Free MCQs
The Indian Trusts Act, 1882 MCQs Set-4
11 min read
Download Indian Trusts Act MCQs PDF
Download Indian Trusts Act One Liner Notes PDF
Download Indian Trusts Act All MCQs +One Liner Notes
Also Explore:
There are 4 Sets of MCQs available for The Indian Trusts Act, 1882, you are advised to explore all the sets :
1. When trustee mixes trust-property with his own:
a. Trust ends
b. Property becomes personal
c. Beneficiary gets charge on entire fund
d. Court takes over
2. Beneficiary’s charge extends to:
a. Trust portion only
b. Entire mixed fund
c. Trustee’s property only
d. Court assets
3. Section 67 of the Indian Trusts Act, 1882 deals with:
a. Liability of partner-trustee
b. Beneficiary rights
c. Trustee duties
d. Investment
4. If a trustee-partner uses trust-property in partnership:
a. All partners are liable
b. No one is liable
c. Only trustee is liable
d. Other partners are liable only with notice
5. Partners without notice are:
a. Liable
b. Partially liable
c. Not personally liable
d. Jointly liable
6. Partners with notice are:
a. Not liable
b. Individually liable
c. Jointly and severally liable
d. Court liable
7. Section 68 of the Indian Trusts Act, 1882 deals with:
a. Trustee liability
b. Liability of beneficiary joining in breach
c. Investment
d. Transfer of interest
8. A beneficiary is liable if he:
a. Remains silent
b. Joins in breach of trust
c. Receives income
d. Holds property
9. Liability arises if beneficiary:
a. Objects
b. Reports breach
c. Knowingly gains advantage from breach
d. Refuses benefit
10. Liability arises if beneficiary:
a. Protects trust
b. Reports breach
c. Conceals breach or fails to act
d. Seeks court help
11. Liability arises if beneficiary:
a. Acts honestly
b. Misleads trustee
c. Remains unaware
d. Refuses benefit
12. Consequence of such conduct is:
a. Removal of trustee
b. Criminal liability
c. Impounding of beneficiary’s interest
d. Trust termination
13. Impounding continues until:
a. Court orders
b. Trustee decides
c. Loss is compensated
d. Property is sold
14. Exception applies for:
a. Minor beneficiary
b. Married woman with restricted interest
c. Government property
d. Trustee
15. Section 69 of the Indian Trusts Act, 1882 deals with:
a. Beneficiary transfer rights
b. Trustee duties
c. Investment
d. Liability rules
16. A transferee of beneficiary gets:
a. Only rights
b. Only liabilities
c. Rights without liabilities
d. Rights and liabilities of beneficiary
17. Such rights and liabilities are determined at:
a. Date of trust creation
b. Date of transfer
c. Date of breach
d. Date of suit
18. Section 70 of the Indian Trusts Act, 1882 deals with:
a. Discharge of trustee
b. Office how vacated
c. Appointment of trustee
d. Trustee liability
19. The office of a trustee is vacated by:
a. Resignation only
b. Court order only
c. Death or discharge
d. Beneficiary request
20. Section 71 of the Indian Trusts Act, 1882 deals with:
a. Discharge of trustee
b. Trustee duties
c. Beneficiary rights
d. Investment
21. Trustee may be discharged by:
a. Government order
b. Extinction of trust
c. Beneficiary’s will
d. Court decree only
22. Trustee is discharged when:
a. He resigns
b. Trust begins
c. Duties are completed
d. Court refuses
23. Discharge may occur by:
a. Instrument of trust
b. Beneficiary only
c. Trustee alone
d. Government
24. Trustee may be discharged by:
a. Court only
b. Appointment of new trustee
c. Beneficiary request only
d. Registrar
25. Discharge requires consent of:
a. Trustee only
b. Court only
c. Beneficiary or all competent beneficiaries
d. Government
26. Trustee may be discharged by:
a. Government
b. Court
c. Beneficiary
d. Registrar
27. Section 72 of the Indian Trusts Act, 1882 deals with:
a. Petition for discharge
b. Trustee duties
c. Investment
d. Beneficiary rights
28. A trustee may apply for discharge by:
a. Suit
b. Petition
c. Appeal
d. Agreement
29. Petition is made to:
a. High Court
b. Supreme Court
c. Principal Civil Court of original jurisdiction
d. District Magistrate
30. Court may discharge trustee if:
a. Trustee requests
b. Beneficiary agrees
c. Sufficient reason exists
d. Government directs
31. Court may order costs to be paid from:
a. Trustee
b. Beneficiary
c. Government
