Free AAFM CTEP Exam Questions

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  • AAFM CTEP Exam Questions
  • Provided By: AAFM
  • Exam: Chartered Trust & Estate Planner (CTEP)
  • Certification: AAFM Certification
  • Total Questions: 475
  • Updated On: Sep 27, 2024
  • Rated: 4.9 |
  • Online Users: 950
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  • Question 1
    • The goals of Estate Planning can be broadly divided into_______ categories. 

      Answer: A
  • Question 2
    • The application for Registration of Trust has to be made in the prescribed Form No. _______________ to the Chief Commissioner of Income Tax or the Commissioner of Income Tax of the area concerned. 

      Answer: C
  • Question 3
    • As per Payment of Gratuity Act, Employees are entitled to ___________ terminal wages as gratuity for each year of completed service or part thereof in excess of 6 months. Seasonal employees are entitled to __________ terminal salary for each season of service

      Answer: B
  • Question 4
    • Which of the following statement(s) about Public Trust is/are correct?

      2 

      Answer: B
  • Question 5
    • Under the provisions of Section 6 of the Hindu Succession Act, 1956, where a Hindu male dies intestate on or after ______________, having at the time of his death an interest in a Mitakshara coparcenary property leaving behind a female heir of the class I category, then his interest in the coparcenary property shall devolve by succession under that Act and not by survivorship?

      Answer: D
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