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 Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option C No explanation is given for this question Let's Discuss on Board
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 Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option A No explanation is given for this question Let's Discuss on Board
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 Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option B No explanation is given for this question Let's Discuss on Board
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 Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option A No explanation is given for this question Let's Discuss on Board
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 Answer & Solution Discuss in Board Save for Later Answer & Solution Answer: Option B No explanation is given for this question Let's Discuss on Board
