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

    Question

    Which of the following is not true about Transfer of

    property defined as per s. 5 of the Transfer of Property act___________________
    A Covers past present and future transactions Correct Answer Incorrect Answer
    B Living person may include a company or an association Correct Answer Incorrect Answer
    C Living person conveys property to one or more living persons Correct Answer Incorrect Answer
    D Living person may transfer property to himself and one or more other living persons Correct Answer Incorrect Answer

    Solution

    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, or to himself and one or more other living persons; and “to transfer property” is to perform such act.

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