d. Trust-property
32. If no sufficient reason exists, discharge is allowed only if:
a. Trustee insists
b. Beneficiary agrees
c. Proper replacement is available
d. Court permits
33. Section 73 of the Indian Trusts Act, 1882 deals with:
a. Discharge of trustee
b. Appointment of new trustees
c. Trustee duties
d. Beneficiary rights
34. A new trustee may be appointed when existing trustee:
a. Acts properly
b. Performs duties
c. Dies, disclaims, or becomes incapable
d. Is appointed
35. Appointment can be made when trustee is absent from India for:
a. 3 months
b. 1 year
c. 6 months
d. 2 years
36. Appointment is possible when trustee:
a. Accepts duties
b. Becomes insolvent
c. Performs properly
d. Is active
37. A new trustee may be appointed when trustee:
a. Accepts trust
b. Refuses to act
c. Performs duties
d. Is beneficiary
38. Appointment may be made by:
a. Beneficiary
b. Court only
c. Person nominated in instrument of trust
d. Government
39. If no such person exists, appointment may be made by:
a. Government
b. Author of trust (if alive and competent)
c. Registrar
d. Beneficiary only
40. Appointment may also be made by:
a. Any person
b. Surviving or continuing trustees
c. Court clerk
d. Government officer
41. Legal representative of last trustee may appoint:
a. With consent of beneficiary
b. Without authority
c. As per discretion
d. New trustee
42. Retiring trustees may appoint new trustee:
a. Without consent
b. With court consent
c. With government approval
d. With beneficiary request
43. Appointment of new trustee must be:
a. Oral
b. Registered
c. Written under hand
d. Court certified
44. Number of trustees may:
a. Decrease only
b. Remain fixed
c. Increase
d. Be decided by court
45. Official Trustee may be appointed:
a. Without consent
b. With consent and court order
c. By beneficiary
d. By government
46. A person nominated trustee in a will but dying before testator is treated as:
a. Invalid trustee
b. Continuing trustee
c. Dead trustee for this section
d. Beneficiary
47. Continuing trustee includes:
a. Only active trustee
b. Retiring or refusing trustee willing to act
c. Beneficiary
d. Court
48. Section 74 of the Indian Trusts Act, 1882 deals with:
a. Appointment by Court
b. Vesting of property
c. Survival of trust
d. Trustee duties
49. Court appoints new trustee when:
a. Trustee resigns
b. Beneficiary demands
c. Appointment under section 73 is impracticable
d. Government directs
50. Application to Court is made by:
a. Trustee
b. Beneficiary
c. Government
d. Registrar
51. Application is made by:
a. Suit
b. Appeal
c. Petition
d. Agreement
52. Court must consider wishes of:
a. Government
b. Author of trust
c. Registrar
d. Trustee only
53. Court also considers wishes of:
a. Beneficiary
b. Court officer
c. Person empowered to appoint trustee
d. Government
54. Court considers whether appointment will:
a. Delay trust
b. Affect court
c. Benefit trustee
d. Promote or impede execution of trust
55. Where multiple beneficiaries exist, Court considers:
a. Majority
b. Trustee interest
c. Interests of all beneficiaries
d. Government policy
56. Section 75 of the Indian Trusts Act, 1882 deals with:
a. Survival of trust
b. Vesting of trust-property in new trustees
c. Trustee duties
d. Beneficiary rights
57. On appointment of new trustee, property:
a. Remains with old trustee
b. Transfers to beneficiary
c. Vests in new trustee
d. Goes to court
58. Property may vest:
a. Solely or jointly
b. Only solely
c. Only jointly
d. With government
59. New trustee has:
a. Limited powers
b. No authority
c. Same powers as original trustee
d. Court-controlled powers
60. Section 76 of the Indian Trusts Act, 1882 deals with:
a. Trustee liability
b. Survival of trust
c. Vesting
d. Appointment
61. On death of one co-trustee:
a. Trust ends
b. Court takes over
c. Trust survives
d. Property lapses
62. Trust-property passes to:
a. Beneficiary
b. Court
c. Government
d. Remaining trustees
63. Exception applies when:
a. Court orders
b. Beneficiary agrees
c. Instrument provides otherwise
d. Government directs
64. Section 77 of the Indian Trusts Act, 1882 deals with:
a. Revocation of trust
b. Extinguishment of trust
c. Trustee duties
d. Beneficiary rights
65. A trust is extinguished when:
