Advertisements
Advertisements
Question
As per the Indian Partnership Act, 1932, the rate of interest allowed on loans advanced by partners is ___________.
Options
8% per annum
12% per annum
5% per annum
6% per annum
MCQ
Fill in the Blanks
Advertisements
Solution
As per the Indian Partnership Act, 1932, the rate of interest allowed on loans advanced by partners is 6% per annum.
shaalaa.com
Is there an error in this question or solution?
