Free CTEP Exam Braindumps (page: 69)

Page 69 of 119

Which of the following statement(s) about Discretionary Trust is/are correct?

  1. All of the above
  2. All except (i)
  3. All except (iii)
  4. Only (ii)

Answer(s): C



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

  1. All of the above
  2. All except (ii)
  3. All except (ii)
  4. Both (ii) and (iii)

Answer(s): A



Which of the following is/ are disadvantage(s) of a Will?

  1. All of the above
  2. Only (iv)
  3. Both (ii) and (iv)
  4. None of the above

Answer(s): A



For Registration of Charitable Trust an application should be submitted with Covering Letter, Court Stamp of ___________ and Certified True Copy of Trust Deed. The application should be made within _________ of creation of Trust. The application should be in Form as specified in _____________ under ____________ and duly notarized.

  1. Rs.1, 1 month, Schedule I, Rule 1
  2. Rs.10, 1 month, Schedule II, Rule 1
  3. Rs.2, 3 months, Schedule II, Rule 6
  4. Rs.100, 3 months, Schedule I, Rule 2

Answer(s): C



Page 69 of 119



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

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Felicia Simley commented on December 07, 2024
great questions
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Rohan commented on December 07, 2024
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helpful and similar to exam
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The Magic Beans commented on December 06, 2024
Taking my exam tomorrow Dec 7 / 2024 I will let you know if this questions are similar
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Are these question for the Salesforce Media Cloud Accredited Professional? Can someone answer, please
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