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Chartered Trust & Estate Planner® (CTEP®) Certification Examination

Last Update Apr 17, 2024
Total Questions : 472

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AAFM CTEP Last Week Results!

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86%

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Chartered Trust & Estate Planner® (CTEP®) Certification Examination Questions and Answers

Questions 1

Which of the following statements about Discretionary Trust is/are correct?

Options:

A.

Both (i) and (ii)

B.

Only (i)

C.

Only (ii)

D.

Neither (i) nor (ii)

Questions 2

A Written Trust deed is always desirable, if not required statutorily, due to which of the following benefits?

Options:

A.

All of the above

B.

All except (ii)

C.

All except (ii)

D.

Both (ii) and (iii)

Questions 3

As per ______________ of the Indian Trust Act, the subject matter of a trust must be properly transferable to the beneficiary.

Options:

A.

Section 1

B.

Section 3

C.

Section 5

D.

Section 8

Next Question