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Free AAFM CTEP Exam Questions

Absolute Free CTEP Exam Practice for Comprehensive Preparation 

  • AAFM CTEP Exam Questions
  • Provided By: AAFM
  • Exam: Chartered Trust & Estate Planner (CTEP)
  • Certification: AAFM Certification
  • Total Questions: 475
  • Updated On: Jul 22, 2026
  • Rated: 4.9 |
  • Online Users: 950
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  • Question 1
    • In US for 2013, the amount of the standard deduction is ______ for single individuals and married individuals filing separate returns

      Answer: B
  • Question 2
    • Which of the following statements about Discretionary Trust is/are correct? 

      63

      Answer: A
  • Question 3
    • Which of the following statement(s) about Public Trust is/are correct?

      2 

      Answer: B
  • Question 4
    • X owns a piece of land situated in Varanasi (Date of acquisition : March 1, 1983, Cost of acquisition Rs. 20,000/- value adopted by Stamp duty authority at the time of purchase Rs. 45,000/-).On March 30, 2012 the piece of land is transferred for 4 lakh. Find out the capital gains chargeable to tax if the value adopted by the Stamp duty authority is 5.5 lakh. X does not dispute it. [CII-12-13: 852,11-12: 785,10-11:711]

      Answer: A
  • Question 5
    • The Hire Purchase System is regulated by the Hire Purchase Act ________ 

      Answer: A
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