Question

Which of the following statements is true?

A a partner is entitled to receive remuneration for taking part in the conduct of the business;
B the partners are not required to share equally in the profits earned,
C Where a partner is entitled to interest on the capital subscribed by him, such interest shall be payable only out of losses;
D B and C.
E None of the above.
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RBI Grade B 2026 Phase 1 Memory Based Paper
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