Explanation: According to Section 9 of the Partnership Act, partners have a duty to carry on the business of the partnership to the greatest common advantage, to be just and faithful to each other, to render true accounts and full information, and to indemnify the firm for any loss caused to it by the partner’s misconduct. Partners also have a duty to share profits and losses equally unless otherwise agreed upon in the partnership agreement. However, partners are not allowed to compete with the firm in the same business.
Which of the following types of decisions are incorporated with financial decisions:
A. Investment decisions
B. F...
In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by :
Which of the following most likely increases the wealth of shareholders?
Which Indian NBFC was selected for the FATF Mutual Evaluation report 2023-24?
Which of the following is NOT a disadvantage of the systems approach?
Compared to investing in a single security, diversification provides investors a way to _______
Which of the following is not true about the market value of a bond?
Which of the following is incorrect in relation to issuance of Bank Guarantee?
How much did foreign direct equity (FDI) investments contract by in the calendar year 2023, according to Department for Promotion of Industry and Intern...
_________ is the ratio of provisioning to gross non-performing assets and indicates the extent of funds a bank has kept aside to cover loan losses.
