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AAFM CTEP Exam With Confidence Using Practice Dumps

Exam Code:
CTEP
Exam Name:
Chartered Trust & Estate Planner (CTEP) Certification Examination
Certification:
Vendor:
Questions:
472
Last Updated:
Apr 4, 2025
Exam Status:
Stable
AAFM CTEP

CTEP: AAFM Certification Exam 2025 Study Guide Pdf and Test Engine

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Chartered Trust & Estate Planner (CTEP) Certification Examination Questions and Answers

Question 1

The maximum limit of net wealth not chargeable to tax under provisions of the Wealth Tax Act,________ is Rs.___________ at present.

Options:

A.

1957; 10 Lakhs

B.

1967; 15 Lakhs

C.

1957; 15 Lakhs

D.

1967; 25 Lakhs

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Question 2

In case of __________ trust there is no Inheritance Tax if the settlor survives for _________ years.

Options:

A.

Absolute, Three

B.

Absolute, Seven

C.

Discretionary, Three

D.

Discretionary, Seven

Question 3

There are ____________ sources of Law.

Options:

A.

Two

B.

Three

C.

Four

D.

Infinite