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Indian Trusts Act

Practice Test 1

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

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

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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, 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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A trust is not extinguished

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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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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 enactments relating to trust in India are all, but one

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Liability for breach of trust has been provided in

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

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Who among the following cannot become beneficiary?

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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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“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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The trustee has no right to be reimbursed for-

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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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Liability of trustee is provided under

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

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Trustees may be appointed except

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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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The concept of ‘trusts’ originated in

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The concept of trust in the legal sense is unknown to

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Duties of trustee excludes

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Tracing is a claim

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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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Can a beneficiary transfer his interest?

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The Indian Trust Act shall apply to

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

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Who out of the following cannot create a 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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Constructive trusts arises

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

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

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

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Rights of beneficiaries are provided under

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

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

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Where the object of the transfer is illegal, the court will not help the transferor 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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Who can create trust among these?

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