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AAFM CTEP Exam Questions
Chartered Trust & Estate Planner (CTEP) Certification Examination (Page 2 )

Updated On: 9-Apr-2026
Page 2 of 96
PDF with 472 Questions

Estate Tax in India is _______

  1. Nil
  2. 10%
  3. 30%
  4. Tax Rate depends on the estate value

Answer(s): A



Estate tax is also called ________

  1. Succession Tax
  2. Voluntary Tax
  3. Involuntary Tax
  4. Transfer Tax

Answer(s): B



________ plan involves only Business assets.

  1. Financial
  2. Succession
  3. Estate
  4. Contingency

Answer(s): B



Estate planning has _________ steps.

  1. Two
  2. Three
  3. Four
  4. Five

Answer(s): D



The goals of Estate Planning can be broadly divided into_______ categories.

  1. Two
  2. Three
  3. Four
  4. Five

Answer(s): A



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