Question
The maximum number of partners allowed in a partnership
firm carrying on banking business is:Solution
Historically, the limit for a banking partnership was 10 partners. (Note: Current company laws have revised general partnership limits to 50/100, but the 10-partner rule is the classic specific limit for banking business) .
If rxy = 0.75, then ryx will be:
When the price of a commodity decreases, and its demand curve forms a rectangular hyperbola, what happens to the total expenditure on that commodity?
Which of the following countries had one of the highest GDP per capita (PPP) ratios in the world based on 2022 data?
If 50 percent of the families in a certain city subscribe to the morning newspaper, 65 percent of the families subscribe to the afternoon newspaper and ...
In the Keynesian consumption function C = a + bY, 'a' represents:
According to the kinked demand curve model, if a firm raises its price, competitors are likely to:
Mahalanobis model is –
Suppose there is a pond with fishes and “n” number of fishermen living around it. Let a i is time spent fishing per day by player i. Thus total time...
A "Pigouvian tax" is designed to correct for:
I f Rs. 10 crores are invested in public works and MPS is 0.25, then the increase in income would be
