Millionaire Mode

Trusts: Powers of Appointment

Question 1 of 15

What is a power of appointment?

  1. A power granted to a trustee to sell or distribute trust assets.
  2. A power granted to a beneficiary to designate who will receive trust assets upon their death.
  3. A power granted to a settlor to modify or revoke a trust.
  4. A power granted to a court to supervise the administration of a trust.

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