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

Question 37

Which of the following statement is true?

Exhibit:

Only (i)

Only (ii)

Both (i) and (ii)

Neither (i) nor (ii)

Question 38

As per Payment of Gratuity Act, Gratuity shall be payable to an employee after he has rendered continuous service for not less than __________

2 years

5 years

10 years

15 years

Question 39

Which of the following statement(s) about Estate Planning is/are true?

Neither (i) nor (ii)

Both (i) and (ii)

Only(i)

Only (ii)

Question 40

Estate tax is also called ________

Succession Tax

Voluntary Tax

Involuntary Tax

Transfer Tax