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Indian Trusts Act Law 50 GK MCQ SET:-1
Q41. Can a beneficiary transfer his interest ?
(A) Yes
(B) No
(C) Only if he is competent to contract
(D) None of the above
Answer: Only if he is competent to contract
Q42. 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 . . . . . . .
(A) Trustee
(B) Beneficiary
(C) Testator’s legal representative
(D) None of the above
Answer: Testator’s legal representative
Q43. Choose the wrong statement.
A trustee who has accepted the trust cannot afterwards renounce it, except
(A) With the permission of a principal Civil Court of original jurisdiction
(B) If the beneficiary is competent to contract, with his consent
(C) By virtue of a special power in the instrument of trust
(D) With the written authorization from the author of the trust
Answer: With the written authorization from the author of the trust
Q44. The power of appointment of new trustee is exercisable in all, but one
(A) Where the trustee is dead
(B) Where he accepts an inconsistent trust
(C) Where he remains out of India for a continuous period of 1 year
(D) Where he refuses to act
Answer: Where he remains out of India for a continuous period of 1 year
Q45. Under which section of the Trust Act, 1882 the definition of the breach of trust is provided ?
(A) 1
(B) 2
(C) 3
(D) 5
Answer: 3