a. Trustee resigns
b. Beneficiary requests
c. Purpose is completely fulfilled
d. Court orders
66. A trust is extinguished when its purpose:
a. Becomes beneficial
b. Becomes unlawful
c. Becomes profitable
d. Becomes disputed
67. A trust is extinguished when:
a. Trustee dies
b. Beneficiary transfers
c. Property increases
d. Fulfilment becomes impossible
68. Destruction of trust-property leads to:
a. Continuation
b. Suspension
c. Extinguishment
d. Transfer
69. A revocable trust is extinguished when:
a. Trustee resigns
b. Court directs
c. Beneficiary agrees
d. It is expressly revoked
70. Section 78 of the Indian Trusts Act, 1882 deals with:
a. Extinguishment
b. Trustee duties
c. Revocation of trust
d. Investment
71. A trust created by will may be revoked by:
a. Beneficiary
b. Trustee
c. Court
d. Testator
72. Such revocation is at:
a. Court’s discretion
b. Beneficiary’s will
c. Pleasure of testator
d. Government order
73. A non-testamentary trust may be revoked by:
a. Trustee
b. Consent of all competent beneficiaries
c. Court only
d. Government
74. Revocation is possible when:
a. Trustee agrees
b. Beneficiary demands
c. Power of revocation is reserved
d. Court orders
75. Trust for payment of debts may be revoked when:
a. Communicated to creditors
b. Not communicated to creditors
c. Court orders
d. Trustee agrees
76. In such case revocation is at pleasure of:
a. Beneficiary
b. Court
c. Trustee
d. Author of trust
77. Section 79 of the Indian Trusts Act, 1882 deals with:
a. Revocation limitation
b. Trustee duties
c. Beneficiary rights
d. Investment
78. Revocation cannot defeat:
a. Future acts
b. Beneficiary rights
c. Trustee’s duly executed acts
d. Court orders
79. Section 80 of the Indian Trusts Act, 1882 deals with:
a. Revocation
b. Obligation in nature of trust
c. Trustee liability
d. Beneficiary rights
80. Obligation in nature of trust is created:
a. Always
b. In specified cases
c. By court only
d. By beneficiary
81. Section 83 of the Indian Trusts Act, 1882 deals with:
a. Illegal transfer
b. Trust incapable of execution
c. Revocation
d. Investment
82. Where trust cannot be executed:
a. Trustee becomes owner
b. Property lapses
c. Trustee holds for author or representative
d. Court takes over
83. If trust-property remains unexhausted:
a. Beneficiary takes
b. Trustee keeps
c. Government acquires
d. Held for author or legal representative
84. Section 84 of the Indian Trusts Act, 1882 deals with:
a. Illegal transfer
b. Trustee duties
c. Beneficiary rights
d. Investment
85. Where property is transferred for illegal purpose:
a. Transferee owns it
b. Trustee controls it
c. Court acquires it
d. Transferee holds for transferor
86. This applies when:
a. Purpose is executed
b. Transferor is more guilty
c. Purpose not carried out
d. Court orders
87. Section 85 of the Indian Trusts Act, 1882 deals with:
a. Illegal bequest
b. Revocation
c. Trustee duties
d. Investment
88. Property bequeathed for unlawful purpose:
a. Goes to trustee
b. Goes to beneficiary
c. Held for legal representative
d. Goes to court
89. Coercion preventing revocation leads to:
a. Valid transfer
b. Trustee ownership
c. Beneficiary ownership
d. Holding for legal representative
90. Section 86 of the Indian Trusts Act, 1882 deals with:
a. Fraudulent transfer
b. Transfer under rescindable contract
c. Trustee liability
d. Beneficiary rights
91. Transferee must hold property when:
a. Contract is valid
b. Contract is rescindable
c. Court orders
d. Trustee directs
92. Such holding is subject to:
a. No condition
b. Court approval
c. Repayment of consideration
d. Government approval
93. Section 87 of the Indian Trusts Act, 1882 deals with:
a. Debtor as representative
b. Trustee duties
c. Beneficiary rights
d. Investment
94. Where debtor becomes creditor’s representative:
a. Debt is cancelled
b. Trustee takes
c. Beneficiary takes
d. Debt held for interested persons
95. Section 88 of the Indian Trusts Act, 1882 deals with:
a. Fiduciary advantage
b. Trustee liability
c. Investment
d. Beneficiary rights
96. A fiduciary gaining advantage must:
a. Keep it
b. Share it
c. Hold it for beneficiary
d. Report to court
97. Fiduciary includes:
a. Trustee only
b. Agent, partner, director etc.
c. Beneficiary only
d. Government
98. Advantage gained under conflict of interest must:
a. Be retained
b. Be taxed
c. Be transferred to government
d. Be held for benefit of other person
99. Section 89 of the Indian Trusts Act, 1882 deals with:
a. Qualified owner advantage
b. Undue influence advantage
c. Existing contract
d. Creditor advantage
100. Advantage gained by undue influence must be held for:
a. Trustee
b. Government
c. Injured person
d. Court
101. This applies when advantage is gained:
a. With consideration
b. Without consideration or with notice
c. By court order
d. By contract
102. Section 90 of the Indian Trusts Act, 1882 deals with:
a. Qualified owner advantage
b. Trustee duties
c. Beneficiary rights
d. Investment
103. A qualified owner includes:
a. Trustee only
b. Beneficiary only
c. Tenant for life or co-owner
d. Court
104. Advantage gained must be held for:
a. Trustee
b. Government
c. Beneficiary only
d. All persons interested
105. Such holding is subject to:
a. Court order
b. Repayment of expenses
c. Government approval
d. Trustee consent
106. Section 91 of the Indian Trusts Act, 1882 deals with:
a. Property with notice of contract
b. Trustee liability
c. Investment
d. Beneficiary rights
107. A person acquiring property with notice must:
a. Own absolutely
b. Transfer to court
c. Hold for benefit of contracting party
d. Sell property
108. This applies where contract:
a. Is void
b. Is unenforceable
c. Can be specifically enforced
d. Is oral
109. Section 92 of the Indian Trusts Act, 1882 deals with:
a. Purchase for trust
b. Trustee duties
c. Investment
d. Beneficiary rights
110. Buyer must hold property for:
a. Himself
b. Court
c. Beneficiaries
d. Government
111. Holding is to extent necessary to:
a. Transfer ownership
b. Give effect to contract
c. Avoid liability
d. Increase value
112. Section 93 of the Indian Trusts Act, 1882 deals with:
a. Creditor advantage
b. Trustee duties
c. Investment
d. Beneficiary rights
113. Secret advantage by one creditor must be held for:
a. Debtor
b. Court
c. Government
d. Other creditors
114. Section 94 of the Indian Trusts Act, 1882:
a. Applies fully
b. Is repealed
c. Governs trusts
d. Deals with liability
115. Section 95 of the Indian Trusts Act, 1882 deals with:
a. Trustee duties
b. Obligor’s duties and liabilities
c. Beneficiary rights
d. Investment
116. Obligor has duties similar to:
a. Beneficiary
b. Court
c. Trustee
d. Government
117. Obligor is entitled to:
a. Profit
b. No remuneration
c. Government benefit
d. Reasonable remuneration
118. Obligor may deal with property without Court permission when:
a. Acting fraudulently
b. Under contract
c. Court directs
d. Trustee agrees
119. Section 96 of the Indian Trusts Act, 1882 deals with:
a. Saving rights of bona fide purchasers
b. Trustee liability
c. Investment
d. Beneficiary rights
120. Rights of transferees in good faith:
a. Are impaired
b. Are protected
c. Are suspended
d. Are void
121. This section prevents:
a. Transfer
b. Trust creation
c. Evasion of law
d. Court control
Download Indian Trusts Act MCQs PDF