Indian Trusts Act MCQ question and answer

1

Which one of the following is not necessary for the creation of trust?

A) The author of trust B) Trustee C) Legal representative D) Beneficiary

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Answer & Solution

Answer: Option C

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2

Tracing is a claim

A) In rem B) In personam C) In rem in general but in personam in exceptional cases D) In rem in exceptional cases but in personam in general

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Answer & Solution

Answer: Option A

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3

Trustees may be appointed except

A) Under a power contained in the instrument of trust B) By the consent of the beneficiary C) By the Court D) Under a statutory power

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Answer & Solution

Answer: Option B

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4

The Indian Trust Act shall apply to

A) The law relating to private trusts and trustees B) Mutual relations of the members of an undivided family C) Public or private religious or charitable endowments D) Trusts to distribute prizes taken in war among the captors

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Answer & Solution

Answer: Option A

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5

Which section of the Indian Trusts Act provides that trust money can be invested by the Trustee

A) Section 17 B) Section 20 C) Section 24 D) Section 22

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Answer & Solution

Answer: Option B

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6

Can a beneficiary transfer his interest?

A) Yes B) No C) Only if he is competent to contract D) None of the above

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Answer & Solution

Answer: Option C

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7

Where property is bequeathed and the revocation of the bequest is prevented by coercion, the legatee must hold the property for the benefit of the . . . . . . .

A) Trustee B) Beneficiary C) Testator's legal representative D) None of the above

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Answer & Solution

Answer: Option C

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8

Choose the wrong statement.
A trustee who has accepted the trust cannot afterwards renounce it, except

A) With the permission of a principal Civil Court of original jurisdiction B) If the beneficiary is competent to contract, with his consent C) By virtue of a special power in the instrument of trust D) With the written authorization from the author of the trust

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Answer & Solution

Answer: Option D

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9

The power of appointment of new trustee is exercisable in all, but one

A) Where the trustee is dead B) Where he accepts an inconsistent trust C) Where he remains out of India for a continuous period of 1 year D) Where he refuses to act

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Answer & Solution

Answer: Option C

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10

Under which section of the Trust Act, 1882 the definition of the breach of trust is provided?

A) 1(d) B) 2 C) 3 D) 5

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Answer & Solution

Answer: Option C

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Indian Trusts Act MCQ question and answer | Law MCQ question