Free CTEP Exam Braindumps (page: 56)

Page 56 of 119

______________ of the Transfer Property Act permits the transfer of property only to one or more living persons.

  1. Section 1
  2. Section 5
  3. Section 8
  4. Section 10

Answer(s): B



Which of the following structure of Unborn Trust is not valid?

  1. A minor creating Trust for Would-be-Husband
  2. An unmarried person creating trust for Would-be-Mother-in-Law
  3. A married person creating trust for Would-be-Daughter
  4. Both a and b

Answer(s): B



Private Sector hospitals, which are formed under a trust as a society, would be exempt from the tax if the annual receipts of such hospital or institution do not exceed _______________ as per Section 10(23(C).

  1. 1 crore
  2. 50 Lakhs
  3. 10 crores
  4. 10 Lakhs

Answer(s): A



As per the Societies Registration Act, no society shall be dissolved unless ______________ of the members shall have expressed a wish for their votes delivered in person or by proxy, at a general meeting convened for the purpose.

  1. One-third
  2. Two-Thirds
  3. Two-fifths
  4. Three-Fifths

Answer(s): D



Page 56 of 119



Post your Comments and Discuss AAFM CTEP exam with other Community members:

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Out of curiosity (I thought the 1101 had 90 questions and the 1102 has 90 questions) which questions exactly on this test rotation or is it random?
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INDIA
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I am planning to take this exam. Are these 257 questions enough to clear it? Also, does each section have a passing percentage, or is it based on the overall ?
INDIA
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more questions on databricks as well please
Anonymous
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Documentation
Anonymous
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Great article! I especially appreciated the way you broke down the questions
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Some of the questions are tought. Need to practice more..
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Verified answers
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