New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following amounts to breach of

    trust?
    A Failure of trustee to carry out any specific duty entrusted to him. Correct Answer Incorrect Answer
    B Failure of all the parties of a trust to carry out any duties. Correct Answer Incorrect Answer
    C Misappropriation of accounts by any of the party to a trust. Correct Answer Incorrect Answer
    D Carrying out some other activity than specified in trust deed by any of the party to trust. Correct Answer Incorrect Answer
    E Misappropriation of accounts by author of trust and trustee. Correct Answer Incorrect Answer

    Solution

    As per. S.3 Interpretation Clause “breach of trust”:—a breach of any duty imposed on a trustee, as such, by any law for the time being in force, is called a “breach of trust”:

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