Discussion
The first formal statute relating to the subject of arbitration in India was the Indian Arbitration Act, 1899 Which was applicable to which among the following presidency town?
Answer: D
The Indian Arbitration Act, 1899, the first formal statute on arbitration in India, was applicable to the presidency towns, which were Calcutta, Madras and Bombay. Of the places listed, Bombay is the presidency town.
Bangalore and Lucknow were not presidency towns, and Bengal was a Presidency, not a town; the town in Bengal was Calcutta. So Bombay is the only option that fits.
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