Sections _____ to______ of the Hindu Succession Act, 1956 lay down the general rules as to the order of succession when a Hindu male dies intestate.
A. 8, 13
B. 5, 8
C. 1, 13
D. 1, 8
正解:A
質問 2:
________________ is an informal type of Trust that is created during the lifetime of the grantor by depositing money into an account at a bank or other Financial Institution in the
grantor's name as the Trustee for another person.
A. Grantor Retained Income Trust
B. Dynasty Trust
C. Spendthrift Trust
D. Totten Trust
正解:D
質問 3:
With respect to Workmen's Compensation Act, if distinction is made on the ground of
duration of incapacity it may extend to

A. (i),(ii) and (v)
B. All of the above
C. Only (i) and (ii)
D. Only (iii) and (v)
正解:D
質問 4:
What is the ultimate goal of Estate Planning?
A. Increase the value of client's assets
B. Conserve the existing assets of client
C. To reduce estate taxes to minimum
D. To fulfill the estate owner's wishes as closely as possible
正解:D
質問 5:
Dharampal has let out his house property at monthly rate of Rs. 12000. He has paid Rs.3500 as annual municipal tax. He wants to know the Net Annual value of his house at Bhuj for AY 2011-12. The Municipal value of the house is Rs. 90,000, Fair rent Rs. 1,40,000, Standard rent Rs. 1,20,000. The house was vacant for one month during the previous year 2010-11 and the rent has not changed since then.
A. Rs. 1,40,500
B. Rs. 1,28,500
C. Rs. 1,36,500
D. Rs. 1,32,000
正解:B
質問 6:
Estate Planning Process is eight-step procedure that a manager has to follow. The Eight Steps are as given below (not in any order)

The correct order is
A. (ii)-(i)-(iii)-(iv)-(vi)-(vii)-(v)-(viii)
B. (i)-(ii)-(iii)-(iv)-(v)-(vi)-(vii)-(viii)
C. (ii)-(i)-(iii)-(iv)-(vi)-(v)-(vii)-(viii)
D. (ii)-(i)-(iii)-(iv)-(vi)-(vii)-(viii)-(v)
正解:D
質問 7:
Which of the following transfers are exempt from Inheritance Tax?

A. Neither (i) nor (ii)
B. Only (i)
C. Both (i) and (ii)
D. Only (ii)
正解:C
質問 8:
Which of the following statement(s) about Islamic Banking is/are correct?

A. Neither (i) nor (ii)
B. Only (i)
C. Both (i) and (ii)
D. Only (ii)
正解:D
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