n NISM Certifications
X NISM Series X
Medium

The Married Women’s Property Act, 1874, was enacted to protect women’s properties against creditors, ensuring their assets are insulated from debt recovery actions.

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    It was enacted to protect the properties of woman being taken away by husband

  2. B

    It was enacted to protect the properties of woman being taken away by family members after marriage

  3. C

    It was enacted to protect the properties of woman against the debtors

  4. It was enacted to protect the properties of woman against the creditors

    Correct answer

Why this is the answer

The Act was aimed at safeguarding women’s property rights from creditors and attachment by creditors, ensuring property protection.

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