Millionaire Mode

The Trusts Act, 1882

Question 1 of 15

What is the definition of a trust under the Trusts Act, 1882?

  1. An obligation annexed to the ownership of property, and arising out of a confidence reposed in and accepted by the owner, or declared and accepted by him, for the benefit of another, or of another and the owner.
  2. A contract between two or more persons, whereby one person transfers property to another person, who agrees to hold the property for the benefit of the first person.
  3. A legal relationship in which one person holds property for the benefit of another person.
  4. A gift of property from one person to another.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000