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

    Question

    To transfer property is:

    A To transfer proprety to any living person Correct Answer Incorrect Answer
    B To transfer property to any living person and himself. Correct Answer Incorrect Answer
    C To transfer property at a future date. Correct Answer Incorrect Answer
    D A and C. Correct Answer Incorrect Answer
    E All of the above. Correct Answer Incorrect Answer

    Solution

    As per s.5 of the TP Act- S. 5. “Transfer of property” defined.—In the following sections “transfer of property” means an act by.which a living person conveys property, in present or in future, to one or more other living persons, or to himself, 2 [or it himself] and one or more other living persons; and “to transfer property” is to perform such act.

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