Question
Which principle states that the trustee must act
honestly and in good faith, prioritizing the interests of the beneficiaries above their own?Solution
The Principle of Fiduciary Duty is fundamental to the law of trusts. It requires trustees to act with utmost good faith, honesty, and loyalty toward the beneficiaries. Trustees must avoid conflicts of interest and cannot benefit personally from the trust property. This principle ensures trustees prioritize the beneficiaries’ interests and manage the trust property responsibly and prudently.
Which of the following communities observes the Lai-Haroba festival?
India's first Spice Museum is being set up in which of the following cities to educate tourists about growth and history of Indian spice industry?
राजस्थान में दूरस्थ षिक्षा के लिए उ Ÿारदायी विष्व विद्य�...
Name the bank which has been recently put by RBI under Corrective Action Framework (PCA).
Cripps Mission came in India on:
On which date Human Rights Day is celebrated annually?
The 2019 IAAF World Athletics Championships was the 17th edition of the biennial, global athletics competition organized by the International Associatio...
Which temple was awarded the best ‘Swachh Iconic Place ‘in India?
What was the highest denomination note ever printed by the Reserve Bank of India (RBI)?
__________ institution has researched and developed the technique of making the sugar substitute ‘Xylitol’ from sugarcane bagasse?
