Transmission

Transmission

Professional Development

10 Qs

quiz-placeholder

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Basic legal terminology

Basic legal terminology

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8 Qs

Transmission

Transmission

Assessment

Quiz

English

Professional Development

Medium

Created by

Saloni Daiya

Used 3+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In Transmission, in case of deletion of 2nd and (or) 3rd unitholder copy of DC that should be attested only by notary public/ gazatte officer in original.

True

False

might be

none of the above

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If claimant is Nominee (Minor) than copy of _______ is required for transmission.

School Leaving certificate

Birth certificate

State board certificate

none of the above

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Bond of Indemnity is required if the claimant/Legal heir is submitting succession certificate or Probate of Will or Letter of Administration for transmission

true

false

might be

none of the above

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If the claimant is Nominee and the transmission amount is more than 5 lakhs then nominee's signature should be attested by?

Bank Manager

Notary Public or JMFC

Self attested

none of the above

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Individual Affidavit is not mandatory to be given by each legal heir in case of transmission

True

False

not compulsion

none of the above

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

If the claimant is legal heir and the transmission amount is more than 5 lakhs then both the above documents are required for transmission; Notarized copy of Registered will with Notarized Indemnity Bond and Legal heirship certificate

True

False

might be

none of the above

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In case of change of Karta if the transmission amount is more the 2 lakhs only the appropriate document evidencing relationship of the new Karta and the other coparceners with the deceased Karta is required for transmission.

True

False

both A and B are true

both A and B are false

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