Question
When no interest is specified in the instrument,
interest on the amount due thereon, shall be calculated at the rate of__________________ as per the NI Act.ÂSolution
Under Section 80 of NI Act- When no rate of interest is specified in the instrument, interest on the amount due thereon shall, notwithstanding any agreement relating to interest between any parties to the instrument], be calculated at the rate of eighteen per centum per annum, from the date at which the same ought to have been paid by the party charged, until tender or realization of the amount due thereon, or until such date after the institution of a suit to recover such amount as the Court directs.
What is the primary objective of system testing in the software development lifecycle?
Which probability distribution is most widely used to model channel noise in pulse code modulation?
Which web application vulnerability is most commonly exploited through code injection, allowing attackers to manipulate database queries?Â
Which of the following statement is TRUE related to Alpha Beta pruning algorithm?
Which unit holds data temporarily and loses it when power is off?
Which of the following statements accurately describes the layer functionality of a router in network communication?
In the context of IPv4 vs. IPv6, which of the following statements is true regarding address space?Â
What is the backbone of MIS?
fill the blank for 19.
Which component in Hadoop is responsible for managing cluster resources and scheduling tasks?
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