Question
In the absence of any provision by contract between the
partners for the duration or determination of their partnership, what type of partnership is it?Solution
As per section 7 of Indian Partnership Act: Where no provision is made by contract between the partners for the duration of their partnership, or for the determination of their partnership, the partnership is "partnership-at-will".
Which instrument is used by foreign entities not registered with SEBI to invest in India Market via registered brokers?
RBI’s Internal Ombudsman Scheme is applicable to:
What will be the current yield of a bond with a face value of ₹100 , a coupon interest rate of 10% and market price of ₹80?
Which of the following day-count convention is used to price bond market financial instruments in Indian bond market?
Participatory notes (PNs) are associated with which one of the following?
What is c in FCCB (Type of bonds)
Which of the following statements is/are correct regarding National Stock Exchange (NSE) in India?
1)Â Â Â Â Â NSE was established in 1992. <...
Mr. X bought a bond at 1000 at a 10% coupon rate. But he intends to sell the bond after a year to Mr. Y. Mr. Y purchased the bond at 986. At the end of...
Which of the following methods of retiring bonds before maturity is generally considered the most detrimental to the bondholders?
Bonds with original maturities of one year or less are called: