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Question 1

Which of the following statement(s) about Minute Book is/are correct?

A : Both (i) and (ii)

B : Neither (i) nor (ii)

C : Only (i)

D : Only (ii)

Answer: D

Question 2

As per Payment of Gratuity Act, Employees are entitled to ___________ terminal wages as gratuity for each year of completed service or part thereof in excess of 6 months. Seasonal employees are entitled to __________ terminal salary for each season of service

A : 15 days, 15 days

B : 15 days, 7 days

C : 30 days, 30 days

D : 30 days, 45 days

Answer: B

Question 3

______________ of the Hindu Succession Act,1956 groups the heirs of a male intestate into four groups and lays down that the property first devolves upon the heirs of Class I of the Schedule

A : Section 1

B : Section 8

C : Section 12

D : Section 9

Answer: B

Question 4

Which one of the above statement(s) is/are correct?

A : (i) only

B : (ii) only

C : Both are correct

D : Both are incorrect

Answer: B

Question 5

Which of the following statement(s) about Employee Provident fund is/are correct?

A : Only (i) and (iii)

B : Only (ii) and (iv)

C : None of the above

D : All of the above

Answer: D

Name:	Chartered Trust & Estate Planner (CTEP)
Exam Code:	CTEP
Certification:	AAFM Certification
Vendor:	AAFM
Total Questions:	475
Last Updated:	Jul 22, 2026

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