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Category: PERA Chapter 14

The purpose of reciprocal information exchange is to maintain:

A. Criminal database
B. Financial audit
C. Integrated information system
D. Judicial record
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  • Submitted by: GK with Azeem

When a regulatory body exists under Scheduled laws, who is deemed to be the lead regulator?

A. Regulatory body
B. Department
C. Authority
D. Local Government
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  • Submitted by: GK with Azeem

The Authority may enter arrangements for exchange of information with:

A. Only Government
B. Only Departments
C. Any body or agency
D. Only regulators
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  • Submitted by: GK with Azeem

The regulatory body under Scheduled laws, when Authority is lead regulator, shall act as:

A. Independent regulator
B. Supervisory regulator
C. Secondary regulator
D. Advisory body
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  • Submitted by: GK with Azeem

Exchange of information arrangements may include assistance in:

A. Investigation only
B. Prosecution only
C. Performance of powers and functions
D. Budgeting
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  • Submitted by: GK with Azeem

The secondary regulator is required to exercise:

A. Full autonomy
B. Judicial powers
C. Regulatory deference
D. Exclusive jurisdiction
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  • Submitted by: GK with Azeem

The Government may designate a regulatory body as lead regulator when:

A. Authority fails
B. Budget is unavailable
C. Expediency and public interest require
D. Court directs
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  • Submitted by: GK with Azeem

In matters of local government regulatory powers, the Authority is lead regulator:

A. Automatically
B. Always
C. Never
D. Only if powers are assigned by local government
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  • Submitted by: GK with Azeem

Assignment of regulatory powers by local government requires:

A. Government notification
B. Court order
C. Mutual agreement
D. Departmental approval
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  • Submitted by: GK with Azeem

When a lead regulator exists, the secondary regulator is prohibited from:

A. Assisting investigation
B. Issuing notices
C. Taking concurrent cognizance
D. Sharing information
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  • Submitted by: GK with Azeem