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Indian Trusts Act

Practice Test 1

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Instances of passive breach of trust excludes

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Who can create trust among these?

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Liability of trustee is provided under

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Who among the following cannot become beneficiary?

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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

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A, a trustee for B of Rs 10,000 wrongfully invests Rs 10,000 in the purchase of certain land. Is B entitled to the land?

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Which of the following Sections of the Indian Trust Act deals with liability for breach of trust?

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Choose the correct answer
(1) A trustee may also be a beneficiary and can be the sole beneficiary
(2) A trustee may also be a beneficiary, but cannot be the sole beneficiary
(3) A donor may also constitute himself a trustee, and though remaining in possession, may transfer legal possession by declaring his possession as donee’s.
(4) A donor may also constitute himself a trustee, and though remaining in possession, cannot transfer legal possession by declaring his possession as donee’s.

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The word “Trust” was first time used in ancient legal world by

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

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The trustee has no right to be reimbursed for-

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Can a beneficiary transfer his interest?

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Under which section of the Indian Trusts Act 1882, Liability for breach of trusts has been provided?

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A bequeaths certain property to B, having full confidence that he will dispose of it for the benefit of C

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

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A trust is not extinguished

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Constructive trusts arises

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The concept of trust in the legal sense is unknown to

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

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A trust created by the will of the testator may be revoked by him at his pleasure

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An agreement which delegates a trustee’s powers and duties to another trustee is

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

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Where the trust property consists of money and cannot be applied immediately or at an early date to the purposes of the trust, the trustee is bound (subject to any direction contained in the instrument of trust) to invest the money on the specified securities and on no others. Which Section of the Indian Trusts Act, 1882 contains this provision?

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The so-called “The Statute of “Frauds” still noted in the Schedule of the Indian Trusts Act, 1882

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Which section of the Indian Trusts Act, 1882 describes the persons competent to create trust?

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Where the object of the transfer is illegal, the court will not help the transferor in

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The enactments relating to trust in India are all, but one

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Duties of trustee excludes

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Who gave the following comment?
“Trust is the very centre and kernel of Equity”

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Tracing is a claim

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A plaintiff, who sets up a plea of coercion has to establish all, but one, of the following

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Who out of the following cannot create a trust?

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Liability for breach of trust has been provided in

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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 . . . . . . .

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Trustees may be appointed except

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Which section of the Indian Trusts Act, 1882 deals with liability for breach of trust?

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

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

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For creating a trust of moveable property, it is not necessary that

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The Indian Trust Act shall apply to

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In which of the following cases did the Supreme Court hold that ‘no trustee can get a discharge, unless he renders account of his management and this liability is irrespective of any question of negligence or willful default’

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Rights of beneficiaries are provided under

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

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The concept of ‘trusts’ originated in

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Which of the following Trusts have been considered to be valid?

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