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Most Recent AAFM CTEP Exam Questions & Answers


Prepare for the AAFM Chartered Trust & Estate Planner (CTEP) Certification Examination exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the AAFM CTEP exam and achieve success.

The questions for CTEP were last updated on Jan 18, 2025.
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Question No. 1

The employer had purchased a car for Rs. 3,00,000 which was being used for official purposes. After 2 year 6 months of its use, the car is sold to R, the employee, for Rs. 1,20,000. The value of this perquisite shall be __________.

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Correct Answer: A

Question No. 2

From the following information of assets assets and liabilities, the taxable wealth for:

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Correct Answer: A

Question No. 3

______________ of the Transfer Property Act permits the transfer of property only to one or more living persons.

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Correct Answer: B

Question No. 4

In US for year 2013, Grandparent care giver relief is ___________ and Course fee relief is __________.

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Correct Answer: B

Question No. 5

Estate tax is also called ________

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Correct Answer: B

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