Which of the following is true about a Minor's liability in a partnership firm?
As per S. 30 30. Minors admitted to the benefits of partnership.— (1) A person who is a minor according to the law to which he is subject may not be a partner in a firm, but, with the consent of all the partners for the time being, he may be admitted to the benefits of partnership. (2) Such minor has a right to such share of the property and of the profits of the firm as may be agreed upon, and he may have access to and inspect and copy any of the accounts of the firm. (3) Such minor’s share is liable for the acts of the firm, but the minor is not personally liable for any such act.
Consider the following statements about Interest Equalisation Scheme:
1. It provides pre- and post-shipment export credit to exporters in rupee...
What was the record distance of Neeraj Chopra's winning throw in the men's javelin final at the 2023 World Athletics Championships?
The 7th Hockey Men's Asian Champions Trophy is being held in which city?
Who/which among the following has launched the mobile application 'Rajmargyatra'?
Who is the President of Zimbabwe who has been elected for the second time for a five-year term?
Which virus serves as the carrier of iNCOVACC?
Regarding Money Bill, which of the following statements is not correct?
Consider the following statements about LCH Prachand:
1. It is India’s first indigenous multi-role combat helicopter.
2. It is equipped ...
Consider the following statements about ‘Statutory Liquidity Ratio (SLR)’:
1. SLR is the percentage of NDTL that a bank must keep in sa...
Recently which country has announced the latest test of the Minuteman-III intercontinental ballistic missile?
