Question

As per the Indian Partnership Act, 1932, the rate of interest allowed on loans advanced by partners is ___________.

विकल्प

• 8% per annum

• 12% per annum

• 5% per annum

• 6% per annum

Answer 1

As per the Indian Partnership Act, 1932, the rate of interest allowed on loans advanced by partners is 6% per annum.