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प्रश्न
Kanha, Resham and Nisha were partners in a firm. Nisha had given a loan of ₹ 1,00,000 to the firm @ 10% p.a. The accountant of the firm is emphasizing that interest on loan will be paid 6% p.a. At what rate the interest on loan will be paid to Nisha?
पर्याय
6% p.a.
10% p.a.
8% p.a.
No interest on loan will be paid.
MCQ
उत्तर
10% p.a.
Explanation:
If a partner lends money to the firm without a specified interest rate arrangement, the Indian Partnership Act, 1932, pays 6% p.a. If the agreement sets a rate (in this case, 10% p.a.), it must be followed. Nisha's loan has a 10% p.a. interest rate, thus the firm must pay it. Therefore, the accountant's 6% p.a. advice is wrong.
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