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 2:
Which of the following is/are advantage(s) of Living Trust?
A. All of the above
B. All except (ii)
C. Only (iii)
D. None of the above
正解:A
解説: (Pass4Test メンバーにのみ表示されます)
質問 3:
Compulsory maintenance of account is required u/s 44AA of IT, if the gross receipt/ total sales exceed _______
A. Rs 40,00,000
B. Rs. 5,00,000
C. Rs 10,00,000
D. Rs 15,00,000
正解:C
質問 4:
According to HMRC, the number of families caught by Inheritance Taxes has _________________ over the last 10 years.
A. Remained the same
B. Doubled
C. More than Doubled
D. Tripled
正解:C
質問 5:
________________ is not a type of last Will and testament, although is an important part of any good estate plan.
A. Living Will
B. Pour Over Will
C. Oral Will
D. Written Will
正解:A
質問 6:
Which of the following statement(s) about Credit Shelter Trust is/are correct?
A. All of the above
B. All except (i)
C. Only (ii) and (iii)
D. Both (i) and (iv)
正解:A
質問 7:
Lokesh purchased a flat on 1-4-1996 for Rs. 10,00,000/-. He sells the same flat on 1-102006 for Rs. 25,00,000/-. As a CTEP calculate the Indexed Cost of Acquisition on which capital gain would be calculated. (The CII of year 1995-96 is 281, for year 1996-97 is 305, for year 2005-06 is 497 and for year 2006-07 is 519).
A. Rs.17,68,683
B. Rs.17,01,639
C. Rs.16,29,508
D. Rs.18,46,975
正解:B
質問 8:
The property of a female Hindu dying intestate shall devolve according to the rules set out in _________ of the Hindu Succession Act, 1956.
A. Section 15
B. Section 17
C. Section 18
D. Section 16
正解:D
Funaki -
CTEP必要となる基礎を幅広く習得させたいという思いでした。CTEP問題集の問題はなぜか本番試験にほぼ出てて、高いスコアで合格するには十分ですね。