Pass the AAFM AAFM Certification CTEP Questions and answers with CertsForce

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Viewing questions 31-40 out of questions
Questions # 31:

_____________ of the Hindu Succession Act,1956 deals with the Order of Succession among heirs in the Schedule.

Options:

A.

Section 13


B.

Section 10


C.

Section 9


D.

Section 8


Expert Solution
Questions # 32:

Which assets are totally except from wealth tax

Question # 32

Options:

A.

(i), (ii), (iii)


B.

(i), (ii), (iii), (iv), (v)


C.

(iv), (v)


D.

(ii), (iii), (v)


Expert Solution
Questions # 33:

In UK, the nil rate band for the 2012/2013 tax year is ____________

Options:

A.

£250,000


B.

£325,000


C.

£350,000


D.

£225,000


Expert Solution
Questions # 34:

In Singapore, the deadline for filing personal tax return is _________.

Options:

A.

31-Mar


B.

15-Apr


C.

31-Dec


D.

15-Sep


Expert Solution
Questions # 35:

A father and his _________________ can also form an HUF.

Options:

A.

Married Daughters


B.

Unmarried Daughters


C.

Married Sons


D.

Unmarried Sons


Expert Solution
Questions # 36:

Which of the following statement(s) about Hire Purchase Agreement is/are correct?

Question # 36

Options:

A.

Only (i)


B.

Only (ii)


C.

Both (i) and (ii)


D.

Neither (i) or (ii)


Expert Solution
Questions # 37:

Which of the following statement(s) about ESOP is/are incorrect?

Question # 37

Options:

A.

Both (i) and (ii)


B.

Only (i)


C.

Only (ii)


D.

Neither (i) nor (ii)


Expert Solution
Questions # 38:

Which of the following statement(s) about Ancillary Probate is/are false?

Question # 38

Options:

A.

Only (i)


B.

Only (ii)


C.

Both (i) and (ii)


D.

Neither (i) nor (ii)


Expert Solution
Questions # 39:

Which of the following about “Succession Plan” is/are true?

Question # 39

Options:

A.

Neither(i) nor (ii)


B.

Only (i)


C.

Only (ii)


D.

Both (i) and (ii)


Expert Solution
Questions # 40:

Public Limited Companies have a minimum paid up capital of ______________ or such higher capital as may be prescribed.

Options:

A.

Rs 1,00,000


B.

Rs.3,00,000


C.

Rs.5,00,000


D.

Rs10,00,000


Expert Solution
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