMA, FDI and FCRA

Foreign Exchange Management Act 1999, current and capital account transactions, FDI automatic and government routes, FC-GPR reporting, Press Note 3, and FCRA registration and prohibitions.

Economic & Commercial Laws

Foreign Trade Policy and Competition Law

Foreign Trade Policy, DGFT, IEC, RoDTEP, EPCG, SEZs, and the Competition Act 2002 covering anti-competitive agreements, abuse of dominance, combinations, and CCI/NCLAT.

Economic & Commercial Laws

Consumer, Metrology and Commodity Laws

Consumer Protection Act 2019, CCPA, product liability, e-commerce rules, Legal Metrology Act 2009, and the Essential Commodities Act 1955.

Economic & Commercial Laws

PMLA and Benami Transactions

Prevention of Money Laundering Act 2002, proceeds of crime, attachment, FIU-IND and KYC, and the Prohibition of Benami Property Transactions Act and confiscation.

Intellectual Property

Patents, Trade Marks and Copyright

Patents Act 1970 term and compulsory licensing, Trade Marks Act 1999 registration and infringement, and Copyright Act 1957 term, moral rights and fair dealing.

Intellectual Property

Designs, GI and Plant Varieties

Designs Act 2000, Geographical Indications Act 1999, and the Protection of Plant Varieties and Farmers' Rights Act 2001.

Intellectual Property

IP Enforcement and International Treaties

Civil and criminal IP remedies, Anton Piller and John Doe orders, customs recordal, and TRIPS, Paris, Berne, PCT and Madrid treaties administered by WTO and WIPO.

How to Pass the CS Executive Paper 6 (ECIPL) Exam

What You Need to Know

  • Passing score: Minimum 40% in the paper and 50% aggregate in the module, per ICSI rules
  • Assessment: Question count not published by the exam provider
  • Time limit: 3 hours
  • Exam fee: Part of the ICSI Executive Programme module examination fee; no separate Paper 6 fee is published

Keys to Passing

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

CS Executive Paper 6 (ECIPL) Study Tips from Top Performers

1Memorise key statutory numbers such as patent term of 20 years, trade mark and GI registration of 10 years, and the Section 84 three-year compulsory licence window.
2Map each economic law to its administering authority (RBI for FEMA, MHA for FCRA, DGFT for foreign trade, CCI for competition, ED for PMLA).
3Use the 20% MCQ weighting to your advantage by drilling objective questions to anchor descriptive answers.
4Track recent changes such as the Competition (Amendment) Act 2023, the FCRA 2020 amendments, and the 2021 abolition of the IPAB.
5Practise distinguishing similar IP concepts such as infringement versus passing off, and Anton Piller versus John Doe orders.
6Revise the international IP treaties (TRIPS, Paris, Berne, PCT, Madrid) and which body administers each (WTO versus WIPO).

Frequently Asked Questions

What is CS Executive Paper 6 about?

Paper 6 of the ICSI Executive Programme is Economic, Commercial and Intellectual Property Laws (ECIPL). It covers economic and commercial laws such as FEMA, FCRA, the Foreign Trade Policy, the Competition Act, the Consumer Protection Act, Legal Metrology, Essential Commodities, PMLA and Benami law, plus the full Indian intellectual property framework.

Is CS Executive Paper 6 objective or descriptive?

Paper 6 is a 100-mark, three-hour offline pen-paper exam with roughly 20% objective or MCQ-based questions and 80% descriptive questions, and there is no negative marking. Practising MCQs is an effective way to lock in statutory facts before the descriptive answers.

What is the passing requirement for CS Executive Paper 6?

Under ICSI examination rules, a candidate must score a minimum of 40% marks in each individual paper and 50% in aggregate across the module to pass. Exemptions may be granted in a paper where a candidate scores 60% or more.

Which intellectual property laws are covered in Paper 6?

The intellectual property part covers the Patents Act 1970, Trade Marks Act 1999, Copyright Act 1957, Designs Act 2000, Geographical Indications Act 1999, the Protection of Plant Varieties and Farmers' Rights Act 2001, IP enforcement, and international treaties such as TRIPS, Paris, Berne, PCT and Madrid.

Can a Company Secretary act as a trade marks agent after studying Paper 6?

Yes. A member of the Institute of Company Secretaries of India is recognised as eligible to be registered as a trade marks agent and may represent applicants before the Trade Marks Registry, which is highlighted in the Paper 6 intellectual property syllabus.

Does the Competition (Amendment) Act 2023 affect Paper 6?

Yes. The Competition (Amendment) Act 2023 introduced a Deal Value Threshold under which combinations are notifiable to the CCI if the deal value exceeds Rupees 2,000 crore and the target has substantial Indian operations, which is relevant to the Competition law portion of Paper 6.