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Question 20

The maximum gratuity payable as per Payment of Gratuity Act is __________.

Options:

A.

Rs. 2,50,000

B.

Rs.3,00,000

C.

Rs. 10,00,000

D.

Rs.4,00,000

Question 21

There are generally________ types of Private Foundations. Out of these, in ____________ arrangement, the donor has no direct participation in any charitable work.

Options:

A.

Two, Company-Sponsored Foundation

B.

Three, Non-Operating Foundation

C.

Two, Non-Operating Foundation

D.

Three, Company-Sponsored Foundation

Question 22

For which of the following stage of Business Cycle a succession plan is not prepared?

Options:

A.

Survival

B.

Growth

C.

Maturity

D.

New Growth or Winding Down

Question 23

___________ is a brief description of what you do and what you serve.

Options:

A.

Personal Brochure

B.

Elevator Speech

C.

Public Persona

D.

Direct mail

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Exam Code: CTEP
Exam Name: Chartered Trust & Estate Planner® (CTEP®) Certification Examination
Last Update: Nov 21, 2024
Questions: 472
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