Friday 5 February 2016

The Hindu Undivided Family (HUF) and The Hindu Succession Act


http://img.jagoinvestor.com/ji/HUF.jpg

  1. Which of the following statements is/are correct regarding the concept of HUF?
    1. It exists purely for the purpose of revenue assessment.
    2. A HUF is one where property has not been partitioned among sons' and daughters.
    3. It comes under the The Hindu Succession Act.
    4. All of the above.
       
  2. Which of the following members of the family is/are not the part of HUF?
    1. Daughter-in-law
    2. Son-in-law
    3. Both a and b
    4. Married daughter
       
  3. Which of the following category is /are exempted under The Hindu Succession Act?
    1. Members of the Scheduled Castes
    2. Buddhists, Sikhs and Jains
    3. Muslim, Christians, Parsi or Jew.
    4. Both a and c
       
  4. According to the 2005 amendment to The Hindu Succession Act,1956, who of the following is/are the 'coparcener' in the HUF property?
    1. Son only
    2. Son and married or unmarried daughter
    3. Son and married daughter
    4. Son and unmarried daughter
       
  5. According to the recent judgement of Delhi High Court, who of the following has/have the right and privilege of managing HUF as their 'karta'?
    1. Eldest son only
    2. Eldest daughter only
    3. Eldest son and wife of deceased
    4. Both a and b

Answers:

  1. d
  2. c
  3. d
  4. b
  5. d

References


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