As per the Indian Partnership Act 1932, the rate of interest allowed to an loan advanced by partners is ______.
A. 8% p.a.
B. 12%p.a.
C. 5%p.a.
D. 6% p.a.
Answer:D
As per the Indian Partnership Act 1932, the rate of interest allowed to an loan advanced by partners is ______.
A. 8% p.a. B. 12%p.a. C. 5%p.a. D. 6% p.a.