Question

Which of the following is not a duty of partners under the Partnership Act?

A To indemnify the firm for any loss caused to it by the partner’s misconduct
B To carry on the business of the partnership to the greatest common advantage
C To share profits and losses equally
D To compete with the firm in the same business
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)