Question Paper BSNL (JAO)
1. Which of the following statement is correct, by virtue of section 13 of the Indian Partnership Act, 1932?
(a) Partner is not entitled to interest on the advance made over and above the share of capital
(b) Partner is not entitled to interest on the capital subscribed by him
(c) (a) and (b) both
(d) None of these
Ans. a
2.. Incase dissolution of the partnership the interest on capital :
(a) As well as on advances keeps running upto the date of payment.
(b) Ceases run whereas interest of advances keeping running upto the date of payment
(c) And the interest on advances cease to run
(d) None of these
Ans. b
3. Which of the following is provided under section 13 (f) of the Indian Partnership Act, 1932?
(a) Indemnity in favour of the firm against a partner
(b) Indemnity in favour of the parties against the firm
(c) Indemnity in favour of the partner against the firm
(d) None of these
Ans. a
4. Which of the following section of the Indian Partnership Act describes regarding what constitutes the property of the firm :
(a) Section 14
(b) Section 19
(c) Section 18
(d) Section 15
Ans. a
5. Section 14 of the Indian Partnership Act, 1932 is :
(a) Inclusive
(b) Conclusive
(c) Voidable
(d) None of these
Ans. a
6. The property purchased by a partner out of the partnership funds is :
(a) A question of fact
(b) An estate of the partner
(c) A joint estate
(d) None of these
Ans. a
7. On which State of India, the Sale of Goods Act, 1930 does not applies?
(а) Arunachal Pradesh
(b) Sikkim
(c) Jammu and Kashmir
(d) All the above
Ans. c
8. The definition of the documents of title of goods described in this Act is:
(а) descriptive
(b) Exhaustive
(c) can not be determined
(d) None of these
Ans. a
9. Which of the following sections of the Sale of Goods Act defines the term ‘goods’?
(a) section 2(4)
(b) section 9
(c) section 6
(d) section 2(7)
Ans. d
10. Which of the following is included in Goods under section 2(7)?
(a) money
(b) actionable claim
(c) all claims
(d) None of these
Ans. d
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