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As per the Indian Partnership Act, 1932, the rate of interest allowed on loans advanced by partners is …. (a) 8% per annum (b) 12% per annum

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As per the Indian Partnership Act, 1932, the rate of interest allowed on loans advanced by partners is ….

(a) 8% per annum 

(b) 12% per annum

(c) 5% per annum 

(d) 6% per annum

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(d) 6% per annum

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