Question
According to the MSMED Act if a buyer fails to make
payment to the supplier as required, the buyer is liable to pay compound interest with monthly rests to the supplier. What is the rate of this interest?Solution
Section 16.  Date from which and rate at which interest is payable: Where any buyer fails to make payment of the amount to the supplier, as required under section 15, the buyer shall, notwithstanding anything contained in any agreement between the buyer and the supplier or in any law for the time being in force, be liable to pay compound interest with monthly rests to the supplier on that amount from the appointed day or, as the case may be, from the date immediately following the date agreed upon, at three times of the bank rate notified by the Reserve Bank.
Level of optimum production is available at
Anaerobic respiration is called as
The most effective insecticide to control termite is ______
Which of the following pyramid is always upright?Â
Given below are two statements:
Statement I: Orobanche (Broomrape) is a total-root parasitic weed in rapeseed mustard.Statement II: Striga (witch...
Which principle of IPM encourages the use of biological control agents, such as Predators or parasitoids, to manage pests?Â
The weeds whose seed is difficult to separate from crop seed after contamination is called ___
A type of farming in which no single product source of income equals as much as 50% of the total receipts is ____
What is the primary function of chlorophyll in Plants?Â
Which category includes crops like coriander, cumin, and carrot based on taxonomy?
