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Helping Hand Questions for CTEP

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Question 60

In_________ type of arrangement, the mortgagor binds himself to repay the mortgage money on a certain date.

Options:

A.

Simple Mortgage

B.

English Mortgage

C.

Usufructuary Mortgage

D.

Balloon Mortgage

Question 61

X furnishes the following particulars for the compilation of his wealth-tax return for assessment year 2012-13.

Calculate the amount on which Wealth Tax is Payable.

Options:

A.

Rs. 2 lakh

B.

Rs. 9.50 lakh

C.

Rs. 17 lakh

D.

Rs. 9 lakh

Question 62

As per Workmen’s Compensation Act, in case there is default in paying compensation .

Options:

A.

Only (i)

B.

Only (ii)

C.

Neither (i) nor (ii)

D.

Both (i) and (ii)

Question 63

Which of the following statement(s) about Employee Provident fund is/are correct?

Options:

A.

Only (i) and (iii)

B.

Only (ii) and (iv)

C.

None of the above

D.

All of the above

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Exam Code: CTEP
Exam Name: Chartered Trust & Estate Planner® (CTEP®) Certification Examination
Last Update: Dec 22, 2024
Questions: 472
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