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Indian Trusts Act

Practice Test 1

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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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Duties of trustee excludes

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The concept of trust in the legal sense is unknown to

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

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Trustees may be appointed except

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Who among the following cannot become beneficiary?

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

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Liability of trustee is provided under

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

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

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

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

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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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Liability for breach of trust has been provided in

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Rights of beneficiaries are provided under

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Can a beneficiary transfer his interest?

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Tracing is a claim

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

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Who can create trust among these?

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

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

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

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The concept of ‘trusts’ originated in

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Who out of the following cannot create a trust?

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Instances of passive breach of trust excludes

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

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Constructive trusts arises

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

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The Indian Trust Act shall apply to

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

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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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A trust is not extinguished

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

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The trustee has no right to be reimbursed for-

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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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