Free AAFM CTEP Exam Actual Questions

The questions for CTEP were last updated On Dec 18, 2024

Question No. 1

With reference to Business Succession Planning, ____________ protects the value of the business.

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Correct Answer: C

Question No. 2

The interest payable for a housing loan outside India is not allowed as a deduction U/S 24 (1) while computing the income from house property. The given statement is

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Correct Answer: A

Question No. 3

The current GST rate in Singapore is __________.

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Correct Answer: C

Question No. 4

During the PY 2008-09 a charitable trust earned an income of Rs. 5 lakh out of which Rs. 3 lakh was received during the PY 2008-09 and the balance Rs. 2 lakh was received during the PY 2010-2011.To claim full exemption of Rs. 5 lakh in the PY 2008-09, state:

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Correct Answer: A

Question No. 5

In case of Amputation through shoulder joint, what is the Percentage of Compensation given (as per Workmen's Compensation Act)?

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Correct Answer: C