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AAFM CTEP Exam Questions

AAFM CTEP Exam Questions Answers

Chartered Trust & Estate Planner® (CTEP®) Certification Examination

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  472 Total Questions
  Updated August 03,2026
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AAFM CTEP Last 24 Hours Result

84

Students Passed

98%

Average Marks

94%

Questions from this dumps

472

Total Questions

AAFM CTEP Practice Test Questions ( Updated) – Real Exam Questions & Dumps PDF

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Latest AAFM CTEP Dumps PDF (Updated )

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AAFM CTEP Sample Questions – Free Practice Test & Real Exam Prep

Question #1

Madras Marumakkattayam Act was enacted in __________.

  • A. 1912
  • B. 1922
  • C. 1925
  • D. 1932
Answer: D
Question #2

Foreign maid levy (applicable only to working mothers) is upto ____________ withoutdomestic worker concession and ___________ with foreign domestic worker concession.

  • A. $4,000; $6,000
  • B. $4,080; $6,360
  • C. $6,360; $4,080
  • D. $6000; $4,000
Answer: C
Question #3

The Inland Revenue Authority of Singapore (IRAS) was established on ___________, bylegislation as a statutory board under the Ministry of Finance.

  • A. 1st September,2002
  • B. 1st September,1992
  • C. 21st September,2002
  • D. 21st September,1992
Answer: B
Question #4

In US, a separate rate structure applies to capital gains and dividends. Under present law,for 2013, the maximum rate of tax on the adjusted net capital gain of an individual is 20percent for singles earning over __________and couples earning over _______________.

  • A. $300,000; $350,000
  • B. $40,000 ;$50,000
  • C. $500,000; $5,50,000
  • D. $400,000; $4,50,000
Answer: D
Question #5

The Hindu Succession (Amendment Act), 2005 came into force from _______________.

  • A. 29th September,2005
  • B. 9th September,2003
  • C. 9th September,2005
  • D. 29th September,2003
Answer: C
Question #6

In Singapore, the deadline for filing personal tax return is _________.

  • A. 31-Mar
  • B. 15-Apr
  • C. 31-Dec
  • D. 15-Sep
Answer: B
Question #7

_____________ is for Certificate of Foreign Status of Beneficial Owner for United StatesTax Withholding and___________ if for Certificate of Foreign Government or Other ForeignOrganization for United States Tax Withholding.

  • A. Form W-8BEN, Form W-8CE
  • B. Form W-8BEN, Form W-8EXP
  • C. Form W-8ECI, Form W-8IMY
  • D. Form W-8ECI, Form W-8EXP
Answer: B
Question #8

The Hire Purchase System is regulated by the Hire Purchase Act ________

  • A. 1972
  • B. 1982
  • C. 1962
  • D. 1952
Answer: A
Question #9

A Deposit of a Will is ____________________

  • A. Same as Registration
  • B. Making a Copy of the Will
  • C. Amendment to the Will
  • D. When the original will is put in a sealed envelope and deposited with the Registrar whogives a receipt
Answer: D
Question #10

_____________ of Income Tax Act,1961 defines the Right of an Executor to recover taxpaid.

  • A. Section 169
  • B. Section 162
  • C. Section 69
  • D. Section 62
Answer: A
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