Free CTEP Exam Braindumps (page: 53)

Page 53 of 119

What is the full form of SBT?

  1. Special Beneficiary Trust
  2. Special Benefactor Trust
  3. Single Beneficiary Trust
  4. Single Benefactor Trust

Answer(s): A



Under provisions of _________________ it is provided that the profits and gains of business of a private trust is chargeable to income tax at the maximum marginal rate with effect from Assessment Year 1985-1986.

  1. Section 161 (4A)
  2. Section 164 (4A)
  3. Section 161 (1A)
  4. Section 164 (1A)

Answer(s): D



The Societies Registration Act came into force on _____________________

  1. 24th May,1860
  2. 24th May,1862
  3. 21st May,1860
  4. 21st May,1862

Answer(s): C



Which of the following cannot be transferred with the help of Trust?

  1. Real Estate
  2. Stock Shares
  3. Annuities
  4. None of the above

Answer(s): D



Page 53 of 119



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In which Service Studio layer can Entities be found? I think Answer should be Data but It's Interface
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