Summer Special 60% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: bestdeal

Get Certified: Proven Methods to Pass the AAFM CTEP Exam

Questions 61

What does ‘T’ in ‘SWOT’ stands for?

Options:

A.

Trends

B.

Time

C.

Threats

D.

Trust

Buy Now
Questions 62

There are generally________ types of Private Foundations. Out of these, in ____________ arrangement, the donor has no direct participation in any charitable work.

Options:

A.

Two, Company-Sponsored Foundation

B.

Three, Non-Operating Foundation

C.

Two, Non-Operating Foundation

D.

Three, Company-Sponsored Foundation

Buy Now
Questions 63

Which is the following is a part of Executor’s fees?

Options:

A.

Funeral Expenses

B.

Master’s fees

C.

Estate duty

D.

All of the above

Buy Now
Questions 64

______________ does not divest the policy holder of his rights in the policy and he retains disposing power over it.

Options:

A.

Assignment

B.

Nomination

C.

Reinsurance

D.

Transferring

Buy Now
Questions 65

What is the ultimate goal of Estate Planning?

Options:

A.

To reduce estate taxes to minimum

B.

To fulfill the estate owner’s wishes as closely as possible

C.

Increase the value of client’s assets

D.

Conserve the existing assets of client

Buy Now
Questions 66

___________ is a brief description of what you do and what you serve.

Options:

A.

Personal Brochure

B.

Elevator Speech

C.

Public Persona

D.

Direct mail

Buy Now
Questions 67

A will can be made by anyone above _____ years of age in India.

Options:

A.

15

B.

16

C.

18

D.

21

Buy Now
Questions 68

Which of the following is a way to Revoke a Will?

CTEP Question 68

Options:

A.

None of the above

B.

Both (i) and (ii)

C.

Only (iii)

D.

(i), (ii) and (iii)

Buy Now
Questions 69

As per Payment of Gratuity Act, Gratuity shall be payable to an employee after he has rendered continuous service for not less than __________

Options:

A.

2 years

B.

5 years

C.

10 years

D.

15 years

Buy Now
Questions 70

Estate tax is also called ________

Options:

A.

Succession Tax

B.

Voluntary Tax

C.

Involuntary Tax

D.

Transfer Tax

Buy Now