Question
Which of the following statements is/are correct in
regards to the UN Convention on the Law of the Sea (UNCLOS)? It is an international agreement that establishes the legal framework for marine and maritime activities. It is also known as Law of the Sea. In 1995, India ratified the UNCLOS.Solution
It is an international agreement that establishes the legal framework for marine and maritime activities. It came into existence in 1982. It is also known as Law of the Sea. It divides marine areas into five main zones namely- Internal Waters, Territorial Sea, Contiguous Zone, Exclusive Economic Zone (EEZ) and the High Seas. In 1995, India ratified the UNCLOS.
‘A’ and ‘B’ started a business by investing certain sum in the ratio 2:3, respectively for 6 years. If 30% of the total profit i...
Anoop' initiated a Canteen Business by investing Rs. 15,000. 't' months later, 'Arvind' joined him with an investment of Rs. 10,000. After 4 months of j...
A started a business with an investment of Rs.40000. After few months B joined him with an investment of Rs.45000. If at the end of the year, they share...
If the ratio of time periods of investment of A and B is 5:6, profit at the end of the year is Rs.100000 and A’s share in it is Rs.25000, then what is...
P and Q together started a business with initial investment in the ratio of 1:13, respectively. The time-period of investment for P and Q is in the rati...
'X' and 'Y' invested 'a + 2400' and '2a', respectively, to launch their businesses. 'X' withdrew half of his money four months later. Determine 'X's inv...
In a business there are two partners ‘P’ and ‘Q’. ‘P’ started the business with the capital of Rs. 24000 and after 3 months ‘Q’ joined h...
"Karan" and "Arjun" launched a business, with "Karan" contributing 25% more capital than "Arjun." 8 months later, 'Arjun' pulled out of the investment. ...
A starts business with Rs.12000 and after 8 months, B joins with A as his partner. After a year, the profit divided in the 5:7. What is B’s contribut...
If a sum of money is to be divided among A, B, C such that A’s share is equal to thrice B’s share and B’s share is 8 times C’s share then their ...
Relevant for Exams:
