Indian Trusts Act MCQ question and answer

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"Of all the exploits of Equity, the largest and the most important is the invention and development of Trust" is a statement given by

A) Henry Levey Ulman B) Snell C) Maitland D) Salmond

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Answer & Solution

Answer: Option C

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The trustee has no right to be reimbursed for-

A) The expenses made by him for improvement of the property B) The expenses reasonably necessary to the due administration of the trust C) The preservation of the trust property D) The protection of rights of beneficiaries

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Answer & Solution

Answer: Option A

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Which one of the following statements regarding 'Public Trust' doctrine is not true?

A) It is based on legal theory of the ancient Roman Empire B) The underlying idea of this doctrine is to develop trust among the public C) 'Environment' bears a very close relationship to this doctrine D) The doctrine enjoins upon the resources for the enjoyment by the general public

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Answer & Solution

Answer: Option B

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Liability of trustee is provided under

A) Section 23 to 29 of the Indian Trust Act B) Section 11 to 18 of the Indian Trust Act C) Section 55 to 69 of the Indian Trust Act D) Section 51 to 65 of the Indian Trust Act

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Answer & Solution

Answer: Option A

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The concept of trust in the legal sense is unknown to

A) The Hindu system B) The Mohammedan system C) The English system D) None of the above

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Answer & Solution

Answer: Option A

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Indian Trusts Act MCQ question and answer | Law MCQ question