New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Under the Indian Trusts Act, 1882, when does the

    beneficiary's interest in the trust property vest?  
    A On the creation of the trust Correct Answer Incorrect Answer
    B On the execution of the trust deed Correct Answer Incorrect Answer
    C When the trustee delivers possession of the property Correct Answer Incorrect Answer
    D Immediately upon the fulfillment of the conditions of the trust Correct Answer Incorrect Answer
    E When the trust is revoked Correct Answer Incorrect Answer

    Solution

    The Act states that the beneficiary's interest in the trust property vests upon fulfilling the conditions specified in the trust deed. The interest is contingent on the terms and conditions outlined in the trust

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