New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    If the trustee does not want to accept the trust

    property he may
    A Disclaim it. Correct Answer Incorrect Answer
    B reject it Correct Answer Incorrect Answer
    C ignore it Correct Answer Incorrect Answer
    D disclaim it within reasonable period Correct Answer Incorrect Answer
    E revert it back to the author. Correct Answer Incorrect Answer

    Solution

    The Indian Trust Act, 1882 S. 10. Disclaimer of trust.— Instead of accepting a trust, the intended trustee may, within a reasonable period, disclaim it, and such disclaimer shall prevent the trust-property from vesting in him.

    Practice